With this forex trading quick 15 minute video, professional trader and esteemed publisher, Manesh Patel shows 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. Drawing upon 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 is a technical based system that shows you in a powerful manner support and resistance levels in an easy to view method and is thought of as an addition of the well known candlestick charting system. In fact, this method was developed with 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 revolutionary approach to trading that will change the way you look at and trade the Forex Market as well as other markets (Stocks, Futures and Commodities). This special forex education video will teach the 5 primary indicators of the Ichimoku system. No other indicators are needed with Ichimoku because the system is 100% complete. The indicators are noted below:
Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)
By using those 5 indicators, a trader can witness what has what is occurring, what has occurred and what may just possibly occur for the Vehicle that is being analyzed.
Your teacher, Manesh Patel, is a professional trader with the Affinity Trading Group, a professional in the Ichimoku Trading System and has written what is already being posted as a bestselling book on Ichimoku, “Trading With Ichimoku Clouds.” Mr Patel graduated with a Masters Degree in Engineering. However, his love has been trading the markets. A love, that in 1996 became his career and he now is a full time trader trading for a living. Manesh not only teaches the art of forex trading but also currently trades all trading instruments except for bonds.
Affinity Trading is best known for their swing, scalp and Day Traders courses. They educate and empower professional traders on the art of online trading for both the currency and stock markets.
