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Wednesday 20 November 2013

Buy JPM @ 56.0- won, Buy Yahoo @ 35.0- won

Buy JPM @ 56.0 if it stays above, for 30 minutes expiration
Buy Yahoo @ 35.0 if it stays above, for 30 minutes expiration

Results: Buy JPM @ 56.0- won
JPM reached 56.02 at 9:40am EST & expired @ 56.06 at 10am EST
Although support was broken later due to worse than expected economic data @ 10am EST, we managed to win before it dropped
It also managed to close above 56.0 at the end of the day



Buy Yahoo @ 35.0- won
Yahoo reached its lowest @ 35.23 at 10:32am EST & expired @ 35.557 at 11am EST, even breaking above a minor resistance & managed to stay slightly above 36.0 for a while, only started to drop when FOMC Meeting Minutes was near
It later dropped to 35.3 but still managed to close @ 35.62, above 35.5 previous minor resistance



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