9/07/2013 5:45 GMT

There is nice signal on EUR/AUD. D1 is in clear bullish trend, on H4 price broke Kumo. Also it tested Ichimoku cloud few time and thats making signal stronger. Chinkou Span (gree line) is over price so signal is very clear.

Personally I have opened position and I will exit on loss after clear candle close in Kumo. I will also add to this position after price will close over Kijun (blue line).


Ichimoku - EUR/AUD long signal

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Comparic.com Editor-in-Chief. Trading since 2004, professionally connected with Forex market since 2006. Fan of technical approach to the markets – currently focuses on Ichimoku Kinko Hyo and Price Action strategies. He focuses on favorable risk-reward ratio in his own transactions. Speaker at many conferences on investment in capital markets, as a lecturer he cooperates with the largest brokerages in Poland and in the world. Vice President of the FxCuffs Foundation – Education and Development of Financial Markets.