CADJPY Ichimoku Trading Forex Strategy 24-Aug-2015 1-1 Review

Image: Oanda

TRADE

Entry Date: 19-AUG-2015

Entry: Sell LIMIT @ 0.9465

Reason for Trade/Setup:

On 17-Aug-2015, Examine the ichimoku charting and price action. Opportunity arose, tenkan sen below kijun sen, turning below the kumo cloud. Chikou span also present a signal to go below the cloud. Placed a sell limit order below previous low.

Initial Stop: 0.9610

Initial Target: 0.9200

INTERMEDIATE COMMENT

N.A

RESULT

Exit at Target level +265 pips

THOUGHTS

CADJPY moved lower due to strength in JPY. May have be better.

kuraudotrader

USDCHF Ichimoku Trading Forex Strategy 28-Jul-2015 1-5 update

Image: Oanda


TRADE

Entry Date: 28-JUL-2015

Entry: Long MKT @ 0.9649

Entry Date: 30-JUL-2015

Entry: Long  LIMIT @ 0.9650

Entry Date: 04-Aug-2015

Entry: Long LIMIT @ 0.9700 & 0.9720

Reason for Trade/Setup:

On 28-Jul-2015, Entry into the position as price cut above the kumo cloud, more important, chikou span had cut above the previous price high.

Another limit order is put in to increase the existing long position on 30-Jul-2015. 2 more positions has been established on 04-Aug-2015.

Initial Stop: 0.9530

Initial Target: 1.0010

INTERMEDIATE COMMENT

Price action has moved up decently. Profit target level has not been reached though. Depending on how the price action reveals itself, there may be a need to take profit as per trade plan.

RESULT

Partial Exit @ 0.9817 on 06 Aug 2015

0.9650; +167 pips
0.9649; +168 pips

Stopped out @ 0.9780 on 12 Aug-2015

0.9700; +79 pips
0.9650; +129 pips
0.9720; + 59 pips
0.9900; -120 pips


THOUGHTS

USDCHF has been trending upwards in a gradual manner. Continue to see strength in the trend upwards.

The update came late. USDCHF has weakened significantly from the exit.

kuraudotrader

USDCHF Ichimoku Trading Forex Strategy 28-Jul-2015 1-4 update

Image: Oanda

TRADE

Entry Date: 28-JUL-2015

Entry: Long MKT @ 0.9649

Entry Date: 30-JUL-2015

Entry: Long  LIMIT @ 0.9650

Entry Date: 04-Aug-2015

Entry: Long LIMIT @ 0.9700 & 0.9720

Reason for Trade/Setup:

On 28-Jul-2015, Entry into the position as price cut above the kumo cloud, more important, chikou span had cut above the previous price high.

Another limit order is put in to increase the existing long position on 30-Jul-2015. 2 more positions has been established on 04-Aug-2015.

Initial Stop: 0.9530

Initial Target: 1.0010

INTERMEDIATE COMMENT

Price action has moved up decently. Profit target level has not been reached though. Depending on how the price action reveals itself, there may be a need to take profit as per trade plan.

RESULT

Partial Exit @ 0.9817 on 06 Aug 2015

0.9650; +167 pips
0.9649; +168 pips


THOUGHTS

USDCHF has been trending upwards in a gradual manner. Continue to see strength in the trend upwards.

kuraudotrader