Japanese Trading Systems by TradeSmart University is an insightful course designed to introduce traders to the art and science of Japanese trading techniques. This course shines a spotlight on the various tools and methods that have made Japanese traders renowned in the Forex world.
The course begins with a rich history of Japanese trading, providing an understanding of how these age-old techniques have evolved and adapted to modern markets. This foundational knowledge enables students to appreciate the reasons behind these methodologies, enhancing their application in trading.
A key focus of the course is on candlestick charting, a technique that originated in Japan. TradeSmart University’s instructors explore the wide variety of candlestick patterns, explaining their significance, their formations, and their potential implications for future price movements. They highlight how these patterns can provide early signals of trend reversals, thereby offering valuable trading opportunities.
The course also delves into Heikin Ashi charts, another Japanese invention. The module outlines the construction of Heikin Ashi candlesticks and illustrates how they can help filter market noise, identify trends, and spot potential reversals.
One of the distinguishing features of “Japanese Trading Systems” is its focus on Ichimoku Clouds. This versatile tool, albeit intimidating at first, is broken down into its individual components, making it easier to comprehend. The instructors walk students through each element of the Ichimoku system, explaining how to interpret them individually and collectively, and how to utilize them to generate trading signals.
Besides these key Japanese tools, the course also touches upon Renko charts, Kagi charts, and other Japanese trading systems. Each system is explained in detail, with practical demonstrations on how to apply them in real trading situations.
Overall, “Japanese Trading Systems” by TradeSmart University is a comprehensive and detailed course that provides traders with a robust understanding of Japanese trading methodologies. Its focus on practical applications and real-world examples ensures traders can seamlessly incorporate these systems into their own trading strategies, thereby enhancing their trading success.