On June 20, 2014, we received an Ichimoku Forex 6 time frame Sell email alert on EURCAD currency from www.ichimokutrade.com. Here is the email alert:
The EURCAD has been consolidation for a while but it is still bearish. Since all the time frame were bearish , we setup for a pull back trade. The entry was 1.47451, initial stop of 1.47584, and a preserve mode of 1.46682. This would give us a max risk of .00124 pips and a min. reward of 1.46682 pips. We are looking for a reward/risk of 3:1. Here is the chart setup:
We are now in preserve mode at 1.46682
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