On June 4, 2014, we received an Ichimoku Future 6 time frame Buy email alert on TF, Mini Russell Future from www.ichimokutrade.com. Here is the email alert:
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 4h chart. The entry was 1128.07, initial stop was 1123.17, and a preserve mode of 1145.35. The max risk is 4.91 and min. reward is 16.97. This gives us over a 3:1 reward/risk ratio i.e. 300%+. Here is the chart setup:
Currently, we are in preserve mode with a stop of 1161.53.
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