Ichimoku Forex Trade of the Week Sept 26, 2014 : 6 time frame Sell EURUSD Currency

Sept 24, 2014 07:06:09 AM EST, we received an Ichimoku 6 time frame Sell Email alert on the EURUSD Currency for the forex market.  Here is the email alert:

Currency EURUSD 60m BO EmailAlert 9.24.14

 

Took the 1 hr break out.  Need a 1:1 reward/risk on a break out. My entry is 1.2830, stop is 1.2877, and my preserve mode 1.2763. This gives me a little more than a 1:1. Lets take a look at the chart.

 

Currency EURUSD Chart

 

 

As you can see we reached the preserve mode.

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About the Author Michael Colquitt