Wednesday
Dec212011
Kraft and Heinz Day Trading Idea
I wanted to share Steve Cole's amazing idea: 10 * KFT - 7 * HNZ. The spread (pair) worked well for both of us. Sold it in the encircled area and covered for a nice gain. Steve is a member of our SpreadTraderPro community and he is learning fast.
The spread is "oscillating" nicely within the 2 year timeframe. I'm looking to sell this spread again if it retraces to above -3.00.
Written by Aris David. Follow me on Twitter and StockTwits.
Reader Comments (3)
Really not bad spread. How much you can earn from it?
Really a very good information that will be so helpful. Now most are interested like this.
I am glad you like it. You should check our scanner to find more of them.