On April 9, 2013, we received an Ichimoku Email alert on EHL-ASX, Emeco Hldg. The trade was setup for a pull back trade.
The entry was 0.62, initial stop of 0.63, preserve mode value of 0.57 and a target of 0.49. The max risk was 0.01 and a min. reward of 0.05. This would be a min. reward/risk of 5:1 i.e. 500%. The chart is shown below:
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
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