Friday, October 28, 2011
GBPUSD Daily Oct 2011 Ichimoku Trading
It had been quite some time since I last updated.
As mentioned earlier, I went for an overseas business trip in China, and was occupied with work thereafter.
Nevertheless, have taken a number of positions.
GBPUSD, the trade was initiated on 19 Oct when the price was trading in the ichimoku cloud. The tenkan-sen had already cut above the jikun-sen, and the chikou span is about to cut above the jikun-sen.
In addition to the ichimoku indicators, double bottoms pattern had been formed.
As the price began to moved upwards, had taken another position earlier with reference to Euro-zone debt issues. When the deal was announced later, price moved in favour on the long position of GBP.
Hanging on...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment