May 24, 2015 02:43:05 PM EST, We received an Ichimoku 7 time frame Buy Email alert on the USDJPY Currency for the forex market. Here is the email alert:
Looking at the 1hr break out. USDJPY is breaking new highs. In times like this I still stick to the one to one rule for the break out. The Entry is 121.65, Initial Stop: 121.02. Lets take a look at the chart.
The 1hr May have got stopped out if you follow the green line, could have looked for the 4hr possibly if you didn’t mind taking on a little more risk.
The 4hr stayed strong.
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