Trading with Ichimoku clouds : the essential guide to Ichimoku Kinko Hyo technical analysis / Manesh Patel.

Includes bibliographical references (page 199) and index.

"Trading with Ichimoku Clouds is for those traders looking to learn a specific trading style that incorporates a trading plan based on specific rules. This book is direct and to the point. It gives the reader an inside look into a trading system that can be applied to all markets--stocks, futures, and especially Forex. Excellent work!"--John Person, founder, NationalFutures.com.

The technical trading system called Ichimoku Kinko Hyo--Ichimoku Clouds--is seen by many as the next evolution of the candlestick method. Long a favorite in Japan, Ichimoku Clouds is now gaining an avid following in the United States and around the world. Now, Manesh Patel--one of the pioneering U.S. practitioners of Ichimoku trading and administrator of ichimoku.net--offers a detailed look at this proven approach as well as its technical strategies. Chapter by chapter, Patel explains how Ichimoku trading works, and how you can create and implement a trading plan based on this discipline that can easily be tailored to your trading style.

Ichimoku Kinko Hyo is a technical system that illustrates support and resistance values in a simplified form and is considered an extension of the very popular candlestick charting system. In fact, the system was built on the idea that at "one glance" you should be able to determine whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).

Along the way, it also takes you step by step through the entire decision-making process, from entries and exits to triggers, in order to test the trading plan created and ensure you've developed a successful system that fits your personality and circumstances.

Filled with in-depth insights and expert advice, Trading with Ichimoku Clouds will help you implement a proven straregy designed to capture trends that maximize profits and minimize losses. If you're looking to become a better trader, following some of the characteristics within this system is a step in the right direction. --Book Jacket.

Ichimoku components -- Ichimoku trading plan -- Ichimoku backtesting -- Post-analysis -- Ichimoku strategies -- Ichimoku time elements -- Applied trader psychology / Doug Laughlin -- Day trading with Ichimoku -- Conclusion.