Ichimoku Malaysia Stock Trade (30-7-2014) 5437-KLS TENAGA NATIONAL BHD

Yesterday we received a buy email alert opportunity for the Malaysia Stock Tenaga National Bhd.

Below is the email alert:

5347-EMAIL

 

 

 

 

 

 

 

 

 

 

 

 

The cloud breakout strategy is setup on the 120m from the email alert. I setup a bullish cloud breakout higher than the all time high with entry at 12.62, initial stop at 12.38 and preserve mode alert at 12.85. As this was breaking the all time high, therefore I set the reward risk ratio at minimum 100% and will continue to lock more profit if it potentially starts a bullish trend.

Below is the chart:

5347-CHART

 

 

 

 

 

 

Our upcoming course (Ichimoku Trading System & Options Trading) in Singapore will be on 11 & 12 October 2014. 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  or glian@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.

About the Author Maneshkumar Patel