Currency Forex Ichimoku Trade of the Week : USDJPY 8-31-2012

On 8-28-2012, we received a 6 time frame Ichimoku Email Alert sell on USDJPY for the Currency Forex market. The email alert is shown below.

The chart is shown below. The entry is 78.88, initial stop of 79.06, and a preserve mode value of 78.20. This is a min. 68 pip reward and a max risk of 18 pips. This is a 3:1 reward/risk ratio i.e. 377% profit return.

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

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About the Author Manesh Patel