Wednesday, April 30, 2008

Prediction based Trade 20: US market April 20

Mini Dow ($5) trading at 12865 ( +39) . Dow 30 index is up 50 points.

 

Sell one lot of mini Dow futures at limit price of 12875 ( if available in next  one hour) that is  before .850 pm Indian time or 11.20 am US eastern time. Likely to become  profitable before 1.30 pm as per US time before FED policy announcement. Stop loss when mini dow $5 futures hits 12885 after purchase   

 

Disclaimer: all risk to be borne by trader

 
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