Charity Trading Account -- Trades for 16/08/07

[EK1]

Please make suggestions for our Charity Trading Account (details here) for trades on 16/08/07.

Please abide by the following restrictions:

All trades must have an entry point
All trades must have an exit (target) point
All trades must be good for that day only (no rollovers to start with)
All trades must have a stop

No trades will be made in non-UK Equities or in Heating Oil or Natural Gas contracts.

The maximum stake will be £1 a point in indices, energy and metal commodities and Currency Markets. The maximum stake in all other contracts shall be £2.

Please suggest your stake along with your suggested instrument.

Please do not use this thread for anything other than trade suggestions. Irrelevant posts will be deleted without explanation.

Our thanks to Capital Spreads for setting up the account.

Good trading,

EK1

 

[tightstops]

buy the euro i think the move down has just been made - stop just below the low mines at 1.3382
buy spot euro whenever you next see this page
stop 1.3382
target 1.3940

 

[EK1]

Order in to buy DAX @ 7314 (options)

Long EUR @ 1.3429 (tightstops)
stop 1.3382
target 1.3940 (think this should be 1.3490 though tightstops?)

EK1

 

[tightstops]

no 1.3940
if this holds i think theres a few hundred pips in it

 

[EK1]

1.3940 it is then, would be nice

 

[EK1]

Thursday's trades:

9.49 buy 1 EUR/USD @ 1.3429
11.35 stopped @ 1.3382
Loss = £47

13.49 buy 1 DAX @ 7314
16.33 stopped @ 7266
Loss = £48

EK1