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mandag 15. desember 2008

Monday Update. Playing the wedge!

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DJI- Trading close to BDD=8507. BDD appears as the short term support level. If DJI breaks BDD on the downside, it also confirms breakout of the bearish rising wedge with a downside potential of (-23,37%). DDHigh=9067 DDLow=7567 gives risk reward calculation (+4,36%/-12,70%):
STL- Trading at BDD=112,5. DDHigh=117,5 DDLow=105,6 gives risk reward calculation of (+4,66%/-5,74%). Bear/Bull signal given if close is belove/above BDD. Present trading is in no man`s land:Active Trades: LONG TMT Tech Basket U.S (-21,06%) LONG LCAPA (+12,31%) SHORT SDRL (-10,80%) SHORT REC ( 8,33% ) LONG Xcact BEAR (-15,77%) LONG DUG (-9,98%) (click)

Active Trades P/L: (-36,97%)
Executed Trades P/L: (+243,42 %) (click)

Total P/L: (+206,45%)


Terminology: My Dynamic Theory

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