Ichimoku Future Trade of the Week : Oats 6-26-12 2Hour Chart

On 6/26, there was a bullish opportunity for Oat Futures. It was a 3 timeframe buy opportunity. Below is the chart for the trade Setup. To keep the risk low, a pull back trade was executed with a entry at 330.02, initial stop of 319.79, and an aggressive PRESERVE mode value of 353.52. This would give us a risk of 10.23 and a min. reward of 23.50. This would be a min. of 230% profit for this trade.

The trade triggered on 6/26 and is still active today. We have reached our PRESERVE mode value so we are tightening our stop to protect our profits. The current stop if 348.66. Since we entered at 330.02, this is now a FREE trade. We have “locked” in 18.64. As the trend moves up, our stop will move up and lock in more profits.

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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 provide d on the Blog is for educational purpose

About the Author Manesh Patel