Ichimoku Future Trade of the Week : 6-14-13 Sugar Futures

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On June 10, 2013, we received a 6 Ichimoku time frame multi time frame Sell on the Future Sugar.   The email is shown here:

Since we are dealing with futures, we are going to setup the trade on a 2h chart.   The setup is going to be aggressive since we are looking at a pull back trade within a consolidation pattern.    The entry is 16.46, initial stop 16.50, preserve mode of 16.33.     This would give us a min. reward of 0.13 and max risk of 0.04.   The reward/risk would be 3:1 i.e. 300%+.    Here is the chart setup:


We exited the trade in preserve mode at 16.30.


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