On June 19th, 2015, we received an Ichimoku 4 time frame buy email alert on CRH-LON, CRH PLC for the UK FTSE Stock Market. The email alert is shown below:
In the chart below, the vertical line represents the email alert time. We had a mutli-time frame level at 1860.598 which also lined up with our Ichimoku levels. We did a 1hr pullback trade to the KS. Our entry was 1860.598, with a stop at 1848.982 and target of 1914.720. Our initial reward/risk was (4.7):(1).
See chart below for setup…
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 cannot 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.