10 November 2007

12-11-07 : BIDU put setup

BIDU put trade setup is possible.

CFD strategy
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Price = 343.
target = 300 (43 profit max)
cut = 351 (12 loss max)
risk:reward = 1:3.6
duration = 5 days

Options strategy
================
Option choice = Dec07 $300 put
option price = $15.50
target = $25.50
cut = $10.50
Risk:reward = 1:2


3 comments:

millionaire mind said...

yes.. BIDU down trend is quite clear. with the support of MACD as well. if the candle below MOV50 then is 100% sure down trend.

millionaire mind said...

may i know how u get the percentage figure? Is it one of the techical indicator? tks!

millionaire mind said...

bidu clear down trend with support of MACD & MOV 10 & MOV 20. will go for put option