The later webinars explore in detail some of the most popular technical analysis indicators and how to use them, such as Fibonacci Levels, the Ichimoku Kinko Hyo
, Moving Averages and Momentum Oscillators.
<strong>History</strong><br> The Ichimoku Cloud was originally called the 'Ichimoku Kinko Hyo
.' Where Ichimoku means 'one glance,'Kinko 'balance' and Hyo 'chart.' Thus the full translation could best be described as 'one glance balanced chart.' Originally developed by Goichi Hosada pre WWII, a newspaper journalist (published in 1969) who wanted to develop an Uber-indicator that could provide the trader with various levels of support/resistance, entry/exit points, direction of the trend, and strength of the signal.