This Week In Currency Trading Using Ichimoku Analysis

By Kathy Lenkowski


In this brief forex trading course video, experienced investor and well-regarded writer, Manesh Patel explains currencies for the week ahead making use of latest market circumstances to demonstrate some of the fundamentals of the Ichimoku Kinko Hyo support and resistance technique. Drawing upon the same approaches that are taught in his 5-Day Fx Lab, Manesh utilizes useful and current educative chart examples to discuss how an Ichimoku fx trader would enter and exit their trades.



Ichimoku Kinko Hyo (Pronounced: Ichiii...Mooooo...Kuuuu) is a technical based technique that demonstrates very clearly resistance and support levels in a simplified form and is looked upon as an addition of the widely known candlestick charting system. In fact, this method was built on the idea that at "one glance" you ought to be in a position to easily detect whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).

Daytrading Forex with the Ichimoku system 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 outline the 5 important indicators of this trend based technique. No other indicators are needed with Ichimoku because the system is 100% complete. The indicators are as follows:

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 view 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 trader with the Affinity Trading Group, an expert in the Ichimoku Trading Technique and has authored what is already being talked about as a best-selling guide on Ichimoku, "Trading With Ichimoku Clouds." Mr Patel graduated with a Masters Degree in Engineering. But, his interest has always been trading. A passion, that in 1996 became his career and he now trades for a living as a full time trader. Manesh not only teaches the art of currency trading but also is active in the markets and trades all asset classes except for bonds.




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