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:
Greetings,
Do you only use Ichimoku for your trading?
aslamhammad
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I use many indicators, but i like using ichimoku system when doing technical analysis :)
Gino
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Is it enough to use it alone?
aslamhammad
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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
Gino
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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.
Do you only use Ichimoku for your trading?