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 www.ichimokutrade.com.     Here is the email alert:

weekly_stock_5_09_14_email

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:

weekly_stock_5_09_14_chart

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

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.

About the Author Manesh Patel