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.

Friday, 6 May 2011

GBP/JPY Analysis 2011-05-06

New suggestion for tonight. As the GJ reject the reversal, believe GJ will continue bearish. For those who count the Elliott wave, Wave 5 maybe completed. a-b-c corrective pattern may also completed.

Trade Idea : Enter sell stop with SL. Apply own money management.

Happy trading.

Forex Ichimoku Trading Strategy

Friday, 6 May 2011

GBP/JPY Analysis 2011-05-06

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