New entry for today. GU hit the previous significant Support.
Trade Idea : Put buy limit and SL. Target at recent Resistance.
Updated: Overall chart analysis for reference.
Happy Trading
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.
Monday, 16 May 2011
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I like the overall chart analysis with multiple time frame. Keep up the good job bro.
ReplyDeletegreat blog. I'm learning ichimoku and trying to trade it also! Wish you success!! Looking forward for reading you!
ReplyDeleteLast trade on GU didn't materialize as GU hit my SL. Need to look a new setup this week.
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