Friday, November 25, 2011
USDJPY 22 November 2011 Ichimoku Trading (Continued) Initiated another position
This is continued from a post made earlier.
1. Had already established a long position in USDJPY earlier before the tenkan-sen cutting above the jikun-sen.
2. Add on another position when the tenkan-sen cut above the jikun-sen.
Note: The chikou span had already cut above the tenkan-sen twice and was about to cut above the jikun-sen when about to establish the second position.
Will hold on to see how it turns out.