On 5/29, we received a multi-time frame buy signal on a Bursa Malaysia. The signal was on a 4HR and a Daily Chart. We entered on the Daily timeframe. Both the Daily and Weekly charts are shown below. The Entry was 1.905 with a stop of 1.72. We can use a target or PRESERVE mode value because it is at an all time high.
The trade has entered and our current stop is 1.82. If we go into PRESERVE mode now where we protect our profits, our stop will be 1.92. With a stop of 1.92 the trade is FREE, no risk.
Our upcoming Ichimoku education in Malaysia will be this 7-8 July 2012. Pls contact Gerald 012-6313696 or email glian@eiicapital.com for more information.
EDUCATIONAL USE. Commodity Futures Trading Comission, Forex, Futures, Equity and options trading has large potential rewards, but also 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 provide d on the Blog is for educational purpose
