http://www.stocksforliving.com/component/content/article/40-greetings-and-introduction/190-intpjk-trading-entry-and-exit-analysis.html


Friday, 15 January 2010 07:12   





Trading Entry and Exit Analysis

Will Solar Eclipse on Jan 15th, 2010 influence the INTP.JK for a bullish 
reversal?
Long Trade Set up get ready for trading with Astronacci © Trading System



Bull
army support INTP.JK. It moves together in wave 5 impulsive high.
Yesterday we saw great trading set up opportunity with high probability
rating for a reversal target. Long trade should be taken today also to
catch the Solar Eclipse moment which is coincidence with the end of
wave C in hourly time frame. A potential upside target is sweet enough
and worth to be taken.









Comment

Daily trend continuation in wave 5 supports a long trade position when a minor 
decline appears.




(Click the picture to open the original size)
 
System


ASTRONACCI © Trading System by Stocksforliving Indonesia,Ltd


Momentum
Daily
Oscillator was bearish not oversold but hourly oscillator entered an
extreme oversold area. This indicates price will sideways to up in the
next trading hours. 
Pattern
Possible The end of Wave C.
Price
Price
has reached its objective price target around 13.500 – 13.650 on
January 14,2010 and seems ready to reverse for Solar Eclipse cycle.
Trading Advise
Buy INTP.JK with range 13.650 – 13.800. Stop loss at 13.550, Typcial take 
profit target at 14.800 – 15.000
Traders should monitoring for a bullish reversal in hourly chart before 
considering  long trade.


 



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issuers; and no part of the research analyst’s compensation was, is,
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recommendations or views expressed in the report.

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