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Friday, January 19, 2007

ERTS Long trade

Here I bought ERTS on 18th January around 7pm. The conditions were

30min chart = SuperTrend Buy bias ( Price above green line )
5min chart = MACCI oversold (MACCI magenta color and turning up )
5min chart = Price close to lowerMPD band
Target = at least the upperMPD band

The trade was carried forward to the following day. Limit order executed.

Actually, it went up 50cent more than the limit price. Still, it was a good trade!