Sunday, January 27, 2013

Enbridge Inc (ENB) signal


TRACKING

28 January 2013. BUY at 43.95.
29 January 2013. Take profit at 44.52
Profit: 0.57
1 order profit fixed.
Now at 44.50
Profit: 0.55

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Endridge Inc last day candle closed in the shadow of the previous candle.


Put two pending orders. Then —Āonditionally divide each order into three parts.

BUY order

Entry price: 43.95

1st part

Take profit: after 5 completed trading days
Stop loss: 43.75
If Stop loss order fires then automatically put the same Sell order with the same Take profit

2nd part

Take profit: 5 days trailing stop
Stop loss: 43.75
No need to put the same Sell order

3rd part

Take profit: 44.52 (423.6 Fibo level)
Stop loss: 43.75
If Stop loss order fires then automatically put the same Sell order with Take profit at 43.18 (another 423.6 Fibo level)

SELL order

Entry price: 43.75

1st part

Take profit: after 5 completed trading days
Stop loss: 43.95
If Stop loss order fires then automatically put the same Buy order with the same Take profit

2nd part

Take profit: 5 days trailing stop
Stop loss: 43.95
No need to put the same Buy order

3rd part

Take profit: 43.18 (423.6 Fibo level)
Stop loss: 43.95
If Stop loss order fires then automatically put the same Buy order with Take profit at 44.52 (another 423.6 Fibo level)

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