Image: Oanda
TRADE
Date: 15-Oct-2014
Entry: Buy Market 1.2668,
Reason for Trade/Setup:
All ichimoku indicators showed a buy signal, from tenkan sen and kijun-sen above the cloud, and chikou span also above the cloud.
Initial Stop: 1.2630
Initial Target: 1.2790
INTERMEDIATE COMMENT
N.A
RESULT
Outcome: Price action moved upward sharply. Hitting the target level around an hour time.
Exit: Target hit @ 1.2790
Profit/Loss: +122 pips
THOUGHTS
The price action upwards was assisted by the news. On hindsight, could have set a higher target.
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