Image: Oanda
TRADE
Date: 22-Sep-2014
Entry: Sell Stop 1.2835,
Reason for Trade/Setup:
The price action had crossed below the ichomoku cloud earlier, however, chikou span had not. When the price action moved back to the cloud, placed a sell stop below the recent low. Chikou span was just above to crossed below the kumo cloud. Could have waited awhile more but decided to take a bit of risk for the early entry
Initial Stop: 1.2865
Initial Target: 1.2745
INTERMEDIATE COMMENT
N.A
RESULT
Outcome: Price action came lower. However, market was not moving a lot. Decided to exit for the night..
Exit: Closed out market.
Profit/Loss: +6 pips
THOUGHTS
N.A
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