Ichimoku Charts by Rudy Teseo
Some indicators may appear to be more complicated than they really are. Here, we dissect ichimoku charts and take the mystery out of them.
These days, you have to be careful when you use the word “cloud.” You have to be sure your listener knows whether you’re referring to some server in the sky or an indicator used by stock chartists (technical analysts).
I’m a latecomer when it comes to the ichi. Like many traders, I took one look at the indicator and said, “No, not for me; there are a lot simpler indicators that I still haven’t mastered.” And when I couldn’t find it in Steve Achelis’ Technical Analysis From A To Z, that was the death knell.
But then I received an email offering a free ichi ebook, which I downloaded. Within 15 minutes I was starting to think differently about this indicator. I then watched a couple videos on the topic at TC2000.com and was hooked ...