Ichimoku Stock Trade of the Week 1-4-13: NKE Nike

  • Home
  • /
  • Blog
  • /
  • Ichimoku Stock Trade of the Week 1-4-13: NKE Nike

On Dec 31, 2012, we received a 4 time frame buy Ichimoku Email Alert on the Stock Nike (NKE).   The email alert is shown below:

The entry was 50.77, initial stop of 50.22, and a preserve mode value of 53.14.   This would give us a max. risk of 0.55 and a min. reward of $2.92.    The reward/risk ratio would be 5:1 i.e 500%.

Here is the chart setup:

We have reached our preserve mode value so we are tightening our stop to make sure we protect our profits.


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

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.