Ichimoku Trade of the Week 1-18-13 : Future Coffee

  • Home
  • /
  • Blog
  • /
  • Ichimoku Trade of the Week 1-18-13 : Future Coffee

On January 11, 2013, we received an Ichimoku 5 time frame Buy email alert on the Future Coffee.   The email alert is shown below:

We setup for a 4h time frame trade since the other time frames were more day trading.   The entry was 151.08, initial stop of 150.18, and a preserve mode value of 155.90.    This would give us a max risk of 0.90 and min reward of 4.82.   This would give us a 5.35:1 reward/risk ratio i.e. 535% min return.    Here is the chart setup:

The current stop is 154.90 since we are in preserve mode already i.e. protecting 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.