On 8th October 2014, we received a 5 timeframe buy signal for the Singapore Stock Creative 50. Below is the email alert:
The strategy for this opportunity was a bearish consolidation break out. The entry is $2.101, initial stop is $2.184 and preserve mode $1.987. If it can reach the preserve mode, it will be a minimum 161% reward risk ratio. Below is the chart:
Notice also the breakout entry was also the brearish consolidation breakout in the past & breaking the pivot low in Jan 2012. Below is the chart:
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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