BXP SP500 6 Timeframe Ichimoku Email Alert for the week ending Oct 21. On Oct 17, we received a 6 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com. Here is the email alert:
Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a iMTF Bearish Pull Back Trade on a 60m time frame provided by eSignal. Here is the chart setup:
There is a 240/120/60/30/10 iMTF Resistance@127.78, which is also our entry. Initial stop is 128.09. Our target will be the pivot low @ 126.52. Now, the reward risk ratio was a 3:1, hence we decide to take the trade as it did fit our trade plan. The trade has been triggered on the 17 Oct. It reached our target on 18 Oct.
CSCO SP500 6 Timeframe Ichimoku Email Alert for the week ending Oct 21. On Oct 20, we received a 6 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com. Here is the email alert:
Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a iMTF Bearish Pull Back Trade on a 60m time frame provided by eSignal. Here is the chart setup:
There is a 240/60/30 iMTF Resistance@30.37, which is also our entry. Initial stop is 30.46. Our target will be the pivot low @ 30.05. Now, the reward risk ratio was a 3:1, hence we decide to take the trade as it did fit our trade plan. The trade has been triggered on the 20 Oct. It reached our target on 21 Oct.
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.
