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Trade explanation

 

Real trade example – AVGO – Avago Technologies

 

 

symbol

date entry

entry

stop

exit price

exit date

% result

result

risk/    reward

AVGO

11/11/15

120.65

121.75

115.30

11/13/15

4.43

5.35

4.86

 

It is almost similar situation with 60 min triangle and again short trade. But this time action was whippier and for exit we stayed with AVGO three days. It was little smaller reward but still one of better rewards for this month. Point is that AVGO lost 200sma 60 min support area and that is always interesting area for possible swing trade. 

 

Entry chart

 

 

 

Exit chart

 

 

 

 

 

 

This is real example what we used this month. I think that is great education example. If you have any questions just hit reply. I answer all questions personally and I look forward to hearing from you.

 

Ivica Juracich
Xpertstocktrader

 


 

 

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