On April 16, 2013, we received a 4 time frame Ichimoku forex email sell on AUDNZD currency. The email is shown below.
We setup the chart for a 2h time frame. The entry was 1.2256, initial stop of 1.2271, and preserve mode value of 1.2198. This would give us a max risk of 0.0015 and a min. reward of 0.0058. This would give us a min. reward/risk of 3.8:1 i.e. 386%. The chart is shown below:
The trade was stopped out for a profit at the preserve mode value of 1.2198.
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 or email us at email@example.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.