Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by...
Transcript of Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by...
![Page 1: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/1.jpg)
David Linton MFTAChief Executive Officer, Updata
Cloud ChartsIdentifying trend changes in global markets
MTA – Annual Symposium 2011
Updata Inc.27th Floor, 1325 Avenue of the AmericasNew York, NY 10019
![Page 2: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/2.jpg)
• Construction – Understanding• Using with other techniques• Multiple Time Frames• What the ‘clouds’ tell us now
Cloud Charts
![Page 3: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/3.jpg)
My Background
• Founded Updata in 1991 in the UK• Developed by experienced TAs• Cloud Charts Book published 2010• Teach Ichimoku Module at UK STA• IFTA Paper on Optimization of Stoplosses
Market Professionals in over 40 countries rely on Updata Professional
Against: Bloomberg, CQG, eSignal, Metastock, Tradestation, Trading Technologies
![Page 4: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/4.jpg)
ConstructionKey Elements
![Page 5: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/5.jpg)
Cloud Chart History1750s – Munehisa Homma - Candlesticks1880s – Charles Dow – Dow theory1930s – Goichi Hosoda – Ichimoku development1940s – Edwards and Magee 1960s – Hosoda publishes book on Ichimoku1980s – IFTA – East meets West (SoCal 1984)1990s – Hidenobu Sasaki publishes book2000s – IFTA Conference Madrid – Rick Bensignor
![Page 6: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/6.jpg)
Ichimoku Kinko Hyo - Definitions• translates from Japanese into English as "one look.“• a glance at equilibrium prices• analyses the mid-points of historical highs and lows• are trend following indicators• can be used in a way similar to moving averages• allows for wider support and resistance zones• decreases the risk of trading false breakouts• conveys a great deal of information
on trend existence, direction, support and resistance
![Page 7: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/7.jpg)
Cloud elements - Japanese
Chart 1-2
![Page 8: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/8.jpg)
Cloud elements - English
Chart 8-1
![Page 9: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/9.jpg)
Cloud Chart Construction1. Turning Line (conversion line) – 9 bar midpoint
2. Standard Line (base line) – 26 bar midpoint
3. Cloud Span A (Span 1) – midpoints of lines 1&2, shifted forward 26 bars
4. Cloud Span B (Span 2) – 52 bar midpoint, shifted forward 26 bars
5. Lagging Line (lagging span) – price shifted back 26 bars
9 – 26 - 52
![Page 10: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/10.jpg)
Line Construction
Chart 8-3
![Page 11: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/11.jpg)
Lines 1&2 v Moving Averages
Chart 8-6
![Page 12: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/12.jpg)
Cloud Span A
Chart 8-7
![Page 13: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/13.jpg)
Cloud Span B
Chart 8-8
![Page 14: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/14.jpg)
Cloud Spans v Moving Averages
Chart 8-9
![Page 15: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/15.jpg)
Lagging Line
Chart 8-12
![Page 16: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/16.jpg)
Lagging Line and Cloud Span B
Chart 8-13
![Page 17: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/17.jpg)
Interpreting Cloud Charts
Chart 9-1
![Page 18: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/18.jpg)
Price interacting with Cloud
Chart 9-3
![Page 19: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/19.jpg)
Bullish and Bearish Zones
Chart 9-4
![Page 20: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/20.jpg)
Trend change
Chart 9-5
![Page 21: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/21.jpg)
Cloud Thickness
Chart 9-8
![Page 22: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/22.jpg)
Lagging Line and the Cloud
Chart 9-11
![Page 23: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/23.jpg)
Lagging Line and Whipsaws
Chart 9-12
![Page 24: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/24.jpg)
Later but Safer
Chart 9-14
![Page 25: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/25.jpg)
Dealing with temporary breaches
Chart 9-15
![Page 26: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/26.jpg)
Turning and Standard Lines
Chart 9-20
![Page 27: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/27.jpg)
Clouds are a Roadmap
Chart 9-22
![Page 28: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/28.jpg)
Cloud Charts in Sideways markets
Chart 9-23
![Page 29: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/29.jpg)
Why do Cloud Charts work?
Figure 9-1
![Page 30: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/30.jpg)
Using Clouds with other
Techniques
![Page 31: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/31.jpg)
Candles and Clouds
Chart 6-9 *
![Page 32: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/32.jpg)
With Oscillators – Sideways Markets
![Page 33: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/33.jpg)
With Oscillators – Trending Markets
![Page 34: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/34.jpg)
P&F Trend changes often agree
![Page 35: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/35.jpg)
P&F Price Targets often concur
![Page 36: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/36.jpg)
Price and Time projection
Chart 11-7
![Page 37: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/37.jpg)
Clouds and Fibonacci Retracements
![Page 38: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/38.jpg)
Cloud Chart of Gold P&F
![Page 39: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/39.jpg)
Use small intra-day box sizes
![Page 40: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/40.jpg)
Clouds on Seasonality
![Page 41: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/41.jpg)
Clouds with CandleVolume
![Page 42: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/42.jpg)
Clouds of Relative Strength Charts
![Page 43: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/43.jpg)
Can you Optimise 9, 26 and 52?
Chart 13-2
![Page 44: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/44.jpg)
Extending the Cloud
Chart 13-5
![Page 45: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/45.jpg)
Cloud Width
Chart 13-8
![Page 46: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/46.jpg)
Distance from Lagging Line
Chart 13-17
![Page 47: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/47.jpg)
Cloud (LL) Bullish Percent
Chart 15-7
![Page 48: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/48.jpg)
Cloud BPC price and lagging line
Chart 15-8
![Page 49: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/49.jpg)
Scanning for cloud crosses
Appendix 1
![Page 50: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/50.jpg)
Multiple Time Frames
![Page 51: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/51.jpg)
Uptrend or Downtrend?
![Page 52: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/52.jpg)
Uptrend or Downtrend?
Chart 10-3
![Page 53: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/53.jpg)
Multiple Time Frame Analysis
Figure 10-2
![Page 54: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/54.jpg)
What’s your Time Horizon?
Figure 10-3
![Page 55: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/55.jpg)
Changing time frames
Chart 11-8
![Page 56: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/56.jpg)
Intra-day charts
Chart 11-9
![Page 57: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/57.jpg)
S&P 500 - Medium & Long Term
![Page 58: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/58.jpg)
And Short Term
![Page 59: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/59.jpg)
Have you Back-tested it?
Chart 14-2
![Page 60: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/60.jpg)
Using a Signal Delay
Chart 14-5 *
![Page 61: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/61.jpg)
Optimising for the shorter term
Chart 14-9
![Page 62: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/62.jpg)
Taking the longer term into account
Chart 14-10
![Page 63: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/63.jpg)
Signal delay and weekly cloud filter
Chart 14-11
![Page 64: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/64.jpg)
Backtest Results Cloud CrossesMarch 2010
S&P 500 stocks – 5 years index down 7.5%
Using a signal delay 0-5 days33% profit overall – 60% of stocks profitable
Taking the weekly trend into account + signal delay79% profit overall – 86% of stocks profitable
![Page 65: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/65.jpg)
So what do the Clouds
tell us now?
![Page 66: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/66.jpg)
US Stockmarket Ultra Long Term
78 Quarters = 19½ years
![Page 67: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/67.jpg)
S&P 500 Index – Very Long Term
![Page 68: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/68.jpg)
S&P 500 Index – Long Term
![Page 69: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/69.jpg)
S&P 500 - Medium & Long Term
![Page 70: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/70.jpg)
S&P 500 Index - Short Term
![Page 71: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/71.jpg)
S&P500 Index – Ultra Short Term
![Page 72: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/72.jpg)
Use with P&F Price Targets
![Page 73: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/73.jpg)
Nasdaq – Long Term
![Page 74: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/74.jpg)
Brazil - Bovespa
![Page 75: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/75.jpg)
BSE – Sensex (India)
![Page 76: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/76.jpg)
Oil – Medium & Long Term
![Page 77: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/77.jpg)
Oil medium term pullback
![Page 78: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/78.jpg)
Oil – Short Term Picture
![Page 79: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/79.jpg)
US Nat Gas
![Page 80: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/80.jpg)
Gold – Long Term
![Page 81: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/81.jpg)
Gold – Medium Term
![Page 82: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/82.jpg)
Gold Short Term
![Page 83: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/83.jpg)
Silver – Short & Medium Term
![Page 84: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/84.jpg)
Copper – Medium Term
![Page 85: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/85.jpg)
US Dollar – Long Term
![Page 86: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/86.jpg)
Eurodollar – Medium Term
![Page 87: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/87.jpg)
US Bond Yield trend ending?
![Page 88: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/88.jpg)
And the 10 Year?
![Page 89: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/89.jpg)
S&P 500 Index – Weekly Crosses
Bullish Crosses - Bottoms Bearish Crosses - Tops
![Page 90: Cloud Charts - CMT Association Background • Founded Updata in 1991 in the UK • Developed by experienced TAs • Cloud Charts Book published 2010 • Teach Ichimoku Module at UK](https://reader034.fdocument.pub/reader034/viewer/2022051321/5ad2867a7f8b9a665f8c8485/html5/thumbnails/90.jpg)
David Linton MFTAChief Executive Officer, Updata
Good Luck!The Clouds should help you be luckier
Updata Inc.27th Floor, 1325 Avenue of the AmericasNew York, NY 10019