Tuesday, June 12, 2012
EURUSD Ichimoku Trading Strategy (Short)
A signal came in the morning.
Technically, this was a very early signal. Price penetrated below the jikun-sen, and in the kumo cloud.
Another stop in order was placed to add more short positions should the price traded further downwards in the kumo cloud.
Kumo cloud represents support and resistance. When price entered into the cloud, it meant price has reach to uncertainty status.
In this case, I favor the short.
ciao.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment