Ichimoku Currency Trade of the week 2-1-13 EURUSD : Forex Market

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  • Ichimoku Currency Trade of the week 2-1-13 EURUSD : Forex Market

On Jan 29, 2013, we received an Ichimoku 4 Time Frame Buy on Currency EURUSD for the Forex market.   Here is the email alert:

The entry was 1.3505, initial stop of 1.3432, and preserve mode of 1.3578.  This gives a max risk of 73 pips and min. reward 73 pips.   This would give us a 1:1 reward/risk for a break out trade.   Here is the chart:

 

We exited the trade at 1.3616.

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

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