Future Trade of the Week : August 1 2014 -> 6 time frame Ichimoku Sell YG, mini-sized Gold

On July 30, 2014, we received an Ichimoku Future 6 time frame Sell email alert on YG, mini-sized Gold Future from www.ichimokutrade.com.    Here is the email alert:

Future_YG_EmailAlert

 

The trade was setup on a 60m pull back .   The entry was 1299.30, initial stop was 1301.14.  Preserve Mode was 1287.35. We have a reward/risk of 3:1 or better.  The max risk is 1.74 and the  min reward is  11.79

Here is the chart setup:

aug1_future

 

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.

 

 

About the Author Michael Colquitt