This Week In Forex Trading Using Ichimoku Analysis
With this forex trading quick video, professional trader and esteemed publisher, Manesh Patel shows 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 taught to his forex traders, Manesh uses informative and recent educational chart examples to display how an Ichimoku forex trader would base their entries and exits.
[youtube:a3nFmijMXck?fs=1;[link:Day Trading Forex With Ichimoku];http://www.youtube.com/watch?v=a3nFmijMXck?fs=1&feature=related]
Ichimoku Kinko Hyo (Pronounced: Ichiii…Mooooo…Kuuuu) is a technical based system that shows you in a powerful manner resistance and support levels in an easy to view manner and is thought of as an extension of the widely recognized candlestick charting system. In fact, this system was created based 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 Ichimoku 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 instruct the 5 main indicators of the Ichimoku system. No other indicators are needed with Ichimoku because the system is 100% complete. Below are the indicators:
Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)
By using those 5 indicators, a trader can witness what has occurred in the past, what is currently occurring, and what may occur in the future for the Vehicle that is being analyzed.
Your video presenter, Manesh Patel, is a professional trader with the Affinity Trading Group, experienced in the Ichimoku Trading System and has published what is already being considered as a bestselling book on Ichimoku, “Trading With Ichimoku Clouds.” Mr Patel graduated with a Masters Degree in Engineering. However, his love has always been trading. A love, which in 1996 took over as his new career and he now trades for a living as a full time trader. Manesh not only instructs the art of forex trading but also is active in the markets and trades all asset classes except for bonds.
Focusing on both the forex and stock markets, Affinity provides day trading education with a niche focus on scalp trading. In addition to scalp trading courses, Affinity also offers a swing trader program. Visit the website today for more info.
