Ichimoku Australia Stock Trade for the Week ending June 12, 2015: 4 time frame Sell JHC-ASX, JAPARA FPO

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  • Ichimoku Australia Stock Trade for the Week ending June 12, 2015: 4 time frame Sell JHC-ASX, JAPARA FPO

On June 11, 2015, we received an Ichimoku 4 multiple time frame sell email alert on JHC-ASX, JAPARA FPO.

The email is shown below:

JHC-ASX-alert

We used a pullback strategy to keep our risk low because it has a multiple time frame matching level. We are going to use the 240m time frame to setup the pullback trade.

The entry was 2.74, initial stop of 2.77, preserve mode of 2.61.

The risk is 0.03 and the reward is 0.13 to preserve mode. Reaching to preserve mode, it is more than 3:1 reward/risk ratio.

Here is the chart for reference:

JHC-ASX

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

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