In this brief forex trading video, professional trader and esteemed author, Manesh Patel explains 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 illustrate how to enter and exit your forex trades.
Ichimoku Kinko Hyo (Pronounced: Ichiii...Mooooo...Kuuuu) is a technical based system that demonstrates very clearly support and resistance areas in a simplified form and is looked upon as an extension of the widely known candlestick charting system. In fact, this system 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 using Ichimoku Clouds 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 main indicators of the Ichimoku system. No other indicators are needed with Ichimoku because this system is the total package. Below are the indicators:
Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)
In using these five indicators, a trader can see what has happened in the past, what is currently happening, and what may happen in the future for the Vehicle that they are about to trade.
Manesh Patel, is an instructor and trader with the Affinity Trading Group, an expert 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. But, his interest has always been in the markets. A interest, which in 1996 took over as his new career and he now is a full time trader trading for a living. Manesh not only instructs the art of forex trading but also currently trades all trading instruments except for bonds. - 42631
Ichimoku Kinko Hyo (Pronounced: Ichiii...Mooooo...Kuuuu) is a technical based system that demonstrates very clearly support and resistance areas in a simplified form and is looked upon as an extension of the widely known candlestick charting system. In fact, this system 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 using Ichimoku Clouds 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 main indicators of the Ichimoku system. No other indicators are needed with Ichimoku because this system is the total package. Below are the indicators:
Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)
In using these five indicators, a trader can see what has happened in the past, what is currently happening, and what may happen in the future for the Vehicle that they are about to trade.
Manesh Patel, is an instructor and trader with the Affinity Trading Group, an expert 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. But, his interest has always been in the markets. A interest, which in 1996 took over as his new career and he now is a full time trader trading for a living. Manesh not only instructs the art of forex trading but also currently trades all trading instruments except for bonds. - 42631
About the Author:
Focusing on both the forex and stock markets, Affinity provides day trading education with a niche focus on scalp trading. They educate and empower professional traders on the art of online day trading for both the stock and currency markets.
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