Thursday, June 9, 2011

Long To Exit Again - Bullish Candle Stick Pattern


Date of entry: 8 June 2011
Shorted FKLI
I shorted FKLI June 2011 Future Contract at 1547 for 2 contracts. The price is below moving averages.

Date of exit: 9 June 2011
Long To Exit Again - Bullish Candle Stick Pattern
I longed to exit the trade at 1553.5 with a loss of 7.5 points for each contract added 1 point for commission. The white candle formation indicating that the market is still in sideway mode. Exiting the trade and staying sideline seem to be a better way for now.

The Loss: RM750 (7.5points x RM50 x 2contracts = RM750)


The balance of my account is RM13,550after the loss of RM750.
(The details of my account is at My Future Trading Account Records 2011 )

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