UNM, SCRL :SP500 7 Timeframe Ichimoku Email Alert for the week ending Nov 11

UNM SP500 7 Timeframe Ichimoku Email Alert for the week ending  Nov 11.  On  Nov 7, we received a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert:

0711_7tf_unm_pb_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:

0711_7tf_unm_pb

There is a 120/60/30/10 iMTF Support@36.33, which is also our entry. Initial stop is 36.19.  Our target will be the pivot high @ 36.87. 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 8 Nov. It reached our target on 9 Nov.

SRCL SP500 7 Timeframe Ichimoku Email Alert for the week ending  Nov 11.  On  Nov 9, we received a 7 time frame Ichimoku Multiple time frame email alert at www.ichimokutrade.com.   Here is the email alert:

0911_7tf_srcl_pb_alert

Based on the 3 Step Trading Plan published earlier. (https://www.ichimokutrade.com/c/?p=10431), we looked at a iMTF Bearish Pull Back Trade on a 30m time frame provided by eSignal.   Here is the chart setup:

0911_7tf_srcl_pb

There is a 120/60/30 iMTF Resistance@73.60, which is also our entry. Initial stop is 73.91.  Our target will be the pivot low @ 72.24. 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 9 Nov. We got stopped out on 9 Nov.

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 Eric Chai