Tuesday, December 13, 2011

EURUSD 13 December 2011 Ichimoku Trading Strategy















Not a good trading day...

1. Tenkan sen below kijun sen and both below the kumo cloud. Chikou sen also trading below 26 period low. Placed a stop in order below the price, triggered subsequently.

2. Stop loss was shifted lower when tenkan-sen come in-line with kijun sen. Price penetrated upwards hitting stop loss.

Called it a day. Fed meeting later, probably price will be choppy...

No comments:

Post a Comment