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TOPIC: BAE SYSTEMS

BAE SYSTEMS 04 Jan 2014 16:10 #1

  • diver993
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dl.dropboxusercontent.com/u/7238706/BAE%20SYS..png
There would appear to be the opportunity of a decent short here. Some might prefer to wait for a test of 419 for entry but 354 would appear to be a reasonable target both mathematically and as an active support level. There is also a gap at 333. Stop would need to be above 460.
This is merely a heads-up and not a recommendation so please DYOR.
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BAE SYSTEMS 14 May 2013 19:46 #2

  • redchilly
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Appreciate your kind words Libero.

I normally close half of my position at 1:1 R: R or near a previous high which would have been near 400 for BAE in this instance. Then live the rest to run as a free trade up to 1:3 R:R for stocks and may be 1:4 sometimes for Forex if there is a strong technical reason.

Glad you took the trade. I didn't look at the chart yesterday...it made a 123 breakout and could have entered yesterday as well but only caught my eye today when I was Scanning FTSE 100 Stocks!

I took couple of other Long trades today will post a chart soon when I get some time :)
dyor
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BAE SYSTEMS 14 May 2013 17:36 #3

  • Libero
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Don't be discouraged Red Chilly.

I took the trade last thurs (@ 380.9), and exited today (@396.9) - as the technicals were sound; *but*, if it wasn't for *your* validation, I would have doubted myself, and would have opted out of it.

(I guess I owe you a drink at the next CV meet up!)

Looking at your posts and Remo's posts, the % of potentially successful trades is remarkable.

Deutsche Bank get less than 40% of their trades right, UBS fares a bit better at 55% (admittedly, they use a wider set of instruments), so don't go kicking yourself - the probability points to you getting another great trade - and soon!

Interested to know why you favour a 1:2 R:R ratio though. I tend to favour 1:3 or 1:4 sometimes.

Keep at it!
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BAE SYSTEMS 14 May 2013 17:20 #4

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This is flying & I'm kicking myself :sick:
image_2013-05-14.jpg


Oh well! may be some other day but can't stop feeling gutted....that was a 1:2 R:R ratio trade out the window :huh:
dyor
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BAE SYSTEMS 10 May 2013 09:15 #5

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gap down this morning...don't like it :woohoo:
bad news?? don't know lol
Closed at near breakeven
dyor
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BAE SYSTEMS 08 May 2013 22:48 #6

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Long @ 380
SL below 371
Target 400
image_2013-05-08.jpg
dyor
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BAE SYSTEMS 22 Mar 2013 19:20 #7

  • Rossymc
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Stopped

RMc
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BAE SYSTEMS 22 Mar 2013 09:23 #8

  • Rossymc
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Now stop BE

1 contract at 384

RMc
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BAE SYSTEMS 21 Mar 2013 18:34 #9

  • Rossymc
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Think I'm in this on my own.

Entry 393
Stop 403
Target 350 and 333

Gla RMc
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BAE SYSTEMS 19 Mar 2013 22:49 #10

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This is smack on the trend line now

Lets see what tomorrow brings?

RMc
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BAE SYSTEMS 17 Mar 2013 17:37 #11

  • Rossymc
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Here is the weekly

screencast.com/t/3ja1blnEVJ

Daily view

screencast.com/t/NXJdfrq80

RSI over 70 on weekly and daily.
Watch this, midweek opportunity :whistle: ?

RMc
Last Edit: 17 Mar 2013 17:38 by Rossymc.
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