On November 5, 2013, we received an Ichimoku 4 time frame email alert buy for the NQ futures, Nasdaq. The email alert is shown below.
In looking at the 2h hour chart, two observations were made. First, price was consolidation. Second, the major trend was already occurring based on daily time frame so we had to be careful.
Sometimes, the best trades are the ones you don’t take since there was no high probability scenario at all.
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 email@example.com
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