On June 26, 2014, we received an Ichimoku Future 7 time frame Buy email alert on CMS Energy Future from www.ichimokutrade.com. Here is the email alert:
The US markets are making all time new high’s. Therefore, we want to keep our risk low so we will trade only pull backs. The trade was setup on a 60m chart. The entry was 30.60, initial stop was 30.52, and a preserve mode of 30.87. The max risk is .08 and min. reward is .27. This gives us over a 3:1 reward/risk ratio i.e. 300%+. Here is the chart setup:
Currently, we are in preserve mode with a stop of 30.87.
EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and Options Trading has large potential rewards, but also has 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.