GJ continue downtrend. Refer chart on Daily analysis. GJ already below Kumo which mean bearish in control.
Trade Idea : Only look for short entry. Ride the wave as already in short position. Wait for retracement for new short entry.
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.
Friday, 17 June 2011
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