Ichimoku ES Future Day Trade Update E-Mini SP500 7-23-12: Trade Exit

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We exited the trade at 1344. The entry was 1340.75 so this was a 3.25 pt profit on the E-Mini SP500 futures.

Attached is the latest chart. Notice, how price reversed at your PRESERVE mode value.

In our university program, there are two ways you can manage a counter trend trade. If you are a conservative trader, you would exit at the preserve mode value. If you are an aggressive trader, you would tighten your trailing stop in order to preserve your profit.

If you would like to learn more how to trade like an institutional trader, go to www.ichimokuwebsite.com.

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