Ichimoku Stock Trade of the Week : Oct 4, 2013 : MAN Manpower Group Buy

On Oct 3, 2013, we received an Ichimoku 7 multi time frame Buy email alert on the stock MAN, Manpower Group for the SP400.   The email alert is shown below:

 

We setup the chart on the 4h time frame.  The Entry was 73.75, initial risk of 73.43, and a preserve mode value of 75.32.   The min. reward is 1.57 and the max risk is 0.32.   This would give you a 4.9:1 reward/risk i.e. 490%.    The chart is shown below:

 

Currently, we are in preserve mode and the trade is free i.e. the stop is above our entry.

 

If you would like to learn how to trade like an institutional trader or learn more about our multi-timeframe email alerts, go to www.ichimokutrade.com or email us at info@eiicapital.com

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About the Author Manesh Patel