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Kumowizard
28 de Set de 2017 05:59

Take profit on longs, buy lower again Viés de baixa

EUR/HUFOANDA

Descrição

- Ichimoku is bullish, but price got a bit far above equilibrium level (distance from Kijun Sen)
- Heikin-Ashi candle is bullish, but watch out for haDelta+ and haOscillator: both cross down and both shows negative momentum divergence
- Price is also at trendline resistance, and weekly Kumo resistance. If you check, weekly haOscillator, also looks topish.
- Bullish EWO reaches extreme high.

Take profit on longs now, a local top may form. If market retraces to Kijun, look for a buy signals again (should be around 308).

Alternatively you can also look at USDHUF.
Comentários
ashik1234
That is one awesome chart. Where can I learn your trading strategy?
Kumowizard
@ashik1234,
1. Ichimoku - you find all important info on the web
2. Heikin-Ashi method you can only learn from one master: Dan Valcu. Go and visit his website educofin.com. Buy his book(s) - Red one is a must
3. You must develop your own strategy. After understanding Heikin-Ashi trading u can apply it to your existin system.

In fact all succesful systems have one in common: trendfollowing. Measure risk/rewards and probabilities, have a sound money and risk management, take buy/sell signals at supports in line with the trend, act as a machine and don't get emotionally involved
ashik1234
@Kumowizard, Thank you.
ashik1234
@ashik1234, It is a good one by the way. I took Short and it is working.
Kumowizard
@ashik1234, shd retest to 309, but be careful wirh position size as basic trend is bullish.
At 308-309 it will be a buy again I think
ashik1234
@Kumowizard, I set-up a Target at 309.65. Thank you
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