Ichimoku Forex Trade of the Week Oct 31, 2014 : 5 time frame Buy NZDJPY Currency

Oct 30, 2014 09:38:10 PM EST, we received an Ichimoku 5 time frame Buy Email alert on the NZDJPY Currency for the forex market.  Here is the email alert:

NZDJPY 1hr BO Email Alert


Took the 1hr Break Out. Need a 1:1 reward risk ratio. Entry is 86.17, Initial Stop is 85.22 and Preserve Mode 87.71 We have more than a 1:1 Lets take a look at the chart.

NZDJPY 1hr BO Chart


We reached our Preserve Mode

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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.

About the Author Michael Colquitt