Wednesday, August 21, 2013

Trading Tips for the Day - 21 August 2013

FKLI will likely open lower as Dow Jones failed to recover last night.  For the first trade, one can attempt to Long 1-3 points below the opening price, try get 5-7 points profit and put a stop 5 points away from your entry point.  Close your position by the end of the day.
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3 comments:

  1. AngAugust 21, 2013 at 4:46 PM

    What abt GDP news that will be released today?

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  2. jasonkuAugust 21, 2013 at 4:50 PM

    The GDP is expected To be around 5 percent, it has already been factored in the market.

    ReplyDelete
  3. AngAugust 21, 2013 at 5:06 PM

    Thanks Jason!

    ReplyDelete

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