On May 7, 2014, we received an Ichimoku Forex 6 time frame Buy email alert on 2 Year Treasury Notes futures from www.ichimokutrade.com. Here is the email alert:
Since the instrument was within a small consolidation pattern, we setup for a pull back trade on the 2 hr time frame to minimize our risk. The entry was 109’29.0, initial stop of 109’28.7, and a target of 109’31.2. We choose a target instead of preserve mode since this product is not too liquid for this time frame. Notice, the bars on the 2h time frame. The max risk is 00’00.3 and a max reward of 00’02.2. This gives us a 7:1 reward/risk ratio i.e. 733%+. Here is the chart setup.
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.
