Thread: Ichimoku
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Old 12-05-2005, 07:44 PM
newdigital newdigital is offline
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Quote:
Originally Posted by muram
In Japanese, "sen" means line.
"Tenkan" means conversion.
"Kijun" means average or standerd.
"Senkou" means faster, and "chinkou" means later.

Some traders say he only uses Ichimoku, dosen't need other indicator.
But I don't understand Ichimoku well.

I know Japanese language, but I am a beginner about trading.
I am not joking about the tradition. Do you know how difficult to receive the information about Ichimoku trading strategies? Very difficult. There are few book and articles and few people only in Western countries and in Russia are trading professionally using this indicator. Because Ichimoku trading strategies are based on the trading experience and practics. Some people call it 'trading secrets'. There are many trading strategies based on this indicator and many of them in Japanese language. And I am not ready to understand this language yet.

I know that this indicator was not developed for the forex. It was adapted to the forex market. Muram, if you are able to get some information in Japanese please share with us (in English). Simple description will be enough.
Last edited by newdigital; 12-05-2005 at 07:58 PM.
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