Monday, April 22, 2013

Trades for 15th April,2013

Trade 1


Short MRO               From our watch list

                                Entry 31.82/Stop 31.95

                               Target  1  31.65                           1/2 + .17
                               Target  2  31.40                           1/4 + .42
                               Target  3  31.00                           Target hit but it was too fast we only got +.62

                               risk/ Return     = .13/.62    = 476%


Trade 2



Short HRS                  From our watch list.

                                   Short  43.42/Stop 43.50

                                   Target  1           43.20               1/2 + .22
                                   Target  2           43.00               1/2 +. 42

                                   risk/Return   = .08/.42  =525%

Trade 3



Short INFI               From our watch list.

                               Entry  38.92/Stop 39.01

                             Target    1        38.50                      1/2 +.42
                             Target    2        38.00                     But we closed the trade  1/2 +.67

                              later it dropped to our target @38.00

                             risk/Return    = .09/.67  = 744%

Trade 4
                           
We were in EMR     we took  1/2 for +.17 and the rest we got stopped out.

 We called it a day.

 Great day at the river today.  Our bucket was full and we walked away happy.

 Tomorrow is another day at the river.

      

                   
                               



















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