This Week In Currency Trading Using Ichimoku Analysis


by Melvin Astor


On this video presentation, knowledgeable investor and prestigious author, Manesh Patel explains the foreign exchange market for the week forward employing current market situations to show some of the essentials of the Ichimoku Kinko Hyo support and resistance system. Following the same strategies which are taught to his forex traders, he employs enlightening and recent informative chart examples to display how an Ichimoku forex trader would base their entries and exits.

Ichimoku Kinko Hyo is a technical trend based system that powerfully illustrates support and resistance lines in an easy to view form and is looked upon as an extension of the very popular candlestick charting system. The fact is, this system was created based on the idea that at "one glance" you ought to be able to easily detect whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).

Day Trading Currency with this style is a revolutionary approach to investing that will change the way you look at and trade the forex market and also other markets (Stocks, Futures and Commodities). This unique educational video will instruct the 5 primary indicators of this trend based strategy. You will not need to use any other indicators with this technique for the reason that it is a 100% complete program for trading. The indicators are noted below:

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 instrument that they are about to trade.

Your teacher, Manesh Patel, is a professional proprietary trader with the Affinity Trading Group, an expert in the Ichimoku Trading Technique and has developed what is already being talked about as a bestselling guide on this strategy, "Trading With Ichimoku Clouds." Mr Patel graduated with a Masters Degree in Engineering. However, his interest has always been in the markets. A passion, that became his new career in 1996 and he now is a full time trader trading for a living. He not only teaches the art of forex trading but also actively trades all asset classes except for bonds.




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