This Week In Forex Trading Using Ichimoku Analysis
With this quick video, experienced investor and esteemed author, Manesh Patel talks about currencies for the week forward employing existing market situations to show some of the fundamentals of the Ichimoku Kinko Hyo support and resistance system. Using the same tactics that are taught in his 5-Day Fx Lab, he employs useful and recent informative chart illustrations to display how an Ichimoku forex trader would base their entries and exits. [youtube:VIxWpqZzSyY?fs=1;[link:Forex Trading Course With Ichimoku ];http://www.youtube.com/watch?v=VIxWpqZzSyY?fs=1&feature=related]
Ichimoku Kinko Hyo is a technical trend based strategy that demonstrates very clearly support and resistance lines in an easy to view method and is considered an add on of the widely known candlestick charting system. In truth, this technique was created based on the idea that at “one glance” you should be able to easily detect whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).
Day Trading Currency using this method is a style of trading that will transform and alter how you approach, assess and trade the forex market and other markets (including the stock market. This unique educational video will discuss the 5 central indicators of this trend based technique. There is no need for other indicators with this methodology because it is a 100% complete program for trading. 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 observe what has what is occurring, what has occurred and what may just possibly occur for the instrument that is being analyzed.
Manesh Patel, is a professional trader with the Affinity Trading Group, an expert in the Ichimoku Trading Method and has developed what is already being dubbed as a best-selling book on this method, “Trading With Ichimoku Clouds.” Mr Patel graduated with a Masters Degree in Engineering. However, his interest has always been trading. A love, that became his new career in 1996 and he now trades for a living full time. He not only instructs the art of fx trading but also actively trades all trading instruments except for bonds.
Affinity Trading is an educational proprietary trading firm with a course that focuses on ichimoku forex trading. They educate and empower traders how to become a professional scalp trader.






