TIF SP500 7 Timeframe Ichimoku Email Alert for the week ending Sept 23. On Sept 23, we received a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com. Here is the email alert:
Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a iMTF Bullish Pull Back Trade on a 30m time frame provided by eSignal. Here is the chart setup:
There is a 240/120/60/30/10 iMTF support @72.34, which is also our entry. Initial stop is 72.10. Our target will be the pivot low @ 73.40. Now, the reward risk ratio was a 3:1, hence we decide to take the trade as it did fit our trade plan. The trade has been triggered on the 23 Sept.
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