With this forex trading quick 15 minute video, expert trader and esteemed writer, Manesh Patel discusses the forex market for the week ahead using current market conditions to demonstrate some of the basics of the Ichimoku Kinko Hyo support and resistance system. Following the same strategies that are explained in his forex trading lab, Manesh uses informative and recent educational chart examples to discuss how an Ichimoku trader would enter and exit their trades.
Ichimoku Kinko Hyo (Pronounced: Ichiii...Mooooo...Kuuuu) is a technical trend based system that shows you in a powerful manner resistance and support levels in an easy to view form and is considered an addition of the well known candlestick charting system. In fact, this method was invented on the idea that at "one glance" you should be able to easily determine whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).
Day Trading Forex with the Ichimoku system is a style of trading that will revolutionize and change how you approach, analyze and trade the currency market and other markets as well such as the stock market. This special forex education video will teach the 5 main indicators of the Ichimoku system. No other indicators are needed with Ichimoku because this system is complete as is. The indicators are as follows:
Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)
When using all 5 of the indicators, a trader can see what has happened, what is happening and what could possibly happen for the Vehicle that they are about to trade.
Manesh Patel, is a trader with the Affinity Trading Group, a professional in the Ichimoku Trading System and has written what is already being talked about as a bestselling book on Ichimoku, "Trading With Ichimoku Clouds." Mr Patel graduated with a Masters Degree in Engineering. However, his passion has been trading the markets. A love, that became his new career in 1996 and he now is a full time trader trading for a living. Manesh not only instructs the art of forex trading but also is active in the markets and trades all asset classes except for bonds.
Ichimoku Kinko Hyo (Pronounced: Ichiii...Mooooo...Kuuuu) is a technical trend based system that shows you in a powerful manner resistance and support levels in an easy to view form and is considered an addition of the well known candlestick charting system. In fact, this method was invented on the idea that at "one glance" you should be able to easily determine whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).
Day Trading Forex with the Ichimoku system is a style of trading that will revolutionize and change how you approach, analyze and trade the currency market and other markets as well such as the stock market. This special forex education video will teach the 5 main indicators of the Ichimoku system. No other indicators are needed with Ichimoku because this system is complete as is. The indicators are as follows:
Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)
When using all 5 of the indicators, a trader can see what has happened, what is happening and what could possibly happen for the Vehicle that they are about to trade.
Manesh Patel, is a trader with the Affinity Trading Group, a professional in the Ichimoku Trading System and has written what is already being talked about as a bestselling book on Ichimoku, "Trading With Ichimoku Clouds." Mr Patel graduated with a Masters Degree in Engineering. However, his passion has been trading the markets. A love, that became his new career in 1996 and he now is a full time trader trading for a living. Manesh not only instructs the art of forex trading but also is active in the markets and trades all asset classes except for bonds.
About the Author:
Affinity is most know for their online day trading courses that range from 2-day online courses to live hands on 5-day trading labs. Attending one of their trading seminars may improve your trading performance and enhance your overall results.
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