On Feb 24, 2013, we received an Ichimoku 6 Time frame sell email alert for the NZDUSD currency for the Forex Market. The email alert is shown below:
The entry was 0.8412, intial risk of 0.8425, preserve mode value of 0.8315 and a target of 0.8264. The max risk is 24 pips and a min. reward of 86 pips. This would give us a min. of 3.5:1 reward/risk ratio i.e. 350%+. If we got to the target, we would 137 pips. Here is the chart:
We got to the preserve mode value and then the target so the trade was closed out.
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