On Jan 22, 2013, we received an Ichimoku 5 Time Frame Buy Email alert on USDCAD currency for the Forex market. Here is the email alert:
The entry is .9903, initial stop of .9886, preserve mode value of .9966, and a target of 1.0056. The max risk would be 17 pips and a min. reward of 63 to the preserve mode and 153 pips to the target. This would give us a min. reward/risk of 3.7:1 i.e. 370%. Here is the chart:
The trade reached our target and we exited the trade.
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
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.
