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In this brief forex trading course video, knowledgeable investor and well-regarded author, Manesh Patel explains the forex market for the week ahead applying latest market conditions to demonstrate some of the essentials of the Ichimoku Kinko Hyo support and resistance method. Following the same methods that are explained in his fx trading lab, Manesh employs helpful and current informative chart examples to illustrate how to enter and exit your currency trades.

[youtube:byh4oYXtb4k?fs=1;[link:Forex Trading With Ichimoku Kinko Hyo];http://www.youtube.com/watch?v=byh4oYXtb4k?fs=1&feature=related]

Ichimoku Kinko Hyo is a technical based method that shows you in a powerful manner support and resistance areas in a simplified form and is thought of as an extra feature of the widely recognized candlestick charting system. Actually, this approach was developed with the idea that at “one glance” you should be in a position to easily determine whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).

Day Trading Forex with Ichimoku 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 special educational video will discuss the 5 main indicators of this trend based system. No other indicators are needed with Ichimoku for the reason that the system is 100% complete. The indicators are noted below:

Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)

Using all five of these indicators, an investor can easily view what has happened in the past, what is currently happening, and what may happen in the future for the instrument that is being analyzed.

Your video presenter, Manesh Patel, is a professional trader with the Affinity Trading Group, experienced in the Ichimoku Trading Technique and has authored what is already being considered as a best-selling book on Ichimoku, “Trading With Ichimoku Clouds.” Mr Patel graduated with a Masters Degree in Engineering. But, his love has been trading the markets. A passion, that became his new career in 1996 and he now is a full time trader trading for a living. Manesh not only teaches the art of currency trading but also actively trades all asset classes except for bonds.

Affinity Trading is an educational proprietary trading firm helping individual traders learn day trader methods and techniques. They educate and empower professional traders on the art of online trading.

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