Ichimoku Forex Trade of the Week 3-22-13 : AUDCAD Currency

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  • Ichimoku Forex Trade of the Week 3-22-13 : AUDCAD Currency

On March 19, 2013, we received an Ichimoku 5 Time Frame Buy Email alert on the Currency AUDCAD for the Forex Market.   The email is shown below:

To keep our risk low, we setup for a 2h chart.   The entry was 1.0633, initial max risk of 1.0621, and a min. potential reward of 1.0668.   This is a initial max risk of 12 pips and a min. potential reward of 35 pips.   This is close to a 3:1 reward/risk ratio.   Here is the chart:


We entered the Pull back trade and exited at 1.0681 in preserve mode.


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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