September 15

Ichimoku Forex Trade of the Week Sept 12, 2014 : 5 time frame Sell NZDUSD Currency

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Sept 10, 2014 07:17:09 PM EST, we received an Ichimoku 5 time frame Sell Email alert on the NZDUSD Currency for the forex market.  Here is the email alert:

Curency NZDUSD 5xSell email Alert

 

NZDUSD is trending, so I took a pull back to buy down my risk. With a pull back I need a 3 to 1. 1hr pull back gave me the best reward risk. Entry is .8232 and my Initial stop is .8222. My preserve mode is .8179. This gives me 10 pips risk with 43 pips reward. Lets take a look at the chart.

 

Curency NZDUSD Chart

We reached our preserve mode.

If you would like to learn how to trade like an institutional trader or learn more about our multi-timeframe email alerts, go to www.ichimokutrade.com or email us at info@eiicapital.com

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.

 


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Currency, elliott, Fibonacci, Forex, Gann, Ichimoku, Trade, Trading


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