21 October 2007

19-10-07 : BSC new put trade

Before close of the market on 19-10-07, a new BSC put option position was initiated, after just sold the 2 put contracts earlier. This trade is treated as separate from the previous, and is based on totally different entry signals.
Entry signals shown up in daily, 15min and 5min charts respectively :

Daily chart
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15min chart
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Reason to enter : Break 120 down.

Take profit pt : reach 110

Cut loss pt : above 121

Expected holding period : 5 days

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