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.

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