Thursday, June 21, 2007

Long Term Trading

From now on I will add some diversification to my short-term trading. I will take Long Term positions and will report them under Trades2.x in my diary. These positions will last anywhere between 1 week and 6/8 weeks. I will post the entry and initial stop as I enter the position and report them once they are closed out. Let's begin with the first such entry realized this am....

Long July 07 Copper : Entered on June 20th.

Long: 3,4270 -- Initial Stop: 3,2500 -- Profit-Objective: 3,9725 -- R/R: 3,08R

Bullish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III

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