In my opinion knowledge is power therefore you should read as many books as possible. Since you are a total newbie, then my advice to you would be to learn a good forecasting tool first before you dive into the indicator department. The problem with ...

Taking Profits too early?

No problem

Taking Profits too early?

At the moment I am using Ichimoku Kinko Hyo as my indicator. But I apply the three core theories mentioned by Hosoda: Wave Principle, Time Principle and Price Principle. This allows me to have a better understanding of the market so that I can enter ...

Taking Profits too early?

Currently the USOil has completed an N wave pattern and is now beginning Sasaki's 4 pattern on the 1 hour chart. This double combination becomes an N4 pattern mentioned by Nicole Elliot in her book.

Ichimoku forever

Thank you, for the sending me the links my friend. Chris Capre did a good job in explaining the basic outline of the three theories. From my research from Japanese translated websites, Hosoda and Sasaki found Time to be more important than price. If ...

Ichimoku forever

There are a number of good forecasting tools available in which you can understand where the market is going to terminate. If you want to be a successful swing trader then you need to have patience and the courage to keep your position even when the ...

Taking Profits too early?

Thank you for responding to my message. In the last 6 months I have studied the markets for 10 hours a day. I have read Nicole's Elliot book a hundred times, and I have searched through the Internet looking for Japanese articles on Ichimoku. The ...

Ichimoku forever

I find it rather surprising that Hosoda book or even Sasaki 1996 publication on ichimoku hasn't been translated into English. I want to study the three core elements of ichimoku: Time, Price and Wave theory. However, there is limited material ...

Ichimoku forever

Sometimes the simplest of techniques can be the greatest tool for a trader to tackle the market. From my recollection he is a strong advocate of using patterns to trade the market, and focuses on eleven key simple chart patterns (Ascending Triangle, ...

"good traders trade, bad traders teach"

There is nothing wrong in teaching people to trade at a reasonable price. There is a huge difference between reading and applying a strategy successfully. Dan Zanger made millions in the Stock Market and he offers a trading course. Teaching is a ...

"good traders trade, bad traders teach"