Friday, November 16, 2012

GBPJPY Ichimoku Trading Strategy Short on 08-Nov-2012 #02

























This is an update to previous post established for GBPJPY

As can see from the ichimoku chart, price accelerated downward after establishing the position. Unfortunately, there was no strength in the sell down due to monetary policy with the Japan Government. Fundamental came into play.

Position was stopped eventually.


1 comment:

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