Tuesday, January 23, 2007

Day Trade: Long BIDU 30-min chart

Entry @ $123.60 / 700
Exit @ $126.73 ***update 10:49am***




Entry : $123.60




Size : 700




Exit : $126.73




Stop Loss : $122.80




Risk : 0.8




P/L : $2,191.00




R : 3.91
This is a channel breakout trade. Entry was when the 1st cstick moved above the top of the channel. Exit was on the 3rd cstick when it started to slide again.

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