Ichimoku Future Trade of the Week Sept 19: 6 Time Frame Sell SM, Soy Bean Meal Future

Sept 17, 2014 07:56:09 AM EST , we received an Ichimoku 6 time frame sell email alert on Soy Bean Meal Futures.  Here is the email alert:

Future ZM 6xSell Email Alert

 

We took the 2hr pull back to give us a 3:1 reward risk. Our entry is  327.20, Initial stop 328.40 and our preserve mode is 323.50. Lets take a look at the chart.

Future ZM chart

As you can see we hit our preserve mode.

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About the Author Michael Colquitt