Ichimoku Stock Trade of the Week: 8-16-13 BMR BioMed Reality Trust

  • Home
  • /
  • Blog
  • /
  • Ichimoku Stock Trade of the Week: 8-16-13 BMR BioMed Reality Trust

On August 12, 2013, we received an Ichimoku multiple time frame sell on the stock BMR, BioMed Realty Trust inc.   The email alert is shown below:

The highest time frame as the 240m so we will setup the trade for this time frame.   The stock was initially bearish trending and then experienced a major pull back according to the higher time frames.    We are going to setup a pull back trade to retest the pivot low and then protect our profits to break it.   The entry is 20.08, initial stop of 20.30, and a preserve mode value of 18.71.   The max initial risk is 0.22 and the min. reward would be 1.37.  This would give us a min. reward/risk of 6:1 i.e. 622%.  The chart setup is shown below.


The trade triggered and we are already in preserve mode.    Our stop now is 19.05.   Since our stop is below the entry, this is a free trade.   As the trend continues to go down, we will lock in more profit.


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.