On July 12, 2013, we received an Ichimoku 6 Time frame buy on the Stock CVX, Chevron. Here is the email:
The daily was setup but the risk would be high so we are going to trade the 4h time frame. On the 4h, the entry would be a pull backed to the red line (Tenkan Sen) at 123.84, initial stop of 122.85, and a preserve mode value of 127.32. The max initial risk is 1.00 and the min. reward is 3.48. This would give us a min. reward/risk of 3:1 i.e. 300%. Here is the chart setup.
We reached preserve mode two days ago and just got stopped out for a profit at 126.90.
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