Futures Ichimoku Trade of the Week : Coffee 8-10-12

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  • Futures Ichimoku Trade of the Week : Coffee 8-10-12

On Aug 9, 2012, we received a 5 timeframe Ichimoku Sell Email Alert on Coffee Futures. Here is the email:

The current chart is shown below. The entry was 169.49, initial stop of 175.22, preserve mode of 165.96, and a target of 161.52. This would a min. reward of 13.7 and an initial risk of 5.73 i.e. 239% reward. Currently, we are in preserve mode and your stop is below our entry so this is a free trade.

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