Thursday, December 10, 2009

Short FKLI Dec 2009 at 1258


Date: 7 Dec 2009
I also shorted FKLI after I shorted CPO at 1258 with the volume of 2 contracts. 1) The price was way below moving average both highs and lows and also 2) the price broke recent low 1265.50.

Date of exit: 10 Dec 2009
I long to exit the trade at 1253 as the stochastic has been staying at oversold area indicating that the market could bound anytime. Since I am in the profit, I take it with a gain of 4 points after commission.

The balance of my account now is RM 32,225 after the profit of RM 400.
(The details of my account is at http://www.bullsa.com/2009/06/my-future-trading-account-records.html )

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