Thursday, November 29, 2012
EURUSD Ichimoku Strategy since 21-Nov-2012 #2
This is an update from previous post.
Ichimoku Technical
After the earlier up move above the kumo cloud, price action retraced back to near the jikun-sen, now above the tenkan-sen. The thick kumo cloud ahead provides the support to keep the price level up. All ichimoku trading signals give a good uptrend momentum.
Ichimoku Trading Strategy
Continue to see opportunity to establish long positions when price action retrace to tenkan-sen or jikun-sen. Stop loss level to be below cloud.
Labels:
Forex,
Fx,
ichimoku,
ichimoku trading,
singapore,
singapore forex trading,
strategy,
trader,
trading
Location:
Singapore
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