Singapore Stock Market Ichimoku Trade of the Week: 8-3-2012

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On 7-30-12, we received a buy email alert on J37-SES. It was a 3 time frame buy signal. Here is the email:

The trade setup is shown in the chart below. Entry is 31.500, initial stop is 30.850, and a preserve mode value of 32.500. The reward is 1.00 with an initial risk of 0.65. This is about 150% profit return. The chart chart is shown where you can see the price is at 35.140 today. Our current stop is 34.50.

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

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