Trades fro 7th November,2012
Trade 1
Short CHK From our watch list.
Entry 18.10
Stop 18.20
Target 1 18.00 1/3 +.10
Target 2 17.75 1/3 +.35
Target 3 17.55 1/3 +.55
This trade took us all day long. We were expecting CHK to drop
to 17 area. Didn't happen.
Still we walked away with great rewards.
risk/Return .10/.55 = 550%
We will be watching CHK tomorrow for possible follow through.

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