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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.

 

 

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Reader Comments (3)

Really not bad spread. How much you can earn from it?

December 30, 2011 | Unregistered CommenterReviews

Really a very good information that will be so helpful. Now most are interested like this.

January 4, 2012 | Unregistered CommenterSwing Trade

I am glad you like it. You should check our scanner to find more of them.

January 4, 2012 | Registered CommenterMichael Bigger

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