Currency Trading For Dummies

Forex Trading With The Ichimoku Kinko Hyo Indicator

In this brief 15 minute forex trading course video, professional trader and esteemed publisher, Manesh Patel shows you the basics of the Ichimoku trend based forex trading system. Following the same strategies that are explained in his forex trading lab, Manesh uses informative and educational chart examples to show how Ichimoku helps the Forex Trader pinpoint where to enter and exit a trade.

Ichimoku Kinko Hyo is a thechnical based system that graphically illustrates resistance and support levels in an easy to view method 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 Ichimoku 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 five central indicators of the Ichimoku system. You will not need to use any other indicators with Ichimoku because this system is complete as is. Here are the indicators:

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

Using all five of these indicators, a trader can witness what has what is happening, what has happened and what could possibly happen for the instrument that will be traded.

Your video presenter, Manesh Patel, is a professional trader with the Affinity Trading Group, an expert in the Ichimoku Trading System and has published what is already being dubbed as a bestselling book on Ichimoku, “Trading With Ichimoku Clouds.” Mr Patel graduated with a Masters Degree in Engineering. But, his passion has been trading the markets. A love, that became his new career in 1996 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.

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