USDCAD Ichimoku Currency Forex Day Trade Live – 8-29-12

Below is a chart setup for a day trade Ichimoku sell multi timefram pullback for the Currency / Forex market. The entry is .9881, initial risk is .9890, and the preserve mode 0.9863. This is a min. reward of 18 pips and max risk of 9 pips. This is a 2:1 min. reward/risk.

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