Ichimoku China Stock Trade for the Week ending June 26, 2015: 4 time frame Sell CCB

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On June 22, 2015, we received an Ichimoku 4 multiple time frame sell email alert on CCB, The email is shown below:

June 27 blog email

Looking at the Daily chart, we knew that CCB was beginning to setup for bearish move to the skb based on the highlighted price action.

June 27 blog higher tf image

To keep our risk low, we went to the lower timeframes to search for an opportunity which the email alert notified us of. The 1h chart had a potential opportunity. Although price never got to the entry level highlighted, the setup still worked and reached our preserve mode and target. This all started with analysis of our higher timeframes. The 1h chart is shown below.

June 27 blog trading tf image

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

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