Singapore Stock Ichimoku Trade of The Week (16-8-13) C61U-SES CAPITACOMM

We received a 3 timeframe buy signal for the Singapore Stock Capitacomm.

Below is the email alert:

 

 

 

 

 

 

 

 

 

 

 Our entry is at 1.391 with initial stop at 1.426. Our preserve mode level is at 1.358 and target at 1.318. If we can reach our target, it will be a reward risk ratio of 200%. We almost reached our target but we took 80% profits and let the rest ride down south because it is a countertrend play of the monthly chart. Our current stop is now at 1.358.

Below is the chart:

 

 

 

 

 

 

 

 

 

 

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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