Last post for the year. This is an update to the EURUSD positions established since 21 November 2012. The last post was made on 14 December after adding another position when tenkan sen cut above the jikun-sen.
The very first position was established on 21 November, when price action penetrated into the kumo cloud, with chikou span cutting above jikun sen.
Continued to established more positions as price action keep trending upwards. After Price itself established as earlier peak on 6 Dec, had took partial profit on the positions established earlier.
Thereafter, established 2 more positions, one when price traded near the kumo cloud top, the other when tenkan sen cut above jikun sen again.
Stop loss level is now adjusted to below the jikun-sen. If stop out, all positions will lock in profit pips as shown.
Once again, merry christmas & happy new year.
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