Europe - UK BSkyB profit

[Tony Beckwith]

Hello to traders on the UK markets

Firstly, thanks to everyone who joined our UK webinar yesterday - here's the updated BSY chart we discussed, showing an open profit of +5.7x, using the trailing stop for protection.

Key point - the stop - at the very least - was lowered from its initial price to break-even, for a free trade, when BSY reached 100% initial risk (risk/reward of 1:1)...

Thanks

Tony

[Tony Beckwith]

UPDATE: +6.8x profit open at the close yesterday, with the trailing stop moving down protectively above price.

{Remember - this set-up was found automatically by the EOD Scanner after the 27 Dec 07 session closed}

Thanks

Tony.