With this forex trading course quick 15 minute video, professional trader and esteemed author, Manesh Patel discusses you the basics of the Ichimoku trend based forex trading system. Darawing upon the same strategies that are explained in his forex trading lab, Manesh uses informative and educational chart examples to display how an Ichimoku Forex Trader would base their entries and exits.
Ichimoku Kinko Hyo (Pronounced: Ichiii…Mooooo…Kuuuu) is a thechnical based system that shows you in a powerful manner resistance and support areas in a simplified form and is thought of as an extra feature of the well known candlestick charting system. In fact, this system was built 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 the Ichimoku system is an exciting way to trade the market that it will open your mind and change how you approach forex trading as well as other markets. This special forex education video will teach the 5 important indicators of the Ichimoku system. There is no need for other indicators 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)
When using all 5 of the indicators, a trader can view what has what is happening, what has happened and what could possibly happen for the instrument that they are about to trade.
Your teacher, Manesh Patel, is an instructor and trader with the Affinity Trading Group, a professional in the Ichimoku Trading System and has written what is already being dubbed as a bestselling book on Ichimoku, “Trading With Ichimoku Clouds.” Mr Patel graduated with a Masters Degree in Engineering. However, his passion has always been trading. A interest, which in 1996 took over as his new career and he now trades for a living as a full time trader. Manesh not only teaches the art of forex trading but is also active in the markets and trades all trading instruments except for bonds.
