On May 6 2014, we received an Ichimoku Forex 7 time frame Sell email alert on EURNOK currency from www.ichimokutrade.com. Here is the email alert:
Based on the email alert, we setup for a 2h pull back trade. The entry was 8.2509, initial stop of 8.2588, and preserve mode of 8.2208. The max. risk is 0.0079 and a min. reward of 0.0301. The min. reward/risk would be 3:1 i.e. 381%+. Here is the chart setup:
The trade was exited at 8.1509.
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