In this brief course video, expert trader and prestigious publisher, Manesh Patel shows the forex market for the week ahead using current market conditions to show a few of the fundamentals of the Ichimoku Kinko Hyo support and resistance technique. Following the same strategies which are taught in his 5-Day Fx Lab, he utilizes helpful and recent educative chart illustrations to illustrate how to enter and exit your currency trades.
Ichimoku Kinko Hyo is a technical based method that demonstrates very clearly resistance and support lines in a simplified manner and is thought of as an add on of the very popular candlestick charting system. Actually, this method was invented on the idea that at "one glance" you ought to be able to easily detect whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).
Day Trading Currency with this system is a style of trading that will revolutionize and change how you approach, analyze as well as trade the currency market as well as other markets (including the stock market. This specialized educational video will instruct the 5 primary indicators of this trend based strategy. There is no need for other indicators with this technique since the system is 100% complete. Here are the indicators:
Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)
Using all five of these indicators, an investor can easily observe what has happened in the past, what is currently happening, and what may happen in the future for the vehicle that will be traded.
Manesh Patel, is an instructor and trader with the Affinity Trading Group, experienced in the Ichimoku Trading System and has created what is already being talked about as a bestselling guide on this approach, "Trading With Ichimoku Clouds." Mr Patel graduated with a Masters Degree in Engineering. But, his interest has always been trading. A love, that became his new career in 1996 and he now is a full time trader trading for a living. He not only instructs the art of currency trading but also is active in the markets and trades all trading instruments except for bonds.
Ichimoku Kinko Hyo is a technical based method that demonstrates very clearly resistance and support lines in a simplified manner and is thought of as an add on of the very popular candlestick charting system. Actually, this method was invented on the idea that at "one glance" you ought to be able to easily detect whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).
Day Trading Currency with this system is a style of trading that will revolutionize and change how you approach, analyze as well as trade the currency market as well as other markets (including the stock market. This specialized educational video will instruct the 5 primary indicators of this trend based strategy. There is no need for other indicators with this technique since the system is 100% complete. Here are the indicators:
Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)
Using all five of these indicators, an investor can easily observe what has happened in the past, what is currently happening, and what may happen in the future for the vehicle that will be traded.
Manesh Patel, is an instructor and trader with the Affinity Trading Group, experienced in the Ichimoku Trading System and has created what is already being talked about as a bestselling guide on this approach, "Trading With Ichimoku Clouds." Mr Patel graduated with a Masters Degree in Engineering. But, his interest has always been trading. A love, that became his new career in 1996 and he now is a full time trader trading for a living. He not only instructs the art of currency trading but also is active in the markets and trades all trading instruments except for bonds.
About the Author:
Affinity Trading provides day trading forex and stock market education for the active stocks and forex trader. They educate and empower professional traders on the art of relative strength trading.
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