Charity Trading Account -- Trades for 20/08/07

[EK1]

Please make suggestions for our Charity Trading Account (details here) for trades on 20/08/07.

Please abide by the following restrictions:

All trades must have an entry point
All trades must have an exit (target) point
All trades must be good for that day only (no rollovers to start with)
All trades must have a stop

No trades will be made in non-UK Equities or in Heating Oil or Natural Gas contracts.

The maximum stake will be £1 a point in indices, energy and metal commodities and Currency Markets. The maximum stake in all other contracts shall be £2.

Please suggest your stake along with your suggested instrument.

Please do not use this thread for anything other than trade suggestions. Irrelevant posts will be deleted without explanation.

Our thanks to Capital Spreads for setting up the account.

Good trading,

EK1

 

[fibonelli]

EuroStoxx50
short 4198
stop 4218

target 4158

30 min chart shows a rounding top and failure to penetrate 4223

 

[EK1]

Monday's trades
9.56 Buy 1 FTSE @ 6119
10.02 stopped @ 6109
Loss = £10

10.04 Sell 1 FTSE @ 6109
10.07 stopped @ 6119
Loss = £10

Didn't get that trade on Fib - usually trades are only placed in the morning around 9.30am

EK1