With this currency trading quick video, skilled trader and renowned publisher, Manesh Patel shows currency trading for the week forward making use of existing market situations to show a few 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, Manesh utilizes beneficial and current informative chart illustrations to illustrate how to enter and exit your currency trades.
Ichimoku Kinko Hyo (Pronounced: Ichiii…Mooooo…Kuuuu) is a technical based system that graphically illustrates resistance and support levels in an easy to view form and is thought of as an extension of the very popular candlestick charting system. In truth, this technique was built on the idea that at “one glance” you will be able to easily determine whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).
Daytrading Fx with Ichimoku is a style of trading that will revolutionize and change how you approach, analyze and trade the currency market and other markets as well such as the stock market. This unique educational video will demonstrate the five main indicators of this trend based system. You will not need to use any other indicators with Ichimoku for the reason that 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 witness what has occurred in the past, what is currently occurring, and what may occur in the future for the instrument that they are about to trade.
Your teacher, Manesh Patel, is a professional trader with the Affinity Trading Group, an expert in the Ichimoku Trading Method and has written what is already being dubbed as a bestselling book on Ichimoku, “Trading With Ichimoku Clouds.” Mr Patel graduated with a Masters Degree in Engineering. However, his interest has always been trading. A interest, that in 1996 became his career and he now is a full time trader trading for a living. Manesh not only instructs the art of currency trading but also currently trades all trading instruments except for bonds.
Affinity Trading provides day trader education for those seeking to become professional Day Traders. Visit their site for more information about their prop trading programs.