Image: Oanda
TRADE
Date: 04-Sep-2014
Currency: NZDJPY
Entry: Buy Market 87.49
Reason for Trade/Setup:
A very typical bullish view from ichimoku chart indicators, with tenkan-sen above kijun-sen, and both above the ichimoku cloud. Chikou span had also crossed over the kumo cloud and the forward cloud remained bullish. A Buy Market with stop loss below the ichimoku cloud.
Initial Stop: 86.60
Initial Target: 90.25
INTERMEDIATE COMMENT
Price activity has moved higher, continued to see bullish cloud ahead. Stop loss level adjusted to a higher level.
RESULT
Outcome: NA
Exit: NA.
Profit/Loss: NA
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