Trading Ideas. AFG

Hammer / kangaroo tail formation on closing of daily charts (27/11/2007)

S1 - 2.8/2.81
S2 - 2.76

R1 - 2.94/2.95

60 & 30 minute charts - V formation on price. Rising stochs & macd.

Possible pivot formation on daily charts?

Trading Ideas. Sinopec-C1

For short term trade.
Looking at Sinopec-C1 (27/11/2007) intra-day charts, the following is observed:
1. Cup & handle formation on 60 & 30 minute charts;
2. Rising MACD & Stochs;
3. Intra-day base at 0.195/0.20?

Proposed entry - 0.20
R - 0.245/0.255
Stop - 0.18/0.185

NOTE : Sinopec-C1 expiry date: 31/01/2008