6th June 2013 9:05 GMT

I have opened new transaction on my Ichomoku system (soon it will be describe here). Its XAU/USD short. Signal is very clear price broke bearish Kumo (cloud), all lines are in good direction. Also up trend line was broken and its making this signal even stronger.

Daily chart is clearly bearish also. I’m ready to add to this position if it go up a little bit and retrace from Kijun (blue line) or down trend line which already worked as resistance 4 Times.





I’m showing this system on FxSalt real account. You can try free demo here: DEMO or open REAL with 5% rabate from Comparic.com!

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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.