Ichimoku Trading Strategies NZDUSD 04 Sep 2013 #1

A trade executed few days ago on 04 Sep 2013 for NZDUSD.

At the time when the trade was executed, price action went into the ichimoku cloud from the cloud low. Tenkan-sen cut above the kijun-sen and chikou-span about to cut above the kijun-sen, coupled with a thick forward cloud.

Current price action above the ichimoku cloud, thick, meaning a strong support to the price action above the cloud. It will take more than just news to reverse the price action.

One may consider to add on more position with risk below the cloud lo.

Ichimoku Trading Strategies EURUSD 16 July 2013 #3

This was an update to the existing positions. Unfortunately, price action did a sharp reversal. Stopped out all positions with minimal loss. One and half month wasted.

Ichimoku Trading Strategies USDCHD 16 Jul 2013 #1

Another position trading which took time to see it gains.

First established the position when price action penetrated below the ichimoku cloud on 16-Jul-2013. The chikou span cut below the tenkan sen and kijun-sen, however, not yet below the ichimoku cloud lo. Survive the spike in price action on 15 Aug 2013.

The forward cloud remains thin, and resistance to the price activity remains a concern. The encouraging part is the tenkan-sen, kijun-sen and chikou-span are now below the cloud.

Singapore Forex Trader.