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Old 06-07-2010, 04:43 AM
Tony Beckwith Tony Beckwith is offline
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Default UK - EXPN...a strange choice?

This is an excellent example for you, on the daily chart of UK FTSE100 component stock EXPN...

Why is this so good?

One reason is that Friday's fall reached the critical 100% risk level - meaning the initial protective stop can be lowered to break-even...this is a free trade from now on!

Notice how MTP has caught previous highs and lows beautifully as well...

If you do not have the software already, please sign up to be invited to the Public Webinar tomorrow, for a discussion of how to use MTP to find and control trades like this: http://www.mtpredictor.com//pricing/Signup.php

Tony
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Tony Beckwith
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MTPredictor Ltd.
International: +44 (0) 20 8783 0322 [UK]
from Europe: 00 44 20 8783 0322
www.mtpredictor.com | www.mtptrader.com | www.mtpredictor.blogspot.com

MTPredictor, Isolation Approach, Techniques Curve & Decision Point are trademarks of MTPredictor Ltd.

Risk Disclosure & Performance Disclaimer: Trades shown are hypothetical, not executed. They are shown for illustration and training purposes only. Trade at your own risk.
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  #2  
Old 06-10-2010, 05:49 AM
Tony Beckwith Tony Beckwith is offline
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Default

UPDATE

Here's the chart for you to follow, as the close of play yesterday, Wednesday 9 June.

Remember the key point - the position can be protected at break-even because price fell to the 100% risk level.

Tony
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__________________
Tony Beckwith
Sales & Business Development
MTPredictor Ltd.
International: +44 (0) 20 8783 0322 [UK]
from Europe: 00 44 20 8783 0322
www.mtpredictor.com | www.mtptrader.com | www.mtpredictor.blogspot.com

MTPredictor, Isolation Approach, Techniques Curve & Decision Point are trademarks of MTPredictor Ltd.

Risk Disclosure & Performance Disclaimer: Trades shown are hypothetical, not executed. They are shown for illustration and training purposes only. Trade at your own risk.
Reply With Quote
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