Tuesday, November 10, 2009

Close Long CPO Jan 2010 Future Contract at 2254


I turned long CPO Jan 2010 Future Contract at 2254 (almost at the high) with the reasons: 1) Price broke above moving average (in purple line) 2) Stochastic is up.
The details:
Date of entry: 9 Nov 2009
Trade Code: 20091109c
Action: Long CPO Jan 2010 Future Contract
Longed Price: 2254
Volume: 1 Contract

Date: 10 Nov 2009 (A lossing Trade Again)
The price hit my stop loss at 2248 in the afternoon session at the open lossing 8 points with commission.

The balance now is RM 34,075 after the loss of RM 200 (2254-2248+2=8 points)
(The details of my account is at http://www.bullsa.com/2009/06/my-future-trading-account-records.html )

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