The fundamental unit of price progression in Ichimoku is the N wave. Due to the fractal nature of the market, you have N waves within N waves within N waves.
On this chart, I have shown a major N wave in formation. You can see the minor N waves that have formed around the legs of the major wave. The assumption in Ichimoku is that the final leg of an N wave will form in symmetry and proportion relative to the A-B leg. Do all N waves reach their full potential? No. Like everything else in trading, it's all a matter of probability. Most N waves never see the full E Projection.
Plotting the major wave gives you a longer-term context for shorter-term swing trades. These shorter-term trades get their own price projections and time counts. I have noted the price projections based on the major wave.
Goichi Hosoda used multiple timeframes and Kihon-sūchi counts on his charts. I have plotted out the Kihon intervals for the major wave. Were I to short AGRO, I'd plot new price projections and a new Kihon count. Things get interesting when you have Kihon intervals from different timeframes line up close together. These alignments create probability nodes. If you get a Henka-bi (day of change) at one of these nodes, you got yourself quite a Henka-bi.
The C-D projection is a kind of trend line. Violations of this trend line are usually violations of your thesis. As you can see, AGRO is trading under the cloud (where bearish outcomes have the probabilistic upper hand). You trade with the trend--not against it. Here, you're looking to short segments of the larger N wave's final leg.
With AGRO, you have possible pattern confluence forming with a inchoate head and shoulders. I don't like to see price step across the C-D projection, but if it does here, it might be to form the final shoulder. Pattern confluence can more than make up for the trend-line violation.
If you want to learn how to set up and manage a trade Ichimoku style, check out my new book--Ichimoku: The Holistic System on Amazon (ISBN: 979-8-9912322-1-0).
On this chart, I have shown a major N wave in formation. You can see the minor N waves that have formed around the legs of the major wave. The assumption in Ichimoku is that the final leg of an N wave will form in symmetry and proportion relative to the A-B leg. Do all N waves reach their full potential? No. Like everything else in trading, it's all a matter of probability. Most N waves never see the full E Projection.
Plotting the major wave gives you a longer-term context for shorter-term swing trades. These shorter-term trades get their own price projections and time counts. I have noted the price projections based on the major wave.
Goichi Hosoda used multiple timeframes and Kihon-sūchi counts on his charts. I have plotted out the Kihon intervals for the major wave. Were I to short AGRO, I'd plot new price projections and a new Kihon count. Things get interesting when you have Kihon intervals from different timeframes line up close together. These alignments create probability nodes. If you get a Henka-bi (day of change) at one of these nodes, you got yourself quite a Henka-bi.
The C-D projection is a kind of trend line. Violations of this trend line are usually violations of your thesis. As you can see, AGRO is trading under the cloud (where bearish outcomes have the probabilistic upper hand). You trade with the trend--not against it. Here, you're looking to short segments of the larger N wave's final leg.
With AGRO, you have possible pattern confluence forming with a inchoate head and shoulders. I don't like to see price step across the C-D projection, but if it does here, it might be to form the final shoulder. Pattern confluence can more than make up for the trend-line violation.
If you want to learn how to set up and manage a trade Ichimoku style, check out my new book--Ichimoku: The Holistic System on Amazon (ISBN: 979-8-9912322-1-0).
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。