4 February 2013. SELL order triggered at 65.98.
4 February 2013. SELL order closed at 67.16 as Stop loss.
4 February 2013. BUY order triggered at 67.16.
5 February 2013. Now at 67.91. Floating profit: $-0.43.
Teradata Corporation last day candle closed in the shadow of the previous day candle.
Put six pending orders. Three BUY orders and three SELL orders.
BUY orders
Entry price: 67.16
1st order
Take profit: after 5 completed trading days
Stop loss: 66.18
If Stop loss order fires then automatically put the same Sell order with the same Take profit
2nd order
Take profit: 5 days trailing stop
Stop loss: 66.18
No need to put the same Sell order
3rd order
Take profit: 70.26 (423.6 Fibo level)
Stop loss: 66.18
If Stop loss order fires then automatically put the same Sell order with Take profit at 63.08 (another 423.6 Fibo level)
SELL orders
Entry price: 66.18
1st order
Take profit: after 5 completed trading days
Stop loss: 67.16
If Stop loss order fires then automatically put the same Buy order with the same Take profit
2nd order
Take profit: 5 days trailing stop
Stop loss: 67.16
No need to put the same Buy order
3rd order
Take profit: 63.08 (423.6 Fibo level)
Stop loss: 67.16
If Stop loss order fires then automatically put the same Buy order with Take profit at 70.26 (another 423.6 Fibo level)
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