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:
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:
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
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