Date of entry: 28 Oct 2010
Long FCPO - Bullish Engulfing
I initiated long CPO Jan 2010 future contract again for 1 contract. It is a bullish engulfing candlestick pattern. There is a high chance of continue trend. I am really not comfortable as I was stopped out yesterday and now I longed again at much higher price.
Date of exit: 8 Nov 2010
Exit FCPO - Candle Stick Shooting Star
I shorted to exit the trade at 3286 with a gain of 208 points. It is a candle stick shooting star emerged. No body knows for sure what the next direction the price will be, but one thing is sure; my 208 gain points.
The balance of my account is RM 35,825 after the profit of RM 5200 (208points x RM25 x1 contract = RM 5200)
(The details of my account is at My Future Trading Account Records 2010 )
哗! cpo 涨得好犀利阿!
ReplyDeletewell, looks like your strategy works well more often in CPO than FKLI on buying on the breakout...lengchai6
ReplyDeleteYes LengChai6,
ReplyDeleteIt looks that way. CPO is based on daily chart and FKLI is based on 2 hourly chart.
Abel
Abel, when you want take gains? remember to update, ok?
ReplyDeleteSure 华仔,
ReplyDeleteAbel
congrats bro. tt lim is envious of your TA skill..
ReplyDelete