24th January 2019 contacttf
The Chikou span is the lagging indicator component of the Ichimoku Kinko Hyo candlestick trading model. The Chikou is a line of the most recent price action, but it is plotted 26 trading periods into the past. Chikou spans are designed to allow traders to visualize the relationship between current and prior trends.

The EURCHF was stopped out before I could post my entry on the social sites.

I made the wrong move again, trying to go long.

I did not wait for RSI (Pink) to tighten up. The line was floating mid range.

The price had a steep decline recently, so should have expected a slow change in direction.

On the daily chart, this line is the mid point of the 52 day high-low range,  which is a little less than 3 months. The default calculation setting is  52 periods, but can be adjusted. This value is plotted 26 periods in the future


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