Trading Ichimoku

I can’t remember where I have gotten these Ichimoku notes.

It was in my little black book for trading. I will be glad to acknowledge the source if anyone can point me in the right direction.

1. If price traverse the Kijun sen, this gives the indication of a directional change.

2. If price travel too far from Kijun sen

• suggest overbought or oversold

• look for consolidation and/or correction

3. If the Chikou Span traverses price, this is an advance indication that direction may be changing

• start looking for the key level

4. If price travel too far from Kijun sen on the chart

• look at the chart directly in front of it (chart of different timeframe)
• have a stop in place to take profit

5. A realistic stop is determined by placing the stop at a level where if traversed, it has neglected the prevailing sentiment.