CANADIAN STOCK Ichimoku Trade of the Week: Apr. 29 – May 03, 2013.

This is the weekly trade for the Canadian Stock Market.
We received an Email Alert on April 29, 2013 for a 3 time frame Buy / Sell opportunity.

There was an signal to go LONG on BELL ALIANT INC.’s stock. The entry was at $26.75 and the Stop for the trade was $26.59 The risk of $0.19 per share. The price is being trailed based on proprietary Ichimoku system as the price started to move up in the favour of the trade. The trade is still active and there is a locked in profit of $0.95 per share. If the price pulls back from here, there is a sure profit of $0.95 per share to be encased in. If the price keeps going in the favour of the trade, the price will be adjusted according to the proprietary Ichimoku system and more profits will be locked in. Currently there is a Risk to Reward ratio of 1 : 5.94

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 cannot 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.

About the Author Vinesh Midha