Free Edition Copyright © 2022 by Forex Kei All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law. For permission requests, write to the publisher, addressed “Attention: Permissions Coordinator,” at the address below. contact.forexkei@gmail.com Visit my official webpage for further information. www.forex-kei.com 2 Table of Contents 1. What is Kyushu Ashi 2. How Kyushu Ashi is formed 3. Applying Kyushu Ashi in trading 4. Kyushu Ashi with Kihon Suchi market cycle -- Below chapters are for Ichimoku Community Members -- 5. The concept of Kyushu Ashi vs Ichimoku five lines 6. B pattern and Y pattern to capture potential new trend 7. Combining Kyushu Ashi with Ichimoku analysis 8 Comment from Kei 3 1. What is Kyushu Ashi Kyushu Ashi is the concept that was introduced in Ichimoku Kinko Hyo Weekly book. Kyu means 9, Shu means Week, and Ashi means Candles in Japanese. So as the name suggests, it is a technique to analyze market by 9 weeks as 1 candlestick. The Kyushu Ashi consists of a close price level of current week and open price level of 9 weeks back. Hence, just like normal candlesticks, Kyushu Ashi also has bull candle and bear candle but without wicks unlike regular candlesticks. The greatest feature about Kyushu Ashi is that it is simple and easy to draw. Nowadays we have PC and it made very easy to check charts with Ichimoku 5 lines, however, back when Ichimoku Kinko Hyo was introduced, the charts and graphs were all hand written. Therefore, there were traders who were not able to keep track on the key market levels (start, close, high, low, and Ichimoku 5 values) everyday on multiple markets. From this reason Kyushu Ashi technique was introduced as Goichi Hosoda mentions in his original book by checking the close price of the market once a week and create charts with Kihon Suchi concept (9 is one of the Kihon Suchi numbers). In other words Kyushu Ashi is a simplified Ichimoku Kinko Hyo. But please remember what Goichi Hosoda says about this in a front page of Ichimoku Kinko Hyo Weekly book. “The essence of Ichimoku Kinko Hyo is introduced in Ichimoku Kinko Hyo Complete book. Therefore, basically you should focus on the information in the Complete book whenever and whatever markets you watch. The pros of Weekly Kinko Hyo may be to be able to win profits without doubts, thoughts, and much efforts. But it can be harmful for your success before mastering what’s written in Ichimoku Complete book.” (Ichimoku Kinko Hyo Complete introduces Ichimoku 5 lines and 3 major theories) Kyushu Ashi is a simple strategy. And yet he warns to focus on the basics without putting too much weight on this strategy. 4 2. How Kyushu Ashi is formed Kyushu Ashi consists of a close price of a current candlestick and a start price of 9 candles in the past. Please refer to below diagram for bearish and bullish Kyushu Ashi. <Bearish Kyushu Ashi> Start price shifted 9 candles to the future Kyushu Ashi Current close price < Bullish Kyushu Ashi > Current close price Kyushu Ashi Start price shifted 9 candles to the future 5 Now, let’s compare a weekly candlestick chart and weekly Kyushu Ashi chart. Weekly chart by candlesticks Weekly chart by Kyushu Ashi 6 Once you overlay the Kyushu Ashi on candlesticks, you know how they are formed (Sorry there is a slight misalignment but I hope you get the idea). Candlesticks and Kyushu Ashi overlayed 7 3. Applying Kyushu Ashi in trading As the Kyushu Ashi takes start price of 9 candles back, you can plot them to the future before the market forms. Below diagram shows the start price of future Kyushu Ashi by yellow lines. Please make sure that it’s the 9 candles including current forming candlestick. And as the next candle close is confirmed, you know whether it becomes bullish Kyushu Ashi or Bearish Kyushu Ashi. Please check below diagram. Close above will become bullish Kyushu Ashi Close below will become bearish Kyushu Ashi 8 And below is what happened to the market afterwards. From the left, 1 bearish Kyushu Ashi, 3 bullish Kyushu Ashi, 1 bearish Kyushu Ashi, and 3 bullish Kyushu Ashi are formed. Therefore it shows bullish trend overall. Ichimoku 5 lines also show that the market is bullish. 9 4. Kyushu Ashi with Kihon Suchi market cycle Kyushu Ashi also respects Kihon Suchi numbers in time cycle. Below is the Kyushu Ashi chart and you can see that the bullish/bearish Kyushu Ashi is reversing in Kihon Suchi numbers. 16 9 17 17 Kyushu Ashi with Kihon Suchi time cycle also suggests the next potential Henka-Bi on weekly chart. Kyushu Ashi also works on monthly chart. 10 Free version up to here The rest of chapters and videos on each chapter are available to Ichimoku community members. Books and Perks: - Ichimoku Basic Master book Ichimoku Basic Theories book Kyushu Ashi book Weekly Membership Livestream Closed Discord Group Ichimoku Custom Indicators My Ichimoku Analysis for Members Only Ichimoku Original Book Review … and more Click below links for more information: - Access to Kei’s Ichimoku Community Webpage - How to join Kei’s Ichimoku Community 11 Join Global Trading School (GTS) and master Keiʼs Trading Strategy Global Trading School is where I teach my own strategy, including - Chart screening in time efficient manner - Which market to trade - When to enter and exit - Where to put SL - How to take profits effectively - How to manage risk management - How to deal with your own psychology - And what to know to become a full time trader etc If you would like to know more about the course, please check below link. Access to Global Trading School (GTS) Webpage 12
