USDCHF LOSS

USDCHF LOSS
3rd January 2017 contacttf
The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals. Ichimoku Kinko Hyo translates into “one look equilibrium chart”.

Getting back into trades after a little time off. USDCHF trade was a loss.

All charts were lined up. The key issue was resistance point. Rather than using candles, I will be now focusing more on Ichimoku cloud for support and resistance.

The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals. Ichimoku Kinko Hyo translates into “one look equilibrium chart”.

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