This is an update for the following post : CLICK HERE
The stock did not reach our entry and therefore it was no trade. However, it turned out to be a good trade. Breakout traders would have made a good profit out of this move.
Below is the updated chart:
If you would like to know if pullback or breakout trading is suitable for your personality, go to www.ichimokutrade.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.