Ichimoku Forex Trade of the Week May 16 2015 : 6 time frame Sell NZDCHF Currency

May 11, 2015 08:29:04 PM EST, We received an Ichimoku 6 time frame Sell Email alert on the NZDCHF Currency for the forex market.  Here is the email alert:

nzdchf email chart

Can take both the pull back and the break out playing the 1 hr 4 strategy.

Took 1hr pull back. Need a 3:1 reward risk. Entry is .6876, Initial stop is .6883, Preserve mode is .6845 Lets take a look at the chart.

Took the 1hr break out. Need a 1:1 reward risk. Entry is .6833, Initial stop is .6883, and Preserve mode is .6780, lets take a look at the chart.

nzdchf email chart1

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About the Author Michel Colquitt