09th Nov 2011–The Sun is brighter in Canada.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
3.05				2.86

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. Intraday chart shows that multiple day multiple bottom is formed.
2. Daily chart shows that multiple bottom formed for about 1 and a half month.
3. Long term weekly chart shows tripple bottom formed within 3 plus years.
4. Long term monthly chart shows that it has came back to the lowest point of March 2009.

 

Lesson Learnt:

 

1. This is a dangerous and tough trade. Start small.
2. Earning might be on the way, watch out!

 

Intraday Chart

Historical Chart