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Ichimoku Japan Stock Trade for the Week ending June 12, 2015: 3 time frame Sell 9008-TSE, KEIO CORP

June 10, We received an Ichimoku 3 time frame Sell Email alert on A9008-TSE, KEIO CORP.  Here is the email alert:

9008-TSE - alert

We used a pullback strategy to keep our risk low because it has a multiple time frame matching level. We are going to use the 240m time frame to setup the pullback trade.

The entry was 902.14, initial stop of 908.15, preserve mode of 876.78.

The risk is 6.01 and the reward is 25.36 to preserve mode. Reaching to preserve mode, it is more than 3:1 reward/risk ratio.

Here is the chart for reference:

9008-TSE

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

 

About the Author Ludovic Chou