$UK Stock Market Trade of the Week $PSON-LON 6 time frame buy opportunity. On June 9 we received a 6 Timeframe Ichimoku Buy Email alert for PSON-LON, Pearson Ltd. Here is the email alert received.
Our trading plan allows us to trade Strategy #4. We chose the trade the 60 minute timeframe. Below is the chart provided by Esignal.
When the setup occurred we had IMTF™ support at 712.346 which matched with the KS we therefore setup a pullback trade at this value with a target value of 724.56 giving us a reward/risk ratio of close to 5:1. We entered the trade shortly after, and we are still in the trade. Here is the result so far.
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 firstname.lastname@example.org
For educational purposes only. Commodity Futures Trading Commission, Forex, Futures, Equity and Options Trading has large potential rewards, but also has large potential risk and may not be suitable for everyone. View our full risk disclosure: https://www.ichimokutrade.com/c/disclaimer/