Monday, September 29, 2014

USDTWD long term Ichimoku Best Forex Trading Strategy 11-Sep-2014- #01






















Image: Oanda


TRADE

Date: 11-Sep-2014

Entry: Buy Market 30.0127 

Reason for Trade/Setup: 

Tenkan-sen had crossed over kijun-sen, and both above the kumo cloud. The forward cloud was bullish but thin, and chikou span had yet crossed above the kumo cloud. Price action itself was above the tenkan-sen. The decision was to buy with stop loss below the ichimoku cloud.

Initial Stop: 29.8500

Initial Target: 30.5000

INTERMEDIATE COMMENT

N.A

RESULT

Outcome: Price action continued its move upward, with support reflected along kijun-sen.

Exit: Exit @ 30.5000

Profit/Loss: +4873 pips

THOUGHTS

N.A

2 comments:

  1. This blog belongs to Bryan with a cybernick Resurrector. He is using Ichimoku Charting actively in his trading. He trades forex on a part time basis as he still hold a full time job as a consultant. Forex Trading

    ReplyDelete
  2. I would recommend that you pick the ultimate Forex broker - eToro.

    ReplyDelete