On March 25, 2013, we received an Ichimoku 5 Time Frame Email alert Buy on PEP, Pepsico Inc. The email alert is shown below:
We elected to use the 4h time frame to setup the trade since we are looking for it to go for awhile. The entry was 77.63, initial risk was 77.28, and a preserve mode value of 79.26. The initial max. risk would be 0.35 and the min. reward would be 1.63 giving us a 4.6:1 reward/risk ratio (463%+). Here is the trade setup:
We entered the trade and price is slowly getting to our preserve mode value where we will tighten our stop.
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.
