The Ichimoku Cloud

Quoting halfstep

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I am quite interested in Japanese technical indicators, as i find candlesticks so effective. and recently, I have came across some interesting reading regarding the Ichimoku Cloud.

Common and popularly used in Japanese Trading rooms, the Ichimoku Cloud or (Ichimoku Kinko Hyo) is a MACD + trend line + S&R super indicator that is supposed to be the only indicator you need on a chart.

interesting.

Anyone have experience with them?

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Quoting pursuit_21

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personal experience - very useful indicator...also useful for dynamic s/r ...however i find that a lot of trader like using the cloud for t/f shorter than 1hr---i personally don't use the cloud on anything less than 4hr candle charts....i find that price ignores the cloud a lot on shorter time frames...where as in the 4hr, daily, wkly, monthly...the cloud acts as a very powerful equilibrium zone. i do find the tenkan sen and kijun sen useful on the shorter time frames though

my 2c.

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Quoting halfstep

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thanks for the input. Do you have any recommedation for ICHIMOKU learning sources? I mean like legitimate CDs, or books and stuff.
I like candles, so I learned from Nison, and I would like to learn from equivalent sources for CLouds

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