Sunday, March 31, 2013

Ichimoku Trading Strategy: EURUSD forex trading since 09-Feb-2013 #1






















These positions remain open. Just for sharing purpose.

On 9 Feb, decided to establish an aggressive position in EURUSD by going short while price action above the kumo cloud.

It was based on tenkan sen below kijun sen, chikou span on kijun-sen, and price action below kijun-sen, and entry established near the kumo cloud hi.

On 25 Feb, added another short position in EURUSD.

A typical entry, awaiting the chikou span cutting below the kumo cloud lo, and near the kijun-sen.

Price has been trending lower. The kumo cloud ahead is thin. There might not be resistance in the price action, and trend could be choppy going forward.

Singapore Ichimoku Trader



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