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
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
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