Brazil Ichimoku Stock Market Trade of the Week : LAME4-BSP, Lojas Americ-PN 9-7-2012

On 9-4-2012, we received a 4 time frame buy on LAME4-BSP, Lojas Americ-PN for the Brazil Stock market. The email alert is shown below:

The chart setup is shown below. The entry is 14.94, initial stop of 14.67, and a preserve mode value of 15.44. This is a min reward of 0.50 and max risk of 0.27. This is a min reward/risk of 1.8:1 i.e. 185% profit.

If you would like to learn how to trade like a professional or learn more about our multi-timeframe email alerts, go to www.ichimokutrade.com

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