We received a 3TF buy signal on 29 May 2013 for the Malaysia stock Public Bank.
Our entry is at 16.73, initial stop at 16.66 and preserve mode at 16.90. When we reach our preserve mode, it will be a 240% reward risk ratio trade. We were aggresive to take this trade because it has a chance to continue its bullish trend despite being less than 300%.
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 firstname.lastname@example.org
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.