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Kumowizard
Oct 1, 2015 1:53 PM

Buy at 4H Kijun retest with tight stop Long

S&P 500 index of US listed sharesFXCM

Description

Daily:
- Ichimoku setup is bearish, but it could not hit a ower low two days ago
- Heikin Ashi turned counter bullish again

4H:
- price tested 100 WMA today. Still a thick Kumo above, but Ichimoku is neutral now.
- Heikin Ashi seems counter bearish, but if Price can't dip back below Tenkan and Kijun, it is a good buy opportunity. Don't let yourself trick by a candle which not yet closed. Also watch haDelta! If doesn't come back below zero, Heikin Ashi signal will be false and will print a bullish signal ahain later.

I bought small at 1916, stop at SAR (1900 initial). POssibly 1950 is in focus.
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