On July 04, 2014, we received an Ichimoku Forex 5 time frame Sell email alert on EURNZD currency from www.ichimokutrade.com. Here is the email alert:
Since all the time frame were bearish , we setup for a Break Out Trade. The entry was 1.5526, initial stop of 1.5592, and a preserve mode of 1.5436. This would give us a max risk of .0066 pips and a min. reward of .0088 pips. We are looking for a reward/risk of 1:1. Here is the chart setup:
We are now in preserve mode at 1.5436
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