Saturday, October 29, 2011

NZDUSD Daily October 2011 Ichimoku Trading
















Taken another position on NZDUSD.

Price had been trading upwards.

As usual, the tenkan-sen cut above the jikun-sen while below the kumo cloud. Another important signal was the chikou-sen about to cut above the jikun-sen, it would be idea if it cut above the cloud.

The price moved into the cloud and about to trade above the cloud.

Placed a stop-in order and it was triggered on the day itself.

Will hold the position and see how the trade turns out.

No comments:

Post a Comment