EURUSD LOSS

EURUSD LOSS
23rd June 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”.

I got back in a short while after losing on my previous trade.

The price became very volatile, and I could either see a big drop or my stop getting taken out.

I was in profit for a while, so I decided to move my stop down and minimise exposure.

Trade was stopped out.

After trade analysis
Price is currently trading higher in the 1.12013 zone. My stop was correct.

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*