June 15 Currency Forex Ichimoku Trade of the Week : AUDCAD Bullish 60m Trade

The week before, we traded a bearish counter trend on AUDCAD. This week, we got a 5 timeframe buy signal on June 14 for a buying trend opportunity on the AUDCAD.

The Entry was 1.0235 with a stop of 1.0226 and a PRESERVE mode value of 1.0314. With these values, we would get a reward of 79 pips with a risk of 9 pips. A reward/risk of 877%.
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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