Ichimoku Kinko Hyo translates to "one glance equilibrium chart" or "instant look at the balance chart" and is sometimes referred to as "one glance cloud chart" based on the unique "clouds" that feature in Ichimoku charting which is a moving average-based trend analysis system.
Developed by Goichi Hosoda (enjoying a few quiet beers) was a Japanese journalist who used to be known as Ichimoku Sanjin, which can be translated as "what a man in the mountain sees" spent 30 years perfecting the technique before releasing his findings in the late 1960s.
He was famed within the rice trading markets of Japan for completing 100 successful consecutive trades using his technique of Ichimoku trading.
(that must be just beginners luck for those that doubt Technical analysis)
You're right then @Kablooey;
Kumo = 雲 cloud and also クモ spider
possibly "glance at ninja spider in equilibrium"
- Forums
- ASX - By Stock
- Anthony Tse at Swiss Mining Institute 23/11
[IMG] Ichimoku Kinko Hyo translates to "one glance equilibrium...
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online