tradingfields.com > EURCHF > EURCHF LOSS

EURCHF LOSS

EURCHF LOSS

4th August 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”.

After 3 unsuccessful GBPUSD trades, I decided to get into EURCHF instead. The charts look good.

Trade did not work again. 4 out of 5 trades today, have been losses.

The Chikou span is the lagging indicator component of the Ichimoku Kinko Hyo candlestick trading model. The Chikou is a line of the most recent price action, but it is plotted 26 trading periods into the past. Chikou spans are designed to allow traders to visualize the relationship between current and prior trends.

4th August 2017

Categories:EURCHF

Tags:EURCHF, loss

0 Comments

0 Comments

Leave a reply Click here to cancel the reply