Below is an Ichimoku day trade setup for Gasoline Futures. Entry is 2.7898, Initial Stop of 2.7859, and a Preserve mode value of 2.7981. Once price reaches Preserve mode, we will tighten our stop so we do not go “Round trip” i.e. loss our profits. The initial risk is 39 pts. The min. reward is 83 pts. This is min. of 2:1 reward/risk ratio. This is an aggressive trade because we typical look for min. 3:1 reward/risk ratio.
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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.
