Trades for 7th May,2013

Trade 1

Short MRK               From our watch list.

                                 Entry  44.97/Stop 45.05    Stopped -. 08


Trade 2

Short ARUN         From our watch list.

                             Entry  17.02/Stop 17.10

                             Target  1           16.86             1/2 + .16
                             Target  2           16.70             Never hit     more fore + .15  and b/e.

                              risk/Return  = .08/.16 = 200%

Trade 3

Short  NIHD           From our watch list.

                               First entry  7.24/Stop 7.35               Stopped for -.11

                               Second entry  17.18/Stop 17.25

                              Target  1         17.04                        1/2  + .14
                              Target  2         16.86                        1/4  + .32      
                              Target  3         16.50                         Never hit   . Covered all for + .15

                               risk/Return   =  .07/.32    =  450%  

                  
                            I emphasise on this NIHD.
                    
                           This is the fourth day in a row ,where we took profits from NIHD to a total of 1.36!

                           This is where your trade management skills come into play.