Thursday, March 31, 2011

Exit FCPO To Feel The Profit Again

Date of entry: 30 March 2011
Long FCPO On Break Up
I initiated long position for FCPO June 2011 Future Contract for 1 contract.
The Reason To Long: The price broke above moving averages of high and low

Date of exit: 31 March 2011
Exit FCPO To Feel The Profit Again
I exited the trade at 3330 with a little gain of 28 points. Sometimes, it is important to feel the profit again.
There are three candles with long tail indicating that the uptrend is suppress by selling pressure.

The Profit: RM700 (28points x RM25 x 1contract = RM700)

The balance of my account is RM23,800 after the profit of RM700.
(The details of my account is at My Future Trading Account Records 2011 )

1 comment:

  1. Hi Abel, I think you've got the feeling it's toppish