Entry on 23rd August 2005 @ $1.955 Via 25,000 CFD's.
Short term target of $2.03.
Cost of trade = $2,443.75 margin. Expected return for short term trade is $1,775.37 NET profit after expenses. (72.65% Return on Investment)
Update: Well, it was a bumpy ride, and took a little longer than expected, but the plan worked, and target was hit a month after entry. 72% return on investment is not bad for a month though......is it? (see chart below)
Yet another example of a 4th attempt breakout
Disclaimer: The above mentioned information is my opinion
only, and NOT to be taken as advice as i am NOT a licensed
advisor. Caveat emptor.