Live Ichimoku Trade Setup Forex : AUDJPY 1h Bearish Trade Setup 5-31-13

The 1 hour time frame for the AUDJPY currency is setting up for an Ichimoku bearish pull back trade for the forex market.   The yellow line is entry.   The red is your max stop which will move.  The max risk is 17 pts with a min. reward of 92 pts.   This gives us a 5:1 reward/risk i.e 541%.   Here is the trade setup:

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About the Author Manesh Patel