$M35-SES : Singapore 5 Timeframe Buy Ichimoku Email Alert

$M35-SES : Singapore 5 Timeframe Buy Ichimoku Email Alert   We received a 5 Timeframe Ichimoku Buy Email Alert on March 7, 2016. Here is the email alert:

0703_5TF_M35_PB_Alert

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a iMTF Bullish Pull Back Trade on a 120m time frame.  Below is the 120m chart provided by eSignal.

2017-03-13_105634m35

 

The iMTF™ support was at 1.820(black squares).    The green shaded area is the bullish setup zone.   As a result, the entry was 1.820, initial stop of 1.808, and the target will be the pivot High @ 1.870. The reward risk ratio was a 3:1, hence we decide to take the trade as it did fit our trade plan. The trade has been triggered on the 9 Mar and was triggered our target on Mar 9.

Current, the IMTF™ supports have moved higher to the value of 1.850 and the current stop is at 1.834.

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

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 Eric Chai