Monday, December 7, 2009

Bought DBS at 14.78

Cut loss at 14.68
Target 15.26
R = 14.78 - 14.68 = 0.10
Reward = 15.26 - 14.78 = 0.48

14.68 is a breach of the 14D MA.

I will look at End-of-Day data only. Meaning for this trade, I will pretty much decide what to do (cut or take profit) only at the end of the day.

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