On June 20, 2014, we received an Ichimoku Stock 6 time frame Buy email alert GAS, AGL, Resource. inc from www.ichimokutrade.com. Here is the email alert:
Due to a consolidation, we are going to put a pull back trade on the 30m. The entry is 53.56. initial stop of 53.41, and a preserve mode value of 53.96. This gives a max risk of .15 and a min reward of .40. The reward/risk will be greater than 3:1, i.e. 300% +. Here is the chart setup:
The trade entered in went to preserve mode. The trade was exited at 54.36.
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.