Japanese trade system

Japanese Trading Systems.

In 1991 the western world discovered Japanese Candlesticks and it changed the way technical analysis is done. But candlesticks are not the only secret Japanese traders have held. Ichimoku Cloud charts are the next iteration of Japanese analysis tools and they are making many trading desks a lot of money.

Discover the hidden secrets of Japanese trend trading. Unlock the long term view that candlesticks can not predict. Identify internal support & resistance levels you may not have seen lurking. Confirm a trend is in the clear or under the cloud.

Class Breakdown.

Candlestick trading has been a staple of technical traders for more than 20 years now, but relatively little has been written about or is known about the next iteration of Japanese trading - Ichimoku cloud charts. This system of trading was developed to compliment Candlesticks and make them more powerful for trend trading. Ichimoku Cloud charts are the Japanese answer to identifying trend line support & resistance, recognizing when a larger level of trend is reversing, Identifying continuation price points, and recognizing when consolidation should occur.

Ichimoku Charts are a completely different way of looking at and analyzing market data. Much like the candlesticks that preceded them, cloud charts are very picturesque. The name “Ichimoku Kinko Hyo” actually means “at a glance”. And when properly interpreted, a glance is all you need when looking at these charts.

In this 4-class series traders will learn how to construct the Ichimoku charts, as well as the key interpretation signals, the trading system that works with the clouds, and how to apply these signals to their individual trades. Ichimoku charts are an absolute must for anyone trading Forex or international markets, and they are a great additional for anyone wanting a different way to interpret stock charts for basic stock or option trades.

History of Japanese Charting Candlesticks meet the clouds Intro to cloud charts How to build a cloud chart.

Reading the cloud charts Key trading signal Interpreting the cloud chart data Buy/sell signals & setting stops.

Testing & proving the system Trading Signal Checklist Walking through the analysis Observations on interpretation.

Strategies for candles and clouds Applying to Forex Option trades with the clouds Multiple Time frame application.

Japanese Trading Systems.

Includes 4 Core Classes All on-going breakout sessions All recordings Notebooks for every class and breakout.

Letter from Jeremy.

Dear Future Cloud Trader,

As most of you know, I have been trading now for the better part of two decades. I placed my first trade in 1999 while I was still in college and I have continued to be a student of the market ever since. I have read literally hundreds of books on the subject of trading and it is rare to find something that is new to peak my interest.

However, just a couple of years ago I discovered something that indeed did peak my interest and I am now excited to share this discovery with you.

As the story goes, I was on a plane to Los Angeles California to meet with John Bollinger, the creator of Bollinger bands. I went to hear him teach on the subject and also spend some time getting to know him better and his trading systems. On my way out the door I just grabbed a couple books off the shelf to read on the plane.

One of the books I grabbed was on the subject of Ichimoku Clouds. As I started reading I truly could not put the book down. This was a fascinating new way of looking at market data, one I had never seen. Ironically the techniques have been around for decades. But they had only been used in Japanese trading houses with little interest from western traders. By the time I got to LA it was like I almost didn’t care anymore about learning more about Bollinger Bands, I was immersed in my new found charting technique.

I spent the weekend learning more about Bollinger Bands, and at night in my hotel room I spent my time testing the Ichimoku Clouds. By the time I returned home I certainly had discovered some powerful new trade analysis secrets!

It has been two years since I first learned of Ichimoku Clouds. I believe in the clouds as a system and I know that any trader who applies them will get some signals that their trading competition simply does not get.

I am very excited to present this new program on Japanese Trading Systems where we will combine our traditional candlestick signals with Ichimoku Cloud signals. I encourage you to take the classes and discover yet another angle on how the Japanese culture approaches technical analysis. I am certain once you see the clouds you will be as hypnotized as I was two years ago when I first started to learn about them.

I look forward to seeing you in class, and as always,

Watch These Class Previews.

Meet The Ichimoku Clouds.

How Ichimoku Defines Support.

Hear From Our Students.

Butch Bubeck.

Dori McCall.

Karen and Thom Rufo.

© 2017 TradeSmart University , a division of Financial Puzzle Inc., All Rights Reserved. DISCLAIMER: The information presented on this website and through TradeSmart University, providing stock market trading classes and option trading education programs, is for educational purposes and is not intended to be a recommendation for any specific investment. All stock market trading classes, options trading education, and courses are examples and references and are intended for such purposes of education. The risk of loss trading securities, futures, forex, and options can be substantial. Individuals must consider all relevant risk factors including their own personal financial situation before trading. Options trading involves risk and is not suitable for all investors. It is the official position of TradeSmart University to encourage all students to learn to trade in a virtual, simulated trading environment where no risk may be incurred. Students and individuals are solely responsible for any live trades placed in their own personal accounts. TradeSmart University, it's teachers and affiliates, are in no way responsible for individual loss due to poor trading decisions, poorly executed trades, or any other individual actions which may lead to loss of funds.

The New York Times.

July 6, 2017.

BRUSSELS — The European Union and Japan announced a broad agreement on Thursday that would lower barriers on virtually all the goods traded between them, a pointed challenge to President Trump on the eve of a summit meeting of world leaders in Germany.

Though the deal still needs further negotiation and approval before it can take effect, it represents an act of geopolitical theater, a day before a Group of 20 summit meeting begins in Hamburg. At a meeting of G-20 finance ministers in March, Steven Mnuchin, the United States Treasury secretary, pointedly declined to endorse a statement in favor of free trade.

“Although some are saying that the time of isolationism and disintegration is coming again, we are demonstrating that this is not the case,” Donald Tusk, the president of the European Council, said at a news conference in Brussels. “The world really doesn’t need to go a hundred years back in time. Quite the opposite.”

Prime Minister Shinzo Abe of Japan said the deal signified the creation of “the world’s largest free, advanced, industrialized economic zone.”

Here’s what you need to know about the deal:

What’s in the deal?

The core of the agreement aims to increase the flow of Japanese cars to Europe and of European food to Japan.

The Europeans are expected to scrap a 10 percent tariff on passenger cars made in Japan, over a period of seven years. Duties would come down more rapidly for some car components.

Those are key concessions: The Japanese automotive giants Toyota and Honda have claimed a smaller market share in Europe than in other major markets like the United States.

Europe could still reimpose restrictions if there was a “very big increase as compared to normal” of imported Japanese cars, Cecilia Malmstrom, the European trade commissioner, told reporters later Thursday. She did not say, however, what specific level would cause that kind of reaction.

The Japanese, in return, are expected to lower duties on European cheeses like Gouda from the Netherlands, while retaining their unusually complex regulations on dairy products.

Tokyo is also likely to make it easier for European companies to bid for major government contracts, a move that could benefit train makers like Siemens of Germany and Alstom of France.

Accompanying the trade deal is a separate partnership agreement in which both sides pledge greater cooperation on issues like cybercrime and climate protection.

Interactive Feature | The G-20 Met This Weekend. How’s Your Summit Knowledge? The Group of 20 summit meeting took place in the German city of Hamburg. What is the G-20, and what happens when its members meet? See how much you know.

What’s been left out?

Negotiators have refused to include whaling and logging in the talks, which has angered environmental groups — Greenpeace has characterized the deal as “a huge transfer of power from people to big business.”

Ms. Malmstrom responded this week by saying organizations like Greenpeace would be opposed to “any trade agreement,” ostensibly a criticism of the group’s stance against trade liberalization.

On Wednesday, Ms. Malmstrom posed with the Japanese foreign minister, Fumio Kishida, holding daruma dolls, a symbol of perseverance.

Painting eyes on symbolic daruma dolls to mark agmnt at Ministers' level on #EUJapan trade deal, in prep for summit t. co/0RHRXBZlfv pic. twitter/L7tQe8hdNA.

Even without rules on whales and wood, the deal is the biggest bilateral trade agreement ever struck by the European Union, covering about a quarter of the global economy.

Together, the European Union and Japan would constitute a trading bloc of a size to rival that created by the North American Free Trade Agreement, presently the world’s biggest free trade zone (and one that Mr. Trump wants to renegotiate).

So it’s all done?

Not quite. The biggest issue that has not yet been agreed on is how to ensure that investors have a way to resolve disputes arising as a result of the deal.

The Europeans want to employ a court system rather than ad hoc arbitration, which has been used for decades but has been heavily criticized by European lawmakers and environmental groups as being too soft on industry interests.

The Japanese, however, argue that existing institutions are enough.

European negotiators have also failed to persuade the Japanese to accept guarantees on freer flows of data. Both sides say they want to make progress on the issue by early next year.

What happens now?

Negotiations have been proceeding for years, but were accelerated after Mr. Trump abandoned the Trans-Pacific Partnership, a wide-ranging trade agreement with Pacific Rim countries that had Japan at its core.

The new deal was a clear sign that other parts of the world will continue to pursue a liberalizing trade agenda, even without the United States.

European and Japanese officials now expect the talks to be completed within months.

In June, the Japanese Parliament passed a law that aims to address some of its dairy industry protections, which may make it easier to wrap up negotiations.

The main concern, however, is the ratification process in Europe.

A landmark trade deal with Canada nearly came unstuck last year when Wallonia, a region of Belgium, withheld its approval until its concerns were dealt with by the country’s political leaders.

What would happen if the Walloons — or another region or country — were to balk this time? European officials did not have an answer to that this week.

Follow James Kanter on Twitter jameskanter.

Jonathan Soble contributed reporting from Tokyo.

Related Coverage.

More In Economy.

Europe’s Central Bank, Lagging Behind Counterparts, Faces Eventful 2018.

With the central banks of the United States and Britain raising rates, the E. C.B. turns its attention to the year ahead and how fast it should roll back stimulus.

Under the accord, if ratified, 20,000 wireless employees would get better pay and job protection, and the company would bring work back from overseas.

House and Senate negotiators reached an agreement on a final bill, and are on track to send it to President Trump by Christmas.

The New York Times.

July 6, 2017.

BRUSSELS — The European Union and Japan announced a broad agreement on Thursday that would lower barriers on virtually all the goods traded between them, a pointed challenge to President Trump on the eve of a summit meeting of world leaders in Germany.

Though the deal still needs further negotiation and approval before it can take effect, it represents an act of geopolitical theater, a day before a Group of 20 summit meeting begins in Hamburg. At a meeting of G-20 finance ministers in March, Steven Mnuchin, the United States Treasury secretary, pointedly declined to endorse a statement in favor of free trade.

“Although some are saying that the time of isolationism and disintegration is coming again, we are demonstrating that this is not the case,” Donald Tusk, the president of the European Council, said at a news conference in Brussels. “The world really doesn’t need to go a hundred years back in time. Quite the opposite.”

Prime Minister Shinzo Abe of Japan said the deal signified the creation of “the world’s largest free, advanced, industrialized economic zone.”

Here’s what you need to know about the deal:

What’s in the deal?

The core of the agreement aims to increase the flow of Japanese cars to Europe and of European food to Japan.

The Europeans are expected to scrap a 10 percent tariff on passenger cars made in Japan, over a period of seven years. Duties would come down more rapidly for some car components.

Those are key concessions: The Japanese automotive giants Toyota and Honda have claimed a smaller market share in Europe than in other major markets like the United States.

Europe could still reimpose restrictions if there was a “very big increase as compared to normal” of imported Japanese cars, Cecilia Malmstrom, the European trade commissioner, told reporters later Thursday. She did not say, however, what specific level would cause that kind of reaction.

The Japanese, in return, are expected to lower duties on European cheeses like Gouda from the Netherlands, while retaining their unusually complex regulations on dairy products.

Tokyo is also likely to make it easier for European companies to bid for major government contracts, a move that could benefit train makers like Siemens of Germany and Alstom of France.

Accompanying the trade deal is a separate partnership agreement in which both sides pledge greater cooperation on issues like cybercrime and climate protection.

Interactive Feature | The G-20 Met This Weekend. How’s Your Summit Knowledge? The Group of 20 summit meeting took place in the German city of Hamburg. What is the G-20, and what happens when its members meet? See how much you know.

What’s been left out?

Negotiators have refused to include whaling and logging in the talks, which has angered environmental groups — Greenpeace has characterized the deal as “a huge transfer of power from people to big business.”

Ms. Malmstrom responded this week by saying organizations like Greenpeace would be opposed to “any trade agreement,” ostensibly a criticism of the group’s stance against trade liberalization.

On Wednesday, Ms. Malmstrom posed with the Japanese foreign minister, Fumio Kishida, holding daruma dolls, a symbol of perseverance.

Painting eyes on symbolic daruma dolls to mark agmnt at Ministers' level on #EUJapan trade deal, in prep for summit t. co/0RHRXBZlfv pic. twitter/L7tQe8hdNA.

Even without rules on whales and wood, the deal is the biggest bilateral trade agreement ever struck by the European Union, covering about a quarter of the global economy.

Together, the European Union and Japan would constitute a trading bloc of a size to rival that created by the North American Free Trade Agreement, presently the world’s biggest free trade zone (and one that Mr. Trump wants to renegotiate).

So it’s all done?

Not quite. The biggest issue that has not yet been agreed on is how to ensure that investors have a way to resolve disputes arising as a result of the deal.

The Europeans want to employ a court system rather than ad hoc arbitration, which has been used for decades but has been heavily criticized by European lawmakers and environmental groups as being too soft on industry interests.

The Japanese, however, argue that existing institutions are enough.

European negotiators have also failed to persuade the Japanese to accept guarantees on freer flows of data. Both sides say they want to make progress on the issue by early next year.

What happens now?

Negotiations have been proceeding for years, but were accelerated after Mr. Trump abandoned the Trans-Pacific Partnership, a wide-ranging trade agreement with Pacific Rim countries that had Japan at its core.

The new deal was a clear sign that other parts of the world will continue to pursue a liberalizing trade agenda, even without the United States.

European and Japanese officials now expect the talks to be completed within months.

In June, the Japanese Parliament passed a law that aims to address some of its dairy industry protections, which may make it easier to wrap up negotiations.

The main concern, however, is the ratification process in Europe.

A landmark trade deal with Canada nearly came unstuck last year when Wallonia, a region of Belgium, withheld its approval until its concerns were dealt with by the country’s political leaders.

What would happen if the Walloons — or another region or country — were to balk this time? European officials did not have an answer to that this week.

Follow James Kanter on Twitter jameskanter.

Jonathan Soble contributed reporting from Tokyo.

Related Coverage.

More In Economy.

Europe’s Central Bank, Lagging Behind Counterparts, Faces Eventful 2018.

With the central banks of the United States and Britain raising rates, the E. C.B. turns its attention to the year ahead and how fast it should roll back stimulus.

Under the accord, if ratified, 20,000 wireless employees would get better pay and job protection, and the company would bring work back from overseas.

House and Senate negotiators reached an agreement on a final bill, and are on track to send it to President Trump by Christmas.

JP-2:Japanese Voluntary Emissions Trading Scheme (JVETS)

Policy Description.

The Japanese Voluntary Emissions Trading Scheme (JVETS) was introduced in September 2005 by the Ministry of Environment Japan (MOEJ) to support greenhouse gas emissions (GHG) reduction activities by Japanese companies that are not included under the Keidanren Voluntary Action Plan (VAP). JVETS is a voluntary cap-and-trade system, which has recently concluded its fourth phase (period 2008-2010).

Description.

The Japanese Voluntary Emissions Trading Scheme (JVETS) was introduced in September 2005 by the Ministry of Environment Japan (MOEJ) to support greenhouse gas emissions (GHG) reduction activities by Japanese companies that are not included under the VAP [1], [3]. JVETS is a voluntary cap-and-trade system, which has recently concluded its fourth phase (period 2008-2010).

The total number of participants in the four phases was about 250, of which 80 adopted a target. During the 5th Phase about 80 participants with targets remain (*3). The participants adopt absolute emissions reduction targets (rather than intensity-based) and receive emission allowances - Japanese Emission Allowances (JPAs)- from the government corresponding to the level of emissions in the year of compliance (*2). The issued allowances can be traded and used for compliance. CDM credits, known as j-CERs under the scheme can also be used without limit, but not as the primary means of achieving the pledged targets. Banking is allowed under the scheme, while borrowing is not.

The so-called Competent Authority Committee under the Ministry of Environment manages the JVETS. The Committee drafts guidelines, approves submitted monitoring plans and verification reports, and evaluates verifiers’ achievements.

One third of the cost of GHG emission reduction measures is subsidized by government as an incentive. However, subsidies are no longer available since April 2009. In case of non-compliance, the subsidy must be returned to the government.

A nation-wide domestic cap-and-trade emission trading scheme has been proposed in 2009 (after several years of discussion), which builds on the experience gained in the JVETS. This mandatory system is however strongly opposed by Japanese stakeholders and in December 2010 the government officially postponed the plans for a national emissions trading scheme.

Policy Information Expand this section for information on the key features of the policy, such as its date of introduction, categorization, main objective(s) and linkages with other policies.

Policy Categorisation.

Policy Instrument Type: Economic, Emissions Trading.

Position in the Pyramid.

Participation: Mandatory.

Start Date: 2005.

Policy Linkages.

Agencies Responsible.

Ministry of Environment.

Competent Authority Committee.

Primary Objective: GHG Emissions.

To gain experience for a future comprehensive domestic emission trading scheme for large emitters [2]:

Target Group.

Nonferrous metal industry, machine and other manufacturing, ceramic, steel, chemical, paper and pulp, textile, food and drink and some non-industrial sectors. Only companies from these sectors that do not participate under the VAP are covered by JVETS [3]

Driver of energy consumption or emissions affected by policy: Total GHG emissions.

Implementation Information Expand this section for information on targets, monitoring, verification and enforcement regimes, and implementation requirements and tools.

Companies that do not participate in the Kaidanren VAP, currently about 80 participants.

Quantitative Target? yes.

Target: Different absolute GHG target for each participant, unilaterally decided [2]

Time Period: Annual commitment periods.

Progress Monitored? yes.

Verification Required? yes.

Enforced? yes.

Sanctions: In case of non-compliance, the received subsidy of energy efficiency measures must be paid back. Names of firms that fail to meet their target are made public.

Requirements on the Target Group.

Monitoring and reporting (i. e. Annual emission report), which follows ISO 14064/14065 guidelines; Combined with compliance report at the end of the period ; Surrendering sufficient allowances to cover emissions.

Support by Government.

• Cost for monitoring and verification will be paid by MOE; • One third of the cost of GHG emission reduction measures is subsidized by government as an incentive. In case of non-compliance, the subsidy must be returned to the government.

Implementation Toolbox.

The most important tools providing support to the implementation of this policy are: Methodologies for allocation of emission allowances in the emission trading system; • Monitoring and reporting guidelines, • Emissions verification guidelines; • Standard transaction contracts, and the IT-system for emissions trading (including the registry). See jvets. jp (Japanese only).

Complexity of Implementation.

Government.

The trading scheme was innovative and required much effort from the government in developing the system, regulation and guidelines for reporting, monitoring and verification.

Target Group.

Although the scheme was new to the target group, the extensive guidance provided by government supported the implementation by the target group. Targets were unilaterally set.

Impacts, Costs & Benefits Expand this section to find information on policy effectiveness and efficiency.

References & Footnotes.

References.

[1] Japan's Voluntary Emissions Trading Scheme(J-VETS) et. chikyukankyo/English/index2005.html.

[2] Institute for Global Environmental Strategies (IGES), Japanese Voluntary Emissions Trading Scheme (JVETS): iges. or. jp/en/cp/pdf/activity06/07.pdf.

[3] Ministry of the Environment, Japan, Japan’s Voluntary Emissions Trading Scheme (JVETS): env. go. jp/en/earth/ets/jvets090319.pdf.

[4] Kyoto University, JVETS: wupperinst. org/uploads/tx_wiprojekt/ikkatai1_03.pdf.

[5] Leggett, J., Greenhouse Gas Control Policies in Japan, Feb 2010: eoearth. org/article/Greenhouse_Gas_Control_Policies_in_Japan.

[6] Junko Edahiro, [Newsletter] Tokyo Metropolitan Government Leads Japan, Launches Own GHG Emissions Cap-and-Trade Program, JFS Newsletter No.94 (June 2010) : japanfs. org/en/mailmagazine/newsletter/pages/030080.html.

[7] Statement of Japan's National Strategy Minister, Koichiro Gemba. December 28, 2010.

(*1) JVETS is now in its fifth phase: Phase 1 (FY06 or Fiscal Year 2006), Phase 2 (FY07), Phase 3 (FY08,) Phase 4 (FY09), Phase 5 (FY10)

(*2) • Base year emissions: an average of the actual emissions over the past three years e. g. 4 million t-CO2 p. a. for the 150 participants; • Emissions reduction commitment: voluntarily pledged by the participants e. g. 0.7 million t-CO2 p. a.; • Annual emissions reduction commitment against the base year: 17% less.

(*3) also non-target participants can participate in JVETS, including traders and sellers.