May 11

Stock Trade of the Week : May 9, 2014 -> 7 time frame SP500 Ichimoku Buy CCE, Coca-Cola


On May 8 2014, we received an Ichimoku Forex 7 time frame SP500 Buy email alert on CCE, Coca-Cola Enterprises from     Here is the email alert:


The 4h had a cloud breakout strategy so we setup for a pull back trade on that time frame.   The entry was 46.08, initial stop of 45.91, and a preserve mode of 47.06.   This would give a max risk of 0.17 and a min. reward of 0.98.   This would give a min. reward/risk of 5:1 i.e. 576%+.   Here is the chart setup:


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