Tuesday, May 18, 2010

DJIA Intraday Analysis 18-05

Closed Sell breakout 10.680 at 10.450 stop 30p = Profit +230 points. 
Closed Buy breakout DJIA 10440/10.530/10.620 (trendline) target 10.810 (ex support), stop loss 30 p.
Profit:  +370p + 280p + 190p =840 points. Track record 6 Trades: (-65p-30p+370p + 280p + 190p-30p+230p). Total Net +945 points = Average +135 points/trade.

Sell break 10.400 & 10.290 & breakout 10.200 target 10.000 stop 30p. Buy 9.900 stop 100p, target 10.800, buy breakout 10.680 & 10.840 target 11.000 stop 30p.

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