Friday, October 30, 2009

Position Close: Long CPO Jan 2009 at 2153

I turned long at 2153 right after I closed my previous short position as the stochastic turned up from oversold area.
The details:
Date of entry: 29 Oct 2009
Action: Long CPO Jan 2009 Future Contract
Longed Price: 2153
Volume: 1 Contract

The price hit my stop loss level at 2169 when market reopen at around 3:10pm with a bit of profit of RM 350.
The details:
Date of exit: 30 Oct 2009
Action: Long to close position
Longed Price: 2169
Profit: RM 350 (2169-2153-2=14 points)
My balance now is RM 37,500 after the profit of RM 350.
(The details of my account is at )

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