Currency Ichimoku trade of the Week EURUSD 8-24-12

  • Home
  • /
  • Blog
  • /
  • Currency Ichimoku trade of the Week EURUSD 8-24-12

On 8-20-2012, we received a 4 time frame Ichimoku Buy Email alert on EURUSD for Currency / Forex market. The email alert is shown below:

The 4Hr chart setup is shown below. Entry was 1.2318, initial risk of 1.2282, and a preserve mode value of 1.2431. This is a min. reward of .0113 and a max risk of 0.0036. This is a 3:1 reward/risk i.e. 313% profit. The trade was exited at 1.2525.

If you would like to learn how to trade like an institutional trader or learn more about our multi-timeframe email alerts, go to

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