Tuesday, 4 August 2015

USDCHF Ichimoku Trading Forex Strategy 28-Jul-2015 1-2 update





Image: Oanda

TRADE

Entry Date: 28-JUL-2015

Entry: Long MKT @ 0.9649

Entry Date: 30-JUL-2015

Entry: Long  LIMIT @ 0.9650

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.

Initial Stop: 0.9530

Initial Target: 1.0010

INTERMEDIATE COMMENT

Continue to establish more positions along the way.

Entry Date: 04-AUG-2015

Entry: Long  LIMIT @ 0.9700 & 0.9720


RESULT

NA

THOUGHTS

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

kuraudotrader

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