$M35-SES : Singapore 5 Timeframe Buy Ichimoku Email Alert

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$M35-SES : Singapore 5 Timeframe Buy Ichimoku Email Alert   We received a 5 Timeframe Ichimoku Buy Email Alert on March 7, 2016. Here is the email alert:

0703_5TF_M35_PB_Alert

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a iMTF Bullish Pull Back Trade on a 120m time frame.  Below is the 120m chart provided by eSignal.

2017-03-13_105634m35

 

The iMTF™ support was at 1.820(black squares).    The green shaded area is the bullish setup zone.   As a result, the entry was 1.820, initial stop of 1.808, and the target will be the pivot High @ 1.870. The reward risk ratio was a 3:1, hence we decide to take the trade as it did fit our trade plan. The trade has been triggered on the 9 Mar and was triggered our target on Mar 9.

Current, the IMTF™ supports have moved higher to the value of 1.850 and the current stop is at 1.834.

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

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