RAI SP500 7 Timeframe Ichimoku Email Alert for the week ending June 10. On June 6, we received a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com. Here is the email alert:
Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a Bullish Pullback Trade on a 2h time frame provided by eSignal. Here is the chart setup:
RAI has MTF at D, 4hr, 2hr, 1hr, and 30m time frames. We will need to set the target at 3:1 reward risk ratio. Entry is 50.40, Initial stop is 50.17 and our target at 3:1, which is 51.40. The Pull back was triggered on June 8. As of the time of writing, price is at 51.15.
PBCT SP500 7 Timeframe Ichimoku Email Alert for the week ending June 10. On June 7, we received a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com. Here is the email alert:
Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a Bullish Pullback Trade on a 2h time frame provided by eSignal. Here is the chart setup:
PBCT: MTF on the D, 4hr, 2hr, 1hr, and 30m time frames. It did pull back, however my rules for Pull backs need to have 3:1 reward risk ratio and this does not have it. I will not take this trade, even though it went and bounced up at my MTF Pull back level.
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
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