Monday, July 20, 2009

Hang Seng broke year high!

Hang Seng broke its 2009 high today, and I am going to long.



Trade Plan:



Buy 2 lots HSI @19,588 (notice the small size.)

SL: 18,888 (700 pts), just below old high of 19161

TP1:20,288 ( below 20,572 low)

TP2: 21,688

Potential Loss: $280
Potential Profit: $560

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