Friday, September 12, 2014

EURUSD Intra-day Ichimoku Best Forex Trading Strategy 11-Sep-2014

Image: Oanda


Date: 11-Sep-2014

Entry: Buy Market 1.2920, Buy Stop 1.2935

Reason for Trade/Setup: 

The first trade was a buy market. It was taken because all the ichimoku chart indicators point to buy/bullish. Tenkan-sen above kijun-sen, both above the ichimoku cloud. Chikou span also crossed above the ichimoku cloud again after drifting into the cloud earlier.The forward cloud was also reflecting bullishness. Price itself also above the Tenkan sen, and reflecting new high in the recent moves.

The second trade was of similar ichimoku trade set up, addition to it was the reference of the most recent high as an entry level.

Initial Stop: 1.2900, 1.2905

Initial Target: 1.3020, 1.3025


Outcome: Choppy. There was not much movement for the night. 

Exit: Time to sleep.

Profit/Loss: +21 +6


  1. Forex trading is open 24 hours a day and therefore you need to ensure that the forex broker that you choose operates at all times of the day. 

    Dealing With Your Losses

  2. Not only forex their are also other mean of earning exist. Stock trading also gives good profit with less loss bearing. Many brokers provide Stock tips, MCX TIPS

  3. Forex Trendy is an innovative program capable of detecting the most reliable continuation chart patterns. It scans through all the forex pairs, on all time frames and analyzes every prospective breakout.

  4. We have a wide range of Live and Demo trading accounts for you to choose from. Our range of Live trading accounts include Cent, Basic, Standard, VIP and Exclusive account-types.