Active forex dealer talks with the trending person in a full conversation Trader’s Interview｜Guest Tetsuo Hosoda Part 2 [Traders Securities Minna no FX Igua Kio]
※The discussion video is posted in a space accessible to those who have registered for Money Up.
Tetsuo Hosoda Profile
CEO of Economic Fluctuation Research Institute. He takes over the will of the Ikkyu Sanzan and works to popularize the correct use of the Ichimoku Kinko Hyo. He is writing market analysis and charting courses for the Ichimoku Kinko Hyo Club and the “Stock Letter” email magazine hosted by the Economic Fluctuation Research Institute. He is the grandson of Ikkyu Sanzan, the founder of Ichimoku Kinko Hyo (Hosoda Satoru).
Third Generation Ikkyu Sanzan Ichimoku Salon：https://www.gogojungle.co.jp/finance/salons/19108/
Twitter：https://twitter.com/tessei_hosoda
Kio Iguchi Profile
Iguchi, Yoshio. Traders Securities Market Division, Trading Department. Certified Technical Analyst. He has been involved with financial institutions since 1998, mainly engaged in discretionary dealing in the commodities markets centered on precious metals and petroleum products. Since 2009, he has been with Minna no FX, handling trading operations focusing on USD/JPY and major European currencies. He is proficient in forex analysis from fundamental perspectives and is also known for his short-term forecasting using technicals. Recently he has appeared in Minna no FX's free online seminars, delivering easy-to-understand lectures. Additionally, on Twitter, professional dealers share real-time market opinions, so it is worth checking.
Twitter：https://twitter.com/yoshi_igu
※This article is a republication and rewrite of an article from FX攻略.com November 2020 issue. Please note that the market information described in the text may differ from current market conditions.
【Part 1 is here】
It is important to confirm the Conversion Line and Baseline
IguchiIchimoku Kinko Hyo is used in many ways, but please teach the original method.
HosodaIchimoku Kinko Hyo is also a methodology for safely capturing the maximum price range in the shortest time. Many think it is complicated because there are many lines, but once you understand the relationships, how you use it changes. Check whether the time from a high to the break of the Conversion Line is the same as the time after breaking the Conversion Line, to deepen confidence in the Leading Span relative to the Baseline. There are many ways to use it, such as checking how the Conversion Line and Baseline break.
IguchiOften the focus is on whether the Leading Span breaks out, but it is also important to look at the Baseline and the Conversion Line.
HosodaAlso, one should at least understand the Ichimoku Kinko Hyo on daily, weekly, and monthly charts. For intraday and minute charts, in daily and weekly charts the Leading Span is usually the Conversion Line or Baseline. As time passes, the lines change in half as much. You can anticipate what changes will cause lines to move in advance. You can predict when the Baseline and Conversion Line will start moving. It is important not only to look at the lines after the fact, but to view how long a state of non-movement will persist before the Baseline reaches this position.
IguchiRather than watching after movement, it is also important to anticipate the Baseline in advance. That perspective was not common for me.
