In this brief forex trading video, expert trader and esteemed publisher, 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. Drawing upon the same strategies that are taught to his forex traders, Manesh uses informative and recent educational chart examples to illustrate how to enter and exit your forex trades.
Ichimoku Kinko Hyo is a technical trend based system that graphically illustrates support and resistance levels in a simplified method and is thought of as an extension of the very popular candlestick charting system. In fact, this method was built 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 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 explain the 5 primary indicators of the Ichimoku system. No other indicators are needed with Ichimoku because this system is the total package. The indicators are noted below:
Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)
Using all five of these indicators, a trader can see what has happened in the past, what is currently happening, and what may happen in the future for the instrument 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 considered as a bestselling book on Ichimoku, "Trading With Ichimoku Clouds." Mr Patel graduated with a Masters Degree in Engineering. But, his interest has been trading the markets. A passion, that became his new career in 1996 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. - 42569
Ichimoku Kinko Hyo is a technical trend based system that graphically illustrates support and resistance levels in a simplified method and is thought of as an extension of the very popular candlestick charting system. In fact, this method was built 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 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 explain the 5 primary indicators of the Ichimoku system. No other indicators are needed with Ichimoku because this system is the total package. The indicators are noted below:
Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)
Using all five of these indicators, a trader can see what has happened in the past, what is currently happening, and what may happen in the future for the instrument 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 considered as a bestselling book on Ichimoku, "Trading With Ichimoku Clouds." Mr Patel graduated with a Masters Degree in Engineering. But, his interest has been trading the markets. A passion, that became his new career in 1996 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. - 42569
About the Author:
Affinity Trading provides stocks and forex education for those seeking to become a professional Day Trader. In addition to day trading courses, Affinity also offers a high frequency trading program. Visit the website today for more info.
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