June 22, We received an Ichimoku 4 time frame Sell Email alert on SELL IGO-ASX, IND GROUP FPO.
Here is the email alert:
We used a breakout strategy. We are going to use the 60 minutes time frame to setup the breakout trade.
The entry was 4.53, initial stop of 4.76, preserve mode of 4.29.
The risk is 0.23 and the reward is 0.24 to preserve mode. Reaching to preserve mode, it is a 1:1 reward/risk ratio.
Here is the chart for reference:
As you can see it the entry was hit on the 24th so you had plenty of time to get to your computer to put in the trade after receiving the alert. When the entry got triggered the stop loss will move down to limit the risk. Now all there is left to do is to manage the trade. Happy Trading!
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.
