EURUSD BREAKEVEN

EURUSD BREAKEVEN
10th February 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”.

Trade did not work out as expected.

I used the Tenkan sen and Kijun sen on the 1 hour to gain entry. I normally use the cloud to spot, support and resistance.

I moved the stop up. Trade closed at breakeven.

What does Ichimoku mean? "Ichimoku" is a Japanese word that means "one look."

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