Brazil Stock Market Ichimoku Trade of the Week : CMIG4-BSP, CEMIG 9-14-2012

On 9-11-2012, we received a 5 Time frame Ichimoku Sell Email alert for the Brazil Stock Market. It was on CMIG4-BSP, Cemig-PN N1. Here is the email alert:

The chart setup is shown below. Entry was 35.09, initial risk is 37.37, and preserve mode is 29.12. This is a reward/risk of 5.97/2.28 i.e. min. 261% profit.

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EDUCATIONAL USE. Commodity Futures Trading Comission, Forex, Futures, Equity and options trading has large potential rewards, but also 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 Manesh Patel