Singapore Stock Ichimoku Trade of the Week (9-9-13) A17U-SES ASCENDASREIT

We received a 3 timeframe buy signal on 9th September 2013 for the Singapore Reit AscendasReit.

Below is the email alert:

 

 

 

 

 

 

 

 

 

The entry is at $2.18, initial stop at $2.164, preserve mode at $2.219 and target $2.265. If we can reach our preserve mode, it will be a 287% reward risk ratio. Our entry was triggered in 11th September and we exit at our target because we were trading against the higher time frame direction.

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 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 Maneshkumar Patel