On June 18, 2015, we received an Ichimoku 5 multiple time frame Buy email alert on 2802-TSE, AJINOMOTO CO for the Japanese Stock Market. The email is shown below:
The setup was emailed through the automated email alert system, as shown above.
Here we have a great opportunity to do a break out on the 60M time frame with strategy 4.
The entry will be 2648.48, initial stop of 2557.26, preserve mode of 2752.44.
The risk is 91.22 and the reward is 103.96 to preserve mode. Reaching to preserve mode, it is more than 1:1 reward/risk ratio.
Here is the chart for reference:
As you can see the entry was hit on the same day, the stop loss will trail up and now it is all about managing the trade.
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 info@eiicapital.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.
