Tim Journals

[TIMisthebest]

I am going to start a Trading Journal of me , Near 4 years at Forex

I am trend-following swing trade .

my trading method based on price action and ichimoku , Identifying important level of support or resistance by ichimoku and looking for price action signals

i'm using 4 hr and daily time frame for analysis and trade

im trying now what i learned

Best Regard

- - - Updated - - -

first trade p#1

GBPUSD

technical analysis :ichimoku and price action analysis

fundamental analysis : NO

Buy position @ 1.6352 , SL @ 1.6311 , TP @ 1.6416


Attachment 4190

[Penuelophir]

Setting up the Ichimoku on your chart is a very good thing to do when we are trying to follow the market trend, because it is second to the best trend trading indicator that I have ever seen but the key to using it is that you must learn how it works, due to the fact that it might look complex but when you have invested enough time into it then making use of it becomes very easy and profitable too. I like it when the cloud is below the price it shows that the price is trending upwards and whenever the price is below the cloud then it shows that the price is trending downwards.