Ichimoku Future trade of the week 2-1-13 : Soybean Oil

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  • Ichimoku Future trade of the week 2-1-13 : Soybean Oil

On Jan 31, 2013, we received an Ichimoku 4 Time Frame Buy email alert on Soybean Oil Futures.   The email alert is shown below.

The entry was 52.15, initial stop 52.03, and preserve mode of 52.68.   The max. risk is 0.13 and a min. reward of 0.52.   This gives a 4:1 reward/risk i.e. 400% return.   Here is the chart:

We exited the trade at 53.07.

 

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

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