Tuesday, May 20, 2008

Prediction based trade 52 and 53

Dow down 114 points  and nasdaq 15 down

 

 

Trade 52: Buy 1 nasdaq futures when nasdaq is  down 22 points in next 2 hours and second lot when nasdaq is down 31 points. Stop loss when nasdaq is down 41 points. Protect profits for 10 point advantage after purchase

 

 

Trade 53: Sell 1 dow futures if dow rises 70 points in next 1 hour from present level

 

Disclaimer: all risk to be borne by trader

 

 

Note Nasdaq likely to see good bounceback today with dow joining bounce back  in late trade

 

Profit and loss from trades 46,49,50,51 will be posted later

 
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