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Ichimoku Charts: An introduction to Ichimoku Kinko Clouds by Nicole Elliott

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1. History

In this short chapter I thought it would be interesting to briefly describe the political and economic background that prevailed at the time that candlesticks were first thought of, and how Ichimoku Cloud charts evolved from these. The chapter ends with a calligraphic diversion that analyses the Chinese characters for Ichimoku Kinko Hyo.

Edo, candlesticks and Ichimoku Kinko Hyo

Political and economic background

The use of charting increased as Japan emerged from a feudal period of constant war, where the emperor in Kyoto and his military deputy, the shogun, had lost all control (1500 to 1600). A process of unification began, known as the Edo period, which lasted from 1600 until the Meiji Restoration in 1868. During this time, ...

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