Brazil Stock Ichimoku Trade of the Week: MDIA3-BSP Biasbranco 8-17-12

On Aug 15, 2012, we received a 4 time frame Ichimoku buy on a Brazil Stock MDIA3-BSP, M.Diasbranco. The email alert is shown below:

Here is the chart. It shows an entry of 59.53, initial risk of 58.90, and a preserve mode value of 61.29. This is a min. reward of 1.76 and a max risk of 0.63. This is a min. reward/risk of 279%.

The trade was exited in preserve mode at 60.96.

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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About the Author Manesh Patel