This was the fourth trade of the day, and it was not good.
Prices had been choppy.
Went short the EURUSD again after the stopped out.
Short after, was stopped out again, probably due to stop hunting.
Nevertheless, follow the plan.
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.
Sunday, July 17, 2011
EURUSD 15 July 2011 Trade 4
This was the fourth trade of the day, and it was not good.
Prices had been choppy.
Went short the EURUSD again after the stopped out.
Short after, was stopped out again, probably due to stop hunting.
Nevertheless, follow the plan.
Saturday, July 16, 2011
EURUSD 15 Jul 2011 Trade 3
Did not manage to short the EUR when the market turned down. However, went into short position as the price retrace back to the cloud. The position was held shortly. Eventually closed out the position when the price traded above the Kumo cloud.
Friday, July 15, 2011
EURUSD 15 July 2011 Trade 2
As mentioned in the earlier post, which I got stopped out from the short position, I re-entered the trade with a short position again after the price sharply came down as seen from chart 1.
The second chart showed the closing of position subsequently as the price moved lower. All positions were subseqently closed out @ 1.4121.
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