Forex Trade of the Week : July 01, 2014 -> 6 time frame Ichimoku Buy CADJPY Currency

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  • Forex Trade of the Week : July 01, 2014 -> 6 time frame Ichimoku Buy CADJPY Currency

On July 01, 2014, we received an Ichimoku Forex 6 time frame Buy email alert on CADJPY  currency from www.ichimokutrade.com.     Here is the email alert:

CAD.JPY6xbuy.emailalert (1)

 

The CADJPY Break Out on the 60m.    The Higher time were in sync.  The entry was 95.16, initial stop of 91.93, and a preserve mode of 95.82.   This would give us a max risk of .23 pips and a min. reward of .66 pips.    We are looking for a reward/risk bigger than 1:1.     Here is the chart setup:

CAD.JPY1hrBO6xBUYChart

We are now in preserve mode at 95.82

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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