Simple's Green Room

[jrbscrazy]

I haven't been using ICHI too much. Just basic trendlines, support an resistances. The only things on my aud/usd chart right now are lines and alerts marking resistance at .8734 and .8781....both of which i'll enter a short on. I'll probably follow those orders with shorts on aud/jpy as well. Occasionally i'll throw the ichi on the chart just to see where the pair is at in relation to the cloud. I see that aud/usd fell through both the tenkan and kijun on the weekly chart. Cloud support is way down in the .77's or so on the same chart. Of course the forward looking cloud should offer the real support. The current kijun level is right at the neckline of the weekly double top, which would re-enforce my reasoning for a short there.