Nov 25, 2014 10:00:11 AM EST, We received an Ichimoku 5 time frame Buy Email alert on the AUDNZD Currency for the forex market. Here is the email alert:
Took the 4hr break out instead of the pull back. With the multi time frame all bearish, did not see this pulling back. Found a 1:1 reward risk ratio in the 4hr. Entry is 1.0912, Initial stop is 1.0982 and preserve mode is 1.0838. Lets take a look at the chart.
Reached the preserve mode
EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and Options Trading has large potential rewards, but also has large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provided on the Blog is for educational purpose.