On this video presentation, knowledgeable investor and prestigious author, Manesh Patel shows currency trading for the week forward employing current market situations to demonstrate several of the fundamentals 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 informative chart examples to display how an Ichimoku forex trader would base their entries and exits.

Ichimoku Kinko Hyo (Pronounced: Ichiii…Mooooo…Kuuuu) is a technical trend based method that demonstrates very clearly resistance and support areas in a simplified manner and is looked upon as an addition of the widely recognized candlestick charting system. In fact, this method was invented on the idea that at “one glance” you will be able to easily see whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).

Daytrading Currency with this style is a groundbreaking approach to investing that will change the way you look at and trade currencies as well as other markets (Stocks, Futures and Commodities). This specialized educational video will instruct the 5 main indicators of this trend based technique. No other indicators are needed with this technique since this system is complete as is. 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, a trader can 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 teacher, Manesh Patel, is a professional trader with the Affinity Trading Group, an expert in the Ichimoku Trading Technique and has composed what is already being posted as a best-selling book on this approach, “Trading With Ichimoku Clouds.” Mr Patel graduated with a Masters Degree in Engineering. However, his passion has always been in the markets. A love, which in 1996 took over as his new 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.

Affinity Trading is a proprietary trading firm with education for the active stock and forex trader. Affinity makes available the sterling trader pro platform for their traders.