Tuesday, July 6, 2010

Long To Exit At 1291

Date of entry: 5 July 2010
Short FKLI At 1297
I shorted FKLI for 1 contract at 1297. It is a nice break down. I will exit the moment the price does not make lower low.

Date of exit: 6 July 2010
Long To Exit At 1291
I longed to exit my trade at 1291 making 5 points after deducting 1 point for commission. The price opened with a gap down at 1287, but it failed to follow through and bounded back making a bullish candle pattern instead. I closed the position before the confirmation of formation of the bar at 10:00.

The balance of my account is RM 20,450 after the profit of RM 250 (5points x RM50 = RM250) (The details of my account is at My Future Trading Account Records 2010 )

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