Friday, April 25, 2014

United Engineers (UE): Whooping 26% profit!


Closed UE for a small 26% profit! However I admit I was late in the entry as I was distracted from work during the period of breakout. Though it might go higher later, closed for profit first as it has gone too far up and BBs are waiting to dump shares at 2.40 to buyers resulting in a reaction.

Friday, April 4, 2014

Noble Group: A Simple Fibonacci trade

A simple trade on Noble Group. Traded based on fibonacci which it rebounded on 38.2%. Entered the trade abit later cause of busy work schedule that I keep forgetting to place the trade. Let go at 1.30 as that seem to be the dumping point for BB. It went to a high of 1.31 closing on thursday before dropping to 1.28 today.