Hi All,
I’ve made this SELL trade on my demo account today for the EUR/USD and just wanted peoples thoughts on whether I had the correct signals to trade.
Basically used the One day chart and the Ichimoku Kinko Hyo indicator and SAR indicators. My Tenkan sen (pink) crossed the Kijun Sen (Blue) downwards. The Chikon Span (green) crossed the Senkou span (orange and purple). SARs dots were trending down as well.
I wasn’t to sure about the stop loss and profits so I set them according to what I thought the fibonacci lines should be. I’ll refine them down the track I suppose…