Vantage FX UK (www.vantagefx.co.uk) looks at the Japanese trading system of Ichimoku Clouds.
Ichimoku Clouds
Part 1 of this series looks first at the history and origins of the Ichimoku Cloud system. It then goes on to explore some of the components of the Ichimoku Cloud and how those components can be used to better understand Forex charts - one element being two moving averages; a nine-day and an twenty-six day. These moving averages can be analysed in much the same way as any stand-alone moving averages might be. This video also talks about analysing candlestick patterns - including hammer candles and the Three White Soldiers formation - as part of the Ichimoku Cloud analysis.
