TRADING FORK EXTREMES – 3 month Setups. - Page 23

Summerset · 04-09-2007, 03:27

Quote:

Originally Posted by Summerset

Limit long for 2.5% Exposure at 115.55. Stop at 115.05. TP/1 at 117.7, TP/2 at 119.30- This is a positive premuim trade.

Profitable Trading

Filled & Running, same stops & targets

Summerset · 04-09-2007, 03:31

Quote:

Originally Posted by Summerset

3700 filled on break
Add 1.5% at 3675 istead of 3630. Stop at 3600. Target 3840 too

3700 Stopped at 3625.
Holding 1.5% at 3675, with stops at 3600, & Target 3840

Summerset · 13-09-2007, 06:53

Quote:

Originally Posted by Summerset

Buy Market <6770> to 1.5% exposure.
Add by limit order to another 1.5% exposure at 6755.

Eurosterling has been consolidating in a flag pattern that is supporting on the broken top of a symmetrical triangle. (see chart below). The pair has also been moving upwards in a serries of bull flag formations.

The current formation's target is 6850.
We will target 6845 for half of the position size.

Profitable Trading

6845 Target reached
Double on Remaining position @ 6835.
Target 50% at 7000, & remainder 7200

Summerset · 13-09-2007, 06:57

Deleted multiple posting

Summerset · 13-09-2007, 07:00

Quote:

Originally Posted by Summerset

Limit long for 2.5% Exposure at 115.55. Stop at 115.05. TP/1 at 117.7, TP/2 at 119.30- This is a positive premuim trade.

Profitable Trading

If U hadn't rasied stops to b/e when price made 116.4, then the 115.05 stop would have hit a long time ago.

As a pre-requistie rule to positions always raise stops to entry once 50 pts had been made in the trade's direction. - But do not trail.

Summerset · 13-09-2007, 07:04

Quote:

Originally Posted by Summerset

Buy a break for 1.5% Exposure at 3700 Target 3840, SL 3625
Buy a Limit for 1.5% Exposure at 3675 Target 3870, SL 3600

There is a double hammer formation in a bullish daily triangle - see Chart attached. Target can reach 3880.

There is a bullish signal on daily. We will signal when there is one on 4hr. We expect one, that's why we intend to buy a break of 3700

Profitable Trading

Stop Loss hit on both portions, though price did cross 3880 a while ago.
We are currently side lined, and will attempt to sell 3970 on signal

Summerset · 14-09-2007, 06:27

Quote:

Originally Posted by Summerset

6845 Target reached
Double on Remaining position @ 6835.
Target 50% at 7000, & remainder 7200

Filled at 6835.
Place stops at 6800 (6835+6763)/2
1st target 7000, & final 7200

Summerset · 14-09-2007, 06:29

Quote:

Originally Posted by Summerset

We are currently side lined, and will attempt to sell 3970 on signal

Sell Market (3875) to 2% exposure. Stop 3935
1st TP @ 3780- 2nd Open