Assessing The Fx Markets With Ichimoku Clouds
In this brief course video, knowledgeable investor and well-regarded author, Manesh Patel discusses currency trading for the week forward applying latest market situations to show a few of the basics of the Ichimoku Kinko Hyo support and resistance technique. Using the same practices that are taught in his 5-Day Fx Lab, he employs informative and recent educational chart illustrations to illustrate how to enter and exit your currency trades.
Ichimoku Kinko Hyo is a technical based system that graphically illustrates resistance and support levels in an easy to view manner and is looked upon as an addition of the widely recognized candlestick charting system. Actually, this method was invented on the idea that at "one glance" you should be able to easily evaluate if an instrument is in equilibrium (consolidation) or out of equilibrium (trending).
Day Trading Fx with this style is an exciting way to trade the market that it will certainly open your mind and change the way you approach forex trading as well as other markets. This unique educational video will discuss the 5 central indicators of this trend based system. No other indicators are needed with this method for the reason that this system is complete as is. Below are the indicators:
Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)
When using all 5 of the indicators, a trader can see what has happened, what is happening and what could possibly happen for the vehicle that is being analyzed.
Your teacher, Manesh Patel, is a trader with the Affinity Trading Group, experienced in the Ichimoku Trading Technique and has composed what is already being considered as a best-selling guide on this strategy, "Trading With Ichimoku Clouds." Mr Patel graduated with a Masters Degree in Engineering. But, his love has always been trading. A interest, that in 1996 became his career and he now trades for a living as a full time trader. He not only teaches the art of currency trading but also is active in the markets and trades all trading instruments except for bonds.
Ichimoku Kinko Hyo is a technical based system that graphically illustrates resistance and support levels in an easy to view manner and is looked upon as an addition of the widely recognized candlestick charting system. Actually, this method was invented on the idea that at "one glance" you should be able to easily evaluate if an instrument is in equilibrium (consolidation) or out of equilibrium (trending).
Day Trading Fx with this style is an exciting way to trade the market that it will certainly open your mind and change the way you approach forex trading as well as other markets. This unique educational video will discuss the 5 central indicators of this trend based system. No other indicators are needed with this method for the reason that this system is complete as is. Below are the indicators:
Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)
When using all 5 of the indicators, a trader can see what has happened, what is happening and what could possibly happen for the vehicle that is being analyzed.
Your teacher, Manesh Patel, is a trader with the Affinity Trading Group, experienced in the Ichimoku Trading Technique and has composed what is already being considered as a best-selling guide on this strategy, "Trading With Ichimoku Clouds." Mr Patel graduated with a Masters Degree in Engineering. But, his love has always been trading. A interest, that in 1996 became his career and he now trades for a living as a full time trader. He not only teaches the art of currency trading but also is active in the markets and trades all trading instruments except for bonds.
About the Author:
Affinity Trading provides day trading forex and stock market education for the active stocks and forex trader. Visit their site today for more information about their day trading seminars.