Thursday, September 14, 2006

TradingIdeas II

Here are some TradingIdeas again:

1. XRAY, the RSI(2) is below 5 - I expect it to pop up again. Current price: 31.67$. My SL: 31.30.2. QUIK, BearPower is heading downwards, BullPower goes up, current price: 3.11$. My SL: 2.82$.

Also I went short 2 Lots on the EURAUD @ 1.6800 - which turned out a bad entry. Currently (only 30 minutes later!) the price is at 1.6822 again. However, this currency pair is very volatile - so I set my SL at 1.6835 (quite huge, I know!) - but, I expect my gain at 1.6690. Let´s see - I used the 1hour TunnelMethod again.

A short update on my previous TradingIdeas:
- LTS up 10,6% - currently at 1.15$
- PANL up 4,7% - currently at 10.54$
- ABN up 2,9% - currently at 28.18$

Concerning this issue, I will comment on setting a new SL (in order to get into profit!) next time.

The Stockinvestigator

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