Thursday, June 23, 2011

Long To Exit FCPO For Profit

Date of entry: 22 June 2011
Reversed To Short FCPO After Loss
I reversed to short FCPO Sept 2011 Future Contract right after I was stopped out at 3207. I shorted at 3205 for 1 contract.(My transaction was done at 15:05).

Date of exit: June 2011
Long To Exit FCPO For Profit
I longed to take profit at 3162 for 41 points gain with 2 points for the commissions. The price at this level has many support based on daily chart. I will reenter the market if it goes below today's low again.

The Profit: RM1025 (41points x RN25 x 1contract = RM1025)

The balance of my account is RM23,000 after the profit of RM1025.
(The details of my account is at My Future Trading Account Records 2011 )

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