Thursday, October 8, 2009

Open Trade 20091008a: Short CPO Dec 2009 Future Contract at 2061


I shorted CPO Dec 2009 Future Contract at 2061 (1 Contract) as 1) The price broke below the support line and 2) Stochastic (1hour) is now down.

The price hit my stop loss of 2083 lossing RM 575 (2083-2061+1=23 points).
The balance of my account now is RM 34,000 after the loss of RM575.

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