On Jan 22, 2014, we received an Ichimoku 7 time frame Sell email alert on the Stock A&T from www.ichimokutrade.com. Here is the email alert:
The instrument is trading within a consolidation pattern so we are going to keep our risk low by doing a pull back trade. The entry is 34.16, initial stop of 34.35, and preserve mode of 33.18. This gives a max risk of 0.19 and a min. reward of 0.98. This gives us a min. reward/risk of 5:1 i.e. 515%. Here is the chart setup:
The trade is profitable but we are still not at preserve mode right now.
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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