Thursday, October 23, 2014

EURUSD Intra-day Ichimoku Best Short Term Forex Trading Strategy 22-Oct-2014























Image: Oanda


TRADE

Date: 22-Oct-2014

Entry: Sell Stop 1.26850 

Reason for Trade/Setup: 

Ichimoku charting was showing bearish and a short signal. Placed a sell top below recent low at 12685.

Initial Stop: 1.27250

Initial Target: 1.25650

INTERMEDIATE COMMENT

1.2650 may be a good level to exit, but we never know.

RESULT

Outcome: Price action moved slowly downward.

Exit: @ 1.2661 (Time to Sleep)

Profit/Loss: +24 pips

THOUGHTS

NA.

2 comments:

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