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 сonditionally 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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