Malaysia Stock Ichimoku Trade of the Week (25-3-13) 5132-KLS DELEUM BHD

On 25 March 2013, we received a 4 TF buy signal for the DELEUM BHD stock.

Below is the email alert:

 

 

 

 

 

 

 

 

The entry for this trade is 2.03 with initial stop at 1.98 and our preserve mode is at 2.08 and target 2.18. If we can reach our preserve mode, it will be a 100% reward risk ratio. It triggered our entry and our current stop is now at 2.18 with 300% reward risk ratio. Below is the H1 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

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About the Author Maneshkumar Patel