Thursday, June 7, 2012

NZDUSD Ichimoku Trading Strategy (Long) update

This was continued from the previous post.

Shifted stop loss level to below the cloud.

From the cloud ahead, the support at 0.7560 level is not firm, as reflected by the "thin" cloud.

Will be looking at trading opportunities in terms of price bouncing of the tenkan-sen and chikou span trading above the kumo cloud.


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