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

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5. Case Studies

Now the difficult part of putting all this into practice. In the following pages we will work through in detail how we would use all the Ichimoku Kinko Hyo tools, remembering the vital link between time and price.

Just to remind you (in case you have got lost by now), the elements we have to consider are:

  1. the candles themselves,
  2. nine and twenty-six-day moving averages,
  3. the cloud and its size,
  4. Chikou Span,
  5. the long term wave count,
  6. the short term wave count,
  7. the Wave Principle,
  8. Price Targets, and
  9. Time Principle.

Phew, and you thought this was the easy answer to your prayers!

Study 1: FTSE100 Index

I have deliberately chosen a complex example so that you are not lulled into a false sense of security. ...

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