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Ichimoku_Trader
May 10, 2016 8:35 PM

Only after the breakout please... Long

British Pound/U.S. DollarFXCM

Description

Do not rush
The trade below is still valid after this trade's completion

Comment

We have broken the critical level
Let's look for a retrace to enter long

Don't rush
Good luck

Comment

pick a good spot please, these are the Brits...

Trade active

I just updated this chart with an H1 chart so please do not follow this chart is no longer active

Trade closed: target reached

Great trade. I'm getting out at WPP with about 96 pips and starting to look for the short
This chart is now closed and our original sell chart is now in progress
I'll update it there in a few minutes

Happy pips
Comments
Wingman
good idea, thank you!
Ichimoku_Trader
Thanks
enclyptia
should we enter or we expect bigger retrace?
Ichimoku_Trader
You can enter but you can not open the reverse position until you get a close inside the kumo
So you might get stopped and have to get in again.
It's cheaper now though
so it's your call
Ichimoku_Trader
I entered by the way
I like small risk positions
enclyptia
i am in too lets see :)
Ichimoku_Trader
If u get stopped out, just look for the next level 1 signal down

Good luck
eucpms2
"Not reaching the median line before reversing..." Do you mean "CS" not reaching the median line before the "PRICE" reversing ?
Ichimoku_Trader
No I mean price not reaching the ML before reversing

Thank you
eucpms2
Would you mind provide a chart showing how the ML is drawn in the 4hr timeframe? Thanks a lot.
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