On Oct 3, 2013, we received an Ichimoku 7 multi time frame Buy email alert on the stock MAN, Manpower Group for the SP400. The email alert is shown below:
We setup the chart on the 4h time frame. The Entry was 73.75, initial risk of 73.43, and a preserve mode value of 75.32. The min. reward is 1.57 and the max risk is 0.32. This would give you a 4.9:1 reward/risk i.e. 490%. The chart is shown below:
Currently, we are in preserve mode and the trade is free i.e. the stop is above our entry.
If you would like to learn how to trade like an institutional trader or learn more about our multi-timeframe email alerts, go to www.ichimokutrade.com or email us at info@eiicapital.com
EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and Options Trading has large potential rewards, but also has large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provided on the Blog is for educational purpose.
