Ichimoku Future Trade Feb 20, 2014 : 10 Year US Treasury Note 30 minute

Below is a chart setup for the Ichimoku chart setup for the 10 Year US Treasure Notes.   The left side represents a 30m time frame.   The right side is the Daily time frame.   All the various support levels have been marked.
A lot of people think that Ichimoku does not work on lower time frames and is very limited on what instruments it works for.   This trades shows they are incorrect.    Lower time frame trading is just like the higher time frame but things move faster.   Also the trends are not longer but you can validate everything by calculating the reward/risk ratio like we just did on this chart setup.
Weekly_future_feb20_2014_chart
We have now reached the S2 level.  The trade is “FREE” i.e. the stop is below the entry.  As the trend continues to go down, we lock in more and more profits. 
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 Manesh Patel