Malaysia Stock Ichimoku Trade (12-12-13) 5184-KLS CYPARK RESOURCES BERHAD

  • Home
  • /
  • Blog
  • /
  • Malaysia Stock Ichimoku Trade (12-12-13) 5184-KLS CYPARK RESOURCES BERHAD

On 12th Dec 2013, we received a 4 timeframe buy signal for the Malaysia stock Cypark Resources.

Below is the email alert:

 

 

 

 

 

 

 

The pullback opportunity is spotted. The entry $2.49 is a very strong support, stop $2.47 and preserve mode level $2.56. If we can reach our preserve mode, it will be a 350% reward risk ratio trade. We are setting a preserve mode instead of a target because the higher time frame is still bullish. We will want to protect as much profits if we are right.

Below is the chart:

 

 

 

 

 

 

 

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. All information provided on the Blog is for educational purpose.