Technical Trades
Technical Analysis applied to Stocks and Futures.

BIDU

2% risk presents right here as I post this chart; price falls to intraday pivot. The weekly is very bullish and the other technicals support the long side. But it’s all about good r/r entries, and one presents right here. Short-term target is 100, then 150. R/R is 12.5 (+25%:-2%) at this level; very nice numbers.

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3 Responses to “BIDU”

  1. Stop to just under the pivot after that +1.8% move.

    admin - June 23rd, 2006 at 3:12 pm

  2. stop to even now.

    admin - June 27th, 2006 at 3:36 pm

  3. Stopped for even after a +2.5% move.

    admin - June 28th, 2006 at 11:13 am

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