On March 21st, 2016, we received an Ichimoku 5 time frame Buy email alert onGKN-LON, GKN for the UK FTSE Stock Market. The email alert is shown below:
We had a multi-time frame support at 285 and most of the other time frames were pointing to a bullish movement. Our entry was 285 with a stop at 284 and a target at 293. Our reward to risk was greater than 3 to 1, which allowed us to take the trade.
Unfortunately we got stopped out on the same bar we entered on.
See chart below for setup….
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 email@example.com
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