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.

Tuesday, 31 May 2011

EUR/USD Analysis 2011-05-31

EU already making +137 pips from last week long entry. Believe bullish to continue riding the wave. To those who entered many lots can lock some profit and let the rest continue to make profit or breakeven.