How The Forex Trader Trades Using The Ichimoku Trend Based System

by Manesh Patel on September 6, 2010

With this forex trading course quick 15 minute video, experienced trader and esteemed publisher, Manesh Patel shows you the basics of the Ichimoku Kinko Hyo support and resistance system. Drawing upon the same strategies that are taught to his forex traders, Manesh uses informative and educational chart examples to show how Ichimoku helps pinpoint where to enter and exit a trade.

Ichimoku Kinko Hyo (Pronounced: Ichiii…Mooooo…Kuuuu) is a technical trend based system that graphically illustrates support and resistance lines in a simplified manner and is looked upon as an add on of the widely known candlestick charting system. In fact, this method was created based 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 a revolutionary approach to trading that will change the way you look at and trade the Forex Market as well as other markets (Stocks, Futures and Commodities). This special forex education video will teach the five primary indicators of the Ichimoku system. There is no need for other indicators with Ichimoku because this system is complete as is. Below are the indicators:

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 witness what has occurred in the past, what is currently occurring, and what may occur in the future for the instrument that is being analyzed.

Manesh Patel, is a trader with the Affinity Trading Group, experienced in the Ichimoku Trading System and has published what is already being considered as a bestselling book on Ichimoku, “Trading With Ichimoku Clouds.” Mr Patel graduated with a Masters Degree in Engineering. But, his love has always been in the markets. A love, that in 1996 became his career and he now trades for a living as a full time trader. Manesh not only teaches the art of forex trading but also actively trades all asset classes except for bonds.

Manesh is a professional Ichimoku Forex Trader with the Affinity Trading Group. They offer day trading for stocks and day trading forex.

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