Ichimoku cloud basics, explained in simple terms. // Day trading for beginners 101 stocks options

Ichimoku cloud basics, explained in simple terms. // Day trading for beginners 101 stocks options


Ichimoku cloud basics, explained in simple terms. // Ichimoku cloud trading, ichimoku cloud explained, ichimoku for beginners, ichimoku basics for the beginner, ichimoku trading, ichimoku 101 tutorial, ichimoku trading strategy, ichimoku cloud trading strategy, ichimoku cloud for beginners, ichimoku cloud indicator, ichimoku cloud breakout, ichimoku cloud day trading, ichimoku cloud trading strategy, ichimoku cloud for beginners, ichimoku cloud for dummies, ichimoku cloud 101 david moadel David Modell I’ve seen many videos on YouTube about the ichimoku clouds and most of them are too long they have too much complicated terminology and I think they’re going to turn off a lot of people and so I wanted to present something present something very quick and simple and it’s really just an introduction but here we go let’s talk about it so this is the Yahoo daily price chart from stockcharts.com and I wanted to use this as an example and all these candlesticks represent each candlestick represents one day of price action for yahoo stock all right so this is the cloud and as you can see sometimes it’s green sometimes it’s red and you notice that the cloud actually goes beyond the current days price action and we’ll talk about that later so if the current price is above the cloud like it is here the current candlestick is above the cloud right now then the direction is considered up and that’s considered bullish if the current price is below the cloud like it is for these candlesticks they’re all below the cloud then the direction is down and that’s considered a bearish sign also if the cloud is currently green like for example this is today’s candlestick and today the cloud is green then the direction again is up and that’s considered bullish and if the cloud is currently red like on this day for example the cloud is colored red then the direction is down and that’s considered bearish so for example if you look at today’s candlestick it’s above the cloud that’s considered bearish I’m sorry that’s considered bullish and the cloud itself is green and that’s also considered bullish if you look at this candlestick on this day in December the current candlestick is below the cloud and that’s considered bearish and the cloud itself is colored was colored red on this day and so that’s also a bearish sign now what about the rest of these lines well in addition to the general direction of the price action the Lions can also be interpreted as levels of support and resistance and that that includes all five of these lines here one two three four five because these two lines that form the cloud are themselves useful as support and resistance lines in addition to these three other lines here when the current price is above the various lines on the chart those lines are considered levels of support so for example these candlesticks here are all above the lines and so this would be the first level of support and this would be the next one and then this would be the next one and this would be the next one when the current price is below the various lines on the charts those lines are considered levels of resistance so for example these candlesticks here are below the lines and so the first level of resistance would be here and the next one will be here than this one and then this one and then this one the two lines that form the cloud itself are often considered to be the strongest support and resistance levels so it’s a big deal when the price breaks out of the cloud all right so for example this candlestick right here would have this line as the strongest resistance level and this line as the strongest support level and when it broke out when it broke through this strong resistance level here as you can see it just went up and up and up after that and so that’s a sign when it breaks out like that now what about over here well on the standard settings the cloud projects support and resistance levels 26 days ahead of the current price if this is today’s price then as you can see the cloud itself projects 2068 26 days beyond today’s candle and so it provides interestingly enough future support and resistance which not a lot of indicators do and so I think that’s pretty cool alright so this was just an introduction but I wanted to strip away all the complicated terminology and just give a brief introduction so that you can pursue further education on your own so if you found this to be helpful please give this video a thumbs up and leave comments also please subscribe to my youtube channel so you can receive the latest updates on my financial educational videos and if you’d like some help with indicators or stocks options or just putting together a trading or investing plan you can email me at any time my email address is David Modell @ gmail.com thank you so much for watching and listening and I’ll talk to you again soon you

65 Comments

  • Ray Janus

    April 5, 2017

    One of the clearest, simplest overviews of the Ichimoku cloud trading system that I have seen, using this for close to a year successfully, for swing trading in the major indices.

    Reply
  • Narayana Rao

    April 5, 2017

    There can't be a further simpler explanation this.Voice & presentation are excellent

    Reply
  • Narayana Rao

    April 5, 2017

    There can't be a further simpler explanation than this.Voice & presentation are excellent

    Reply
  • Michael

    April 6, 2017

    Nice Video David, Are you going to make a follow-up video on how to read and use the Ichimoku cloud to pickup possible signals?

    Reply
  • Jamael Nettles

    July 17, 2017

    This was the best fucking video I've seen so far! (Sorry for the language. I'm just super excited and grateful!) I learned more in this short video than I did watching 3 one hour long videos! Thanks so much. I'm going to watch all your videos now.

    Reply
  • Neeraj

    July 21, 2017

    thanks very much, great explanation.
    could u please tell what indicators should we use for intra day trading?

    Reply
  • Fatih

    July 25, 2017

    Such a nice explanation. Very brief yet very helpful. However I still have some questions. I would appretiate if you could answer them.
    1- What is the main purpose of lagging chart? Why do we need it?
    2- What do support and resistance levels in future exactly mean? In your example the support level in 26 days is very near to present price. What does it mean for me?

    Reply
  • photobox Photobooth

    August 1, 2017

    Now I understand! 🙂 Thank you David!

    Reply
  • MrOmej

    August 9, 2017

    So if the cloud projects support and resistance levels 26 days ahead of the current price does that mean that when looking at a chart on the hourly, the cloud will project 26 hours ahead of the current price?

    Reply
  • Robin Mutingwende

    August 11, 2017

    Great presentation,so easy to understand

    Reply
  • Jw Donerson

    August 16, 2017

    you're awesome, saved me 1hour of my life

    Reply
  • Dominic Isaiah

    August 27, 2017

    Very good and simple. Had the run around trying to figure this out. Thank you 🙂

    Reply
  • Sound Theory

    August 29, 2017

    Thanks a lot man, finally was able to find an easy enough explanation for this indicator. Awesome job!

    Reply
  • Mabal Immob

    October 27, 2017

    Thanks for the explanation, very nice indeed. I will email you as soon as possible. Thanks once more and have a nice day.

    Reply
  • Sarvothama Kini

    November 1, 2017

    Which is the best time frame to use for intraday trading using ichimoku clouds.. Pls suggest

    Reply
  • Mike

    November 18, 2017

    I enjoy the entrance. Make me want to dance. Then all serious next.

    Reply
  • Bart

    December 8, 2017

    Its awesome video, the best explanation Ichimoku I ever seen and I watched plenty of them. Sometimes "experts" focusing on Japanese names instead of essence like you did. TX a lot !

    Reply
  • jared enriquez

    December 15, 2017

    Nice video. Now i somehow get it

    Reply
  • Todd Gun

    December 15, 2017

    David your simplification is great. I agree with your assessment on most youtubers attempt to explain the cloud. I just recently started research on trading and TA. You are absolutely right. It was complex. Most people uses the original Japanese terminology. Personally I simplified it to T-line,B-line, S-A, S-B and L. So much easier.

    Reply
  • Richard Dodd

    December 20, 2017

    Great video – thanks – just a question when looking at the cloud. Is this the 1st signal you look at or just an indication of the strength of the change. In you example you give the "buy" signal when the price breaks out above the cloud, but at this point the cloud is still red. By the time the cloud turns Green 70% of the price increase has already occurred.

    Reply
  • SemiCondiment

    December 24, 2017

    This was so straightforward and to the point. Thank you!

    Reply
  • Tradingis Fun

    December 26, 2017

    Great Video

    Reply
  • Joan Jimenez

    January 4, 2018

    Still the best and clearest explanation. Thanks David!

    Reply
  • Keith Hosman

    January 6, 2018

    Amazing. I watched several other videos on this – and each time found myself having to decipher what the heck they were saying, as if I was translating a new-to-me language in my head. Thanks for the plain speak – I learned more here in five minutes than I did in an hour's worth of the other vids.

    Reply
  • Marco Tamayo

    January 20, 2018

    Thanks man, your style of teach is fucking awesome

    Reply
  • I'm Flying

    January 22, 2018

    thank you!

    Reply
  • Can You Help Me?

    January 29, 2018

    Beautiful! Short and sweet!!!!!!!!

    Reply
  • Juni Teng

    January 29, 2018

    Great concise and nice voice !

    Reply
  • Pop Up Homes

    February 4, 2018

    Thank you for the video, You have broken it down well and made it really easy to understand, I wish there was more short Videos like this for RSi and Stoch and Channels

    Reply
  • Pop Up Homes

    February 4, 2018

    Are you best to look at this on the Hrly as the signal is very different depending on the time frame?

    Reply
  • junfan11

    February 17, 2018

    extremely basic & simple Thanks!!!!!

    Reply
  • jeremy jocson

    February 19, 2018

    thank you for a simple explanation of Ichimoku clouds. All the other videos on YouTube are full of jargon, which may be helpful for the more seasoned investors, but for those learning this is perfect. Thank you! Subscribed!

    Reply
  • Jose Cuervo

    February 25, 2018

    A+.

    Reply
  • Sean McBride

    February 25, 2018

    Very clear David. Much appreciated. I watched another video previously that was so complicated. This was great.

    Reply
  • Balazs Bohonyi

    March 20, 2018

    Thanks David… Very educational… Just tested this with the current prices of Ethereum 🙂

    Reply
  • Oscar Rivera

    April 4, 2018

    wow! I've been looking for a video on Ichimoku this easy to understand and now I've found it…. thx!

    Reply
  • Sunil Dahiya

    April 8, 2018

    Wasted a lot of my time watching other videos re Ichimoku cloud and yes all of them were so complicated. I wish i could find this video earlier. Thank you so much for helping us out. Thank you so much David.

    Reply
  • murlikris62

    April 21, 2018

    Kool , so much clarity in your understanding and sharing it with the Traders/ Investors

    Reply
  • Himalayan

    April 28, 2018

    awesome!!

    Reply
  • Ivenes Braam

    May 31, 2018

    Thank you so much ! very clear explanation!!! best untill now.

    Reply
  • Sunday School Dropout

    June 2, 2018

    Thank you 😊

    Reply
  • dracoe

    July 13, 2018

    Thanks David. Your explanation is very straightforward and practical.

    Reply
  • Colton Brummel

    July 17, 2018

    Splendid design, wonderful video!

    Reply
  • Ahmedillion

    August 1, 2018

    Think of making a Udemy lesson about this but with more in depth over time. Dont be reluctant to use the japanese names in lesson 2.
    Then do applications in advanced lessons. U can get a good money for this. U already doing it for free 😄

    Reply
  • Jeng Alicante

    August 3, 2018

    Thanks. So simple . More power.

    Reply
  • the future

    August 6, 2018

    This is the best so far in clear terms and precise

    Reply
  • Reiven Clyde Heartlock

    August 24, 2018

    This is nice! Thanks!

    Reply
  • Donnie Reid

    September 14, 2018

    Damn good video. Ichimoku is intimidating.

    Reply
  • James Hangout

    September 21, 2018

    Thanks

    Reply
  • PRAKASH AR

    October 3, 2018

    Excellent video, David. Thumbs UP..!!

    Reply
  • Jose Ponce

    October 7, 2018

    Exellent video.easy to follow thaks.

    Reply
  • Bhau Kharde

    October 14, 2018

    Very useful Sir

    Reply
  • Adam B.

    October 18, 2018

    Thank you.

    Reply
  • Judith Abadilla

    November 22, 2018

    Great.. 😘😘😘

    Reply
  • Bingo Boy

    November 30, 2018

    Thanks David. I just had a lightbulb moment for this indicator because of your very good video.

    Reply
  • tadlee

    February 20, 2019

    Thanks for the simplicity

    Reply
  • Wendy Owen

    March 15, 2019

    Thanks for the simple explanation

    Reply
  • syco546

    March 29, 2019

    Ichimoku is very powerful! Nice video!

    Reply
  • Tony Savarese

    April 4, 2019

    Exactly what I needed
    basic
    to the point
    Enough to grasp it

    My only complaint is I wish you had another video to the next level
    explaining the different the span lines
    but thank you 👍

    Reply
  • martin ettenes

    April 25, 2019

    I totally agree with all the expressions mentioned = I think you are the best. Thanks David …

    Reply
  • Eduardo Rico

    May 12, 2019

    most excellent job

    Reply
  • Karolina Borkowski

    June 12, 2019

    Very simple to understand. Thanks so much!! Looks like a useful indicator!!!

    Reply
  • hamid moeeni

    June 18, 2019

    your Video was so useful and simple. Thank you

    Reply
  • Cyn City

    July 8, 2019

    awesome video and explanation! SUBSCRIBED!!!!

    Reply
  • Royal

    October 18, 2019

    where is the girl in the thumbnail? XD hahahah… i will trade my way up

    Reply

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