EVERYTHING ABOUT FOREX
The Ichimoku Cloud combines several approaches to the analysis of the market and is designed to identify trends, gauge momentum and provide trading signals. Ichimoku Kinko Hyo translates into “one look equilibrium chart”. With one look, chartists can identify the trend and look for potential signals within that trend. Although Ichimoku analysis may look complex, it is really a straightforward indicator that is very usable. Firstly used at the Japanese markets only, this method of technical analysis became very popular at the international markets as well.
The indicator was developed by a Japanese analyst Goichi Hosoda in 1930s to predict the movement of the Japanese stock index Nikkei and simplify the use of candlesticks.
Ichimoku can also help to confirm trend reversal and determine the buy or sell trading signals.
We invite you into the investment world of InvestAZ. You can follow the steps below to be an online investor with us.
Fill the demo account form to open an account and trade risk free positions.
You can apply to open a real account entering the world of investment.
After depositing the initial investment you can easily start to trade.