Future Trade of the Week : June 27, 2014 -> 7 time frame Ichimoku CMS Energy

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  • Future Trade of the Week : June 27, 2014 -> 7 time frame Ichimoku CMS Energy

On June 26, 2014, we received an Ichimoku Future 7 time frame Buy email alert on CMS Energy Future from www.ichimokutrade.com.     Here is the email alert:

CMS_7xBUY_Email

 

The US markets are making all time new high’s.   Therefore, we want to keep our risk low so we will trade only pull backs.    The trade was setup on a 60m chart.   The entry was 30.60, initial stop was 30.52, and a preserve mode of 30.87.     The max risk is .08 and min. reward is .27.   This gives us over a 3:1 reward/risk ratio i.e. 300%+.     Here is the chart setup:

 

CMS_STOCK_7xBUY_Chart

 

Currently, we are in preserve mode with a stop of  30.87.

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

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