Ichimoku Price Theory | An Introduction

Ichimoku Price Theory Price Target 2ndskiesforex small

This is the third installment introducing details to subjects which are not really discussed or talked about when it comes to Ichimoku Trading, that of using Ichimoku Time Theory and Ichimoku Wave Theory. Remember, according to Goichi Hosada (the creator of the Ichimoku Cloud), Ichimoku trading is based upon three pillars, and they are;

1) Ichimoku Time Theory
2) Ichimoku Wave Theory
3) Ichimoku Price Theory

This article will be focused on introducing the key principles to Ichimoku Price Theory.  For those wanting a review of the other two, you can find those articles by clicking on the links above.

It should be noted to really understand and apply Ichimoku Price Theory, you will need an understanding of the …

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