Sunday, June 6, 2010

Risk & Rewards Plan for 7th June 2010

SEE: market is still in sideway trends with few daily candlesticks above trend line. However i still does not show as a reversal pattern from bearish to bullish.

POSITION: will not enter the market unless i have enough time for short term trading.
RISKS:
@2505
Previous high is at 2500

REWARDS:
@2436

Since FCPO still in sideways mode, there are few previous low points (SUPPORT) to be considered as a rewards. I set rewards to be @2436 as my trading plan.

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