Ichimoku Kinko Hyo Introductory Part 5: Conversion Line and Base Line ① [Supervised by Tetsuo Hosoda (Sansei Ichimoku Yama hito) ]
Introduction to the Ichimoku Kinko Hyo [Supervised by Teppei Hosoda (Sansei Ichimoku Yami) ] Series Article (Total 14)
・Chapter 1 The Origin of Ichimoku Kinko Hyo (Free)
・Chapter 2 The Three Trends and Time Relationships I
・Chapter 3 The Three Trends and Time Relationships II
・Chapter 4 What Can Be Understood from Time Relationships and Price Relationships
・Chapter 5 Conversion Line and Base Line I
・Chapter 6 Conversion Line and Base Line II
・Chapter 7 Conversion Line and Base Line III
・Chapter 8 Leading Span and Lagging Span I
・Chapter 9 Leading Span and Lagging Span II
・Chapter 10 The "Pattern" of Preparation Structure and 9-Week Chart
・Chapter 11 9-Week Chart and 9-Month Chart
・Chapter 12 The Real-Line of the Week, B, Y and the Equilibrium Line
・Chapter 13 How to Use B, Y
・Chapter 14 Content of the Original Book of 'Ichimoku Kinko Hyo'
Chapter 5 Table of Contents
1. The idea of predicting when and up to what price
2. How to create the Conversion Line and Base Line
3. Example problems of Ichimoku Kinko Hyo charting
4. Ichimoku Kinko Hyo Trivia
Teppei Hosoda (Hosoda Tessei) Profile
Economics Fluctuation Research Institute Co., Ltd. Sansei Ichimoku Yami. Following the will of Ichimoku Yami, engaged in promoting the correct use of Ichimoku Kinko Hyo. Wrote market commentary and charting courses for the "Ichimoku Kinko Hyo Club" hosted by the Economics Fluctuation Research Institute. Every Monday on Radio NIKKEI Market Press, broadcasting "Technical Analysis from Nikkei Average Ichimoku Kinko Hyo".
Official site:Ichimoku Kinko Hyo Official Homepage | Economics Fluctuation Research Institute Co., Ltd
The idea of predicting when and up to what price
Until now, we explained the framework necessary for correct use of Ichimoku Kinko Hyo, including the concepts of the three trends, time relationships, and price relationships.
In summary, by considering that any fluctuation will eventually form three waves, you can anticipate “when and up to what price (or down to what price)”—that is, the time required for the third wave and the target price in advance. If you grasp this little-known concept of the three waves, your understanding of the five lines of Ichimoku Kinko Hyo to be explained from here—namely the Conversion Line, Base Line, Leading Span upper and lower, and Lagging Span—will deepen.
Copyright of Ichimoku Kinko Hyo belongs to Economics Fluctuation Research Institute Co., Ltd., which publishes the original work. For purchasing the original text, please refer to the official Ichimoku Kinko Hyo homepage.
Services | Official Ichimoku Kinko Hyo Homepage | Economics Fluctuation Research Institute Co., Ltd