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Ichimoku_Trader
Oct 23, 2016 7:38 AM

This could be the beginning of a big trade... Long

FX:XAUUSD240
Gold/U.S. DollarFXCM

Description

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IMPORTANT...

I have changed the tags related to my charts to make them easier to follow. There are 3 levels which are self explanatory as follows...

ToTheZone
InsideTheZone
live

If I publish a chart and you do not see it under one of these tags, it is probably no longer valid

Comment

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After that bearish engulfing candle, we should expect at least another couple of bearish candles still so let's not rush to enter...

Order cancelled

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Trade no longer valid
Comments
Gix67
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hi IT, what do you think about the controversial move on the last hours?
Ichimoku_Trader
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I'm not sure what you mean
Gix67
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very strong UP move, quite confident of a definitive start of the uptrend , and then bang down reversing the 4h candle
Ichimoku_Trader
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That's what usually happens at breakout areas. So this is business as usual..
Gix67
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yes, very difficult to trade without big SL. thanks IT
Ichimoku_Trader
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Actually, this should make you more aware of the importance of my zone trading concept. It will always get you in cheap and ripe..
Gix67
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sure
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