Future Ichimoku Trade of the Week : US Dollor 9-7-2012

On 9-5-2012, we received a 5 time frame Ichimoku Sell on the US Dollar Futures. The email alert is shown below:

The chart setup on the 4h is shown below. The entry was 81.368, initial risk of 81.563, and a preserve mode value of 80.961. The min. reward is 0.407 and a max risk of 0.195. This is a reward/risk of 2:1 i.e. 209% profit.

We are in preserve mode already with a current stop of 80.40. It is a free trade now where our stop if below our entry so as the trend continues, we will lock in more and more of the profits.

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