12.06.2013 12:30 GMT
Let’s look on few signals from Ichimoku system
This pair is in clear downtrend. Now it is in bullish correction but Kijun line stopped it. This can be signal to open new short or to add to existing one
Another correction with Aussie. Trend is clear and rejection of resistance also can be clear.
Here we can find an interesting situation. We can trade long or short depends on situation. If price closes under Kijun its short, if it closes over it can be long.
Long is back to trend, short is just deeper correction with target on Kumo.
Risky setup. Candle closed under Kijun that means bigger correction down to Kumo. But on D1 chart You can see clear how big is correction potential.