Ichimoku Forex Trade of the Week 3-1-12 : NZDUSD Currency

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  • Ichimoku Forex Trade of the Week 3-1-12 : NZDUSD Currency

On Feb 24, 2013, we received an Ichimoku 6 Time frame sell email alert for the NZDUSD currency for the Forex Market.    The email alert is shown below:

The entry was 0.8412, intial risk of 0.8425, preserve mode value of 0.8315 and a target of 0.8264.   The max risk is 24 pips and a min. reward of 86 pips.   This would give us a min. of 3.5:1 reward/risk ratio i.e. 350%+.   If we got to the target, we would 137 pips.  Here is the chart:

We got to the preserve mode value and then the target so the trade was closed out.


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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