Today, we received an Ichimoku 4 time frame buy on the Singapore Stock J69U-SES, Frasersct. Here is the email alert:
We are in a consolidation pattern so we are going to keep our risk low and setup for a pull back trade on the 120m time frame. The entry will be 1.965, initial stop of 1.956, and a preserve mode value of 2.000. This would give us a min. reward of 0.035 and a max risk of 0.009. This would give us a 3:1 reward/risk ratio. Here is the chart setup
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.
