Ichimoku Kinko Hyo: Keunikan dan Penerapannya dalam Strategi Perdagangan Valuta Asing (Studi Kasus pada Pergerakan USD/JPY dan EUR/USD)

Authors

  • Yoyo Cahyadi Bina Nusantara University

DOI:

https://doi.org/10.21512/bbr.v3i1.1336

Keywords:

Ichimoku Kinko Hyo, technical analysis, foreign exchange

Abstract

Ichimoku Kinko Hyo is a technical analysis tool that can be used to predict the movement of a currency. Ichimoku Kinko Hyo has five components or indicators, they are Tenkan Sen (or Conversion Line), Kijun Sen (or Base Line), Chikou Span (or Lagging Span), Senkou Span A and Senkou Span B. This paper discusses the application of Ichimoku Kinko Hyo in predicting the movement of USD/JPY and EUR/USD. Daily and hourly chart have been used to conduct the analysis. The observation shows that Ichimoku Kinko Hyo relatively easier to be applied in daily chart. Ichimoku Kinko Hyo can give a prediction whether a currency pair will move in a trend or consolidation.

Dimensions

Plum Analytics

Author Biography

Yoyo Cahyadi, Bina Nusantara University

Jurusan Akuntansi dan Keuangan

References

Elliot, N. (2007). Ichimoku chart: An introduction to ichimoku kinko clouds. Cambridge: Hariman

House.

Patel, M. (2010). Trading with ichimoku clouds: The essential guide to ichimoku kinko hyo technical

analysis. New Jersey: John Wiley & Sons.

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Published

2012-05-31
Abstract 1216  .
PDF downloaded 1574  .