Infiltration of the 'Ichimoku Kinko Hyo Study Group' led by the third-generation Ichimoku master, Mr. Tetsuo Hosoda!!
The 'Ichimoku Kinko Hyo' is one of Japan's most representative chart analysis methods. It was devised in 1936 by Goichi Hosoda, who is known by the pen name Ichimoku Sanjin, and with its unique theory and meticulous analytical methods it has captivated many traders. Today, it is loved by many traders around the world, both professionals and amateurs.
However, on the other hand, very few people understand Ichimoku Kinko Hyo correctly. In particular, many people do not understand important theories that compose Ichimoku Kinko Hyo, such as 'Time Theory' and 'Wave Theory,' and they make judgments based solely on appearance—like the Leading Span, the Cloud, and the Lagging Span.
I suspect this is because many people have learned its usage from simplistic introductory books or information sites.
Personally, I too have only skimmed a book by Mr. Sasaki titled 'The Study of Ichimoku Kinko Hyo,' which is somewhat like a digest version of Ichimoku Kinko Hyo, so I am truly embarrassed to admit it…
Nevertheless, I, the author, was allowed to participate in the 'Ichimoku Kinko Hyo Study Group' hosted by the rightful successor to Ichimoku Kinko Hyo, Mr. Tetsuo Hosoda, and even managed to infiltrate (well, you can apply to participate from the website). It was a valuable experience, and I’d like to share it with you.HP
First, what I noticed after attending the study group was that the participants show no bias in age or gender. Moreover, many come from distant places. It suggests that the approach is recognized across a broad range of generations.
And the greatest benefit of this study group is the printout of charts that Mr. Hosoda himself created. They analyze USD/JPY, the Dow Jones, the Nikkei Average, and the monthly, weekly, and daily charts of individual stocks you’re interested in using Ichimoku Kinko Hyo.
In other words, the core of the study group is that Mr. Hosoda explains in detail how he judged the markets based on this printout. The genuine master of Ichimoku Kinko Hyo in Japan demonstrates his analytical method in person.
Personally, what I found most helpful were the concepts of time and the basic numerical values. When you apply these crucial numbers to a chart, important turning dates from the past to the future emerge. Moreover, viewing it on paper somehow deepens your understanding, which is quite remarkable.
Among the study group participants, a few also draw charts on paper, and apparently drawing charts by hand significantly boosts understanding.
Of course, not all participants are that hardcore, and the atmosphere is truly welcoming, so you’ll want to attend again and again. In fact, during breaks and after the study session there is time to casually ask Mr. Hosoda questions, so you can quickly address any doubts. If you keep this up, you will undoubtedly develop market sense that is one rank higher, or even more.
By the way, after the study group there is also a freely attended social gathering where participants can further their understanding and interact with others about Ichimoku.
A genuine Ichimoku Kinko Hyo experience and its depth can be felt at this valuable study group. It is held on a monthly basis, and the dates are announced on the official homepage, so please be sure to check.
Ichimoku Kinko Hyo Official Homepage
http://www.ichimokukinkouhyou.jp
