Forex Ichimoku Trading Strategy

Ichimoku Kinko Hyo is a purpose-built trend trading charting system that has been successfully used in nearly every tradeable market. It is unique in many ways, but its primary strength is its use of multiple data points to give the trader a deeper, more comprehensive view into price action. This deeper view, and the fact that Ichimoku is a very visual system, enables the trader to quickly discern and filter "at a glance" the low-probability trading setups from those of higher probability.

Sunday, 17 April 2011

GBP/JPY Weekly Analysis

Weekly Chart : GJ moves in range.

Daily Chart : GJ in retracement and hit previous demand and supply zone. GJ may test the zone next week before continue bullish.

4H Chart :GJ start to bearish. GJ is in demand and supply zone.

Trade Idea:
1 - Buy when TS cross KS and GJ close above Kumo.
2- Sell when GJ continue bearish and close below demand line.

Happy trading.

1 comment:

aditi12 December 2016 at 17:32
A very impressive post on forex this is. I always learn about market before I start trading. Forex reports of epic research also helps me in gaining a quick overview.
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Forex Ichimoku Trading Strategy

Sunday, 17 April 2011

GBP/JPY Weekly Analysis

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