Tuesday, November 4, 2014

USDJPY long term Ichimoku Best Forex Trading Strategy 09-Oct-2014 #02

Image: Oanda


Date: 09-Oct-2014

Entry: Sell Market 107.55; Sell Market 106.89

Reason for Trade/Setup: 

The main reason for the trade set up was price action itself was below the kumo cloud. Did not choose to wait for the chikou span to go below the kumo low.

Initial Stop: 109.50, Shifted to 109.00., Shifted to 108.50

Initial Target: 101.55


Add on another position, with price action remaining below the kumo cloud but above both tenkan-sen and kijun-sen.


Outcome: Price action traded upward.

Exit: Exit with loss at 108.50

Profit/Loss: -95 pips -161 pips


Price action turns bullish after stopping out, especially the chikou span crossing over the kumo cloud.


  1. I would like to suggest that you pick the most recommended Forex broker - eToro.

  2. ForexTrendy is a state of the art software capable of determining the most reliable continuation chart patterns. It scans through all the forex pairs, on all time frames and analyzes every potential breakout.

  3. Trading in the CFD market is a complicated affair as it involves usage of speculation and strategies. It is, therefore, necessary to be associated with a trading platform that excels in providing diversity and helpful tools. FXB Trading has the best available trading platforms in the market.

  4. Quantum Binary Signals

    Professional trading signals delivered to your mobile phone daily.

    Start following our trades NOW and gain up to 270% per day.

  5. Imagine if you had a robot with 6 years authenticated proof?

    I just got done with a webinar with Mark and his partner, Antony, two days ago and it was GREAT.

    During the webinar MARK and ANTONY shared their secrets to success and answered questions about their new version of the GPS Forex Robot that IS COMING OUT TODAY!

  6. technical-analysis is a trading tool employed to evaluate securities and provides accurate forecasts which are prepared by expert technical analysts.