On Jan 15, 2013, we received a 7 time frame Ichimoku Buy Email alert on the stock ATW, Atwood Oceanics Incs. The email alert is shown below:
The trade was taken on a 2h time frame. The entry was 48.83, initial stop of 47.91, and a preserve mode value of 50.07. This would give us a initial max. risk of 0.92 and min. reward of 1.24. This would give us a reward/risk of 1.34:1 i.e. 134 % return. With options, we can increase this reward/risk ratio. Here is the chart below:
We are currently in preserve mode with a stop of 49.03. Since our stop is above our entry for a bullish trade, this trade is now free.
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.