Ichimoku Forex Trade of the Week Jan 2, 2014 : 7 time frame Sell EURGBP Currency

Dec 29, 2014 04:59:12 PM EST, We received an Ichimoku 7 time frame Sell Email alert on the EURGBP Currency for the forex market.  Here is the email alert:

EURGBP EMAIL ALERT

 

 

Took the 1hr break out after taking the 1hr pull back at the kijunsen. Got stopped out on the pull back, but notice the shake bars and how they held the kijunsen. So I decided to put on a break out order. I found a 1:1 reward/risk or better. Entry is .7820, Initial stop is .7842 and preserve mode is .7769. Lets take a look at the chart.

EURGBP Email Chart

 

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About the Author Michel Colquitt