Currency Forex Ichimoku Trade Setup: GBPAUD Pull back 30m trade

  • Home
  • /
  • Blog
  • /
  • Currency Forex Ichimoku Trade Setup: GBPAUD Pull back 30m trade

Below is the chart setup for GBPAUD trade for the Forex market. It is a low risk pull back trade on the 30m time frame. It is a multi-time frame signal we received.

The entry is 1.5164 with an initial stop of 1.5174. This is a 10 pips risk. The min. reward we will calculate to our T1 target which is 1.5143. The min. potential reward will be 21 pips. This is a 200+% profit. We will take some positions off at T1 price target. At T2, we will go into PRESERVE mode where we will tighten our stop. If price gets to T2, we will get a potential reward of over 52 pips i.e. 500%+ profit.

If you would like to learn more how to trade the institutional way, go to www.ichimokutrade.com for more information about our education program, multi-time frame signals, etc.

EDUCATIONAL USE. Commodity Futures Trading Comission, Forex, Futures, Equity and options trading has large potential rewards, but also 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