Trade setup on First Energy
Date : 16/02/2011
Stock : First Energy (NYSE) USD
Ticker : FE.N
Market : NYSE
In : 39,50 USD
Target : 40.74 USD
Stop : Double ATR = 38,26 USD
Comment
Overbought confirmed by Center of Gravity, Timing and Dynamic RSI
Money management:
Account : 10.000 USD
Max loss: 3% = 300 USD
Stop @ 38,26 = 1,24 USD
Position: 300 : 1.24 = 241 stocks
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