Yesterday, I posted the Short trade plan of EURJPY, explaining the price was at the top of the Clouds in Ichimoku, and expected the boundary of Clouds would be a strong resistance.    But I was wrong.  The candle broke the boundary of the Clouds, and it is now floating above the clouds.

2015-08-11_12-34-57-ej2

Perhaps, the biggest news is, Ichimoku now outputs “3 Biggest Buy Signs”.

I will monitor the prices today, to make sure the candle is still above the clouds until the end of today.   If it holds, I will start building the Long trade plans from tomorrow.

 

YJ Baik – Forex.Today @ Tokyo

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