Monday, February 9, 2015

09/02/2015 update

ASML stopped.
Added little more to Oil shot around 53.1.Stop is at 54.34
Mittal opened very strong despite weakness in global markets and closed close to my stop.
Lost the profit on ASML.
Same story in Halliburton and GE.As weel as Crude.

It shows me that entering a trend, the most probable profit is the first 1*2% bounce from the trend support and resistance. The rest is 50-50%.Thus I decide to revize the biggest first exit within 1*2% of the bounce from resistance matching the lower time frame Moving Average supports or resistances.

Results are below:

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