Sept 10, 2014 07:17:09 PM EST, we received an Ichimoku 5 time frame Sell Email alert on the NZDUSD Currency for the forex market. Here is the email alert:
NZDUSD is trending, so I took a pull back to buy down my risk. With a pull back I need a 3 to 1. 1hr pull back gave me the best reward risk. Entry is .8232 and my Initial stop is .8222. My preserve mode is .8179. This gives me 10 pips risk with 43 pips reward. Lets take a look at the chart.
We reached our preserve mode.
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