USDJPY LOSS

USDJPY LOSS
23rd November 2016 contacttf

I lost again on USDJPY. All charts line up correctly.

My setup was fine. It just did not work out.

The Tenkan-Sen line is the conversion line used specifically in the Ichimoku Kinko Hyo (or Ichimoku Cloud) equilibrium charts.

The 1 day chart showing strong bullish setup, but this is not part of my system, so did not factor this in.

The Ichimoku Kinko Hyo or equilibrium chart isolates higher probability trades in the forex

 

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