Tuesday, February 02, 2010

GPRE IN BUYING TERRITORY: SUCCESSFUL TRADE

If you click on the chart to the right, you will notice a green vertical line. This is a buy line based upon my trading plan. I want to enter as near to $13.12 as possible. The chart also has the targets and stop loss also listed on them.

So here is the chart of the final trade. I originally entered at $12.92 based upon the first entry signal which is the first green vertical line. There is a second entry that could have been also performed but I did not have the funds available to do so. Today, the exit signal was triggered at $14.05. That gives a $1.13 profit or 8.75% in 13 days. I will take these anytime.

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