Blackrock Incorporated (BLK) signal

TRACKING

28 January 2013. SELL at 235.84. Now at 237.16.
Loss: -1.32.

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Blackrock Incorporated last day candle closed in the shadow of the previous candle.

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

BUY order

Entry price: 237.76

1st part

Take profit: after 5 completed trading days
Stop loss: 235.84
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: 235.84
No need to put the same Sell order

3rd part

Take profit: 243.90 (423.6 Fibo level)
Stop loss: 235.84
If Stop loss order fires then automatically put the same Sell order with Take profit at 229.70 (another 423.6 Fibo level)

SELL order

Entry price: 235.84

1st part

Take profit: after 5 completed trading days
Stop loss: 237.76
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: 237.76
No need to put the same Buy order

3rd part

Take profit: 229.70 (423.6 Fibo level)
Stop loss: 237.76
If Stop loss order fires then automatically put the same Buy order with Take profit at 243.90 (another 423.6 Fibo level)