With this quick video, professional trader and esteemed author, Manesh Patel explains the foreign exchange market for the week forward using latest market circumstances to demonstrate several of the essentials of the Ichimoku Kinko Hyo support and resistance method. Following the same approaches that are provided to his currency trading students, he uses informative and recent educational chart examples to discuss how an Ichimoku fx trader would enter and exit their trades.
Ichimoku Kinko Hyo is a technical based technique that shows you in a powerful manner resistance and support areas in an easy to view method and is considered an extra feature of the very popular candlestick charting system. Actually, this approach 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).
Day Trading Currency with this style is an interesting strategy to trade the market that it will certainly open your mind and change the way you approach forex trading along with other markets. This specialized educational video will outline the 5 main indicators of this trend based strategy. There is no need for other indicators with this strategy since it offers the complete package. Here 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 happened, what is happening and what could possibly happen for the instrument that is being analyzed.
Your video presenter, Manesh Patel, is a professional proprietary trader with the Affinity Trading Group, an expert in the Ichimoku Trading Strategy and has created what is already being posted as a best-selling guide on this method, "Trading With Ichimoku Clouds." Mr Patel graduated with a Masters Degree in Engineering. But, his passion has been trading the markets. A love, that in 1996 became his career and he now is a full time trader trading for a living. He not only instructs the art of forex trading but also is active in the markets and trades all asset classes except for bonds.
Ichimoku Kinko Hyo is a technical based technique that shows you in a powerful manner resistance and support areas in an easy to view method and is considered an extra feature of the very popular candlestick charting system. Actually, this approach 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).
Day Trading Currency with this style is an interesting strategy to trade the market that it will certainly open your mind and change the way you approach forex trading along with other markets. This specialized educational video will outline the 5 main indicators of this trend based strategy. There is no need for other indicators with this strategy since it offers the complete package. Here 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 happened, what is happening and what could possibly happen for the instrument that is being analyzed.
Your video presenter, Manesh Patel, is a professional proprietary trader with the Affinity Trading Group, an expert in the Ichimoku Trading Strategy and has created what is already being posted as a best-selling guide on this method, "Trading With Ichimoku Clouds." Mr Patel graduated with a Masters Degree in Engineering. But, his passion has been trading the markets. A love, that in 1996 became his career and he now is a full time trader trading for a living. He not only instructs the art of forex trading but also is active in the markets and trades all asset classes except for bonds.
About the Author:
Affinity Trading is a proprietary trading firm that specialized in professionally scalping forex as well as stocks. In addition to day trader courses, Affinity also offers position trading education.
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