Sunday, September 21, 2014

NZDJPY long term Ichimoku Best Forex Trading Strategy 04-Sep-2014- #01



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

2 comments:

  1. Forex Trendy is a sophisticated application capable of determining the most profitable continuation chart patterns. It scans through all the charts, on all time frames and analyzes every possible breakout.

    ReplyDelete