aslamhammad
Short

EUR/NOK Daily View

FX:EURNOK   Euro Fx/Norwegian Krone
50 6 1
Well tomorrow I'm expecting a Rate Cut by Bank of Norway on their interest rate and expecting a negative impact on EUR/NOK             . So, Shorting this baby around:

Entry level 8.6862
Tp 8.3000,
Sl: 8.9500

Greetings,
Do you only use Ichimoku for your trading?
Reply
I use many indicators, but i like using ichimoku system when doing technical analysis :)
Reply
Gino aslamhammad
Is it enough to use it alone?
Reply
you can use it alone, it's up to you....i like using parabolic sar in it :)....Early this trade went bad :p....I saw short signal by Dankse Bank investment research, they said to short it on rate cut :p....This is what happens when you trust banks :p.....Well anyways, lesson learned can't rely on their forecasts :p....In march i saw a forecast in which they said to short, and price went down 2000pips that month :p....This time told investors incorrect advise :p
Reply
Gino aslamhammad
Banks like Doctors, they don't know everything :-)
NO, I don't think Ich is enough alone, maybe when there is a strong move above/below the cloud.
Reply
you can use stochastic/Rsi indicator it's good :)
Reply
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