Thursday, February 16, 2012

Exit Trade At The Open

Date of entry: 10 Feb 2012
Long CPO For Continuation Of Trend
I longed FCPO April Future Contract at 3138 for one contract. There is potential of the continuation of up trend.

Date of exit: 16 Feb 2012
Exit Trade At The Open
I shorted to exit the trade at 3170 on opening bell with a little gain of 30 points (2 points for commission). Wow! I hold it for 4 days! I usually hold it not more than 3 days based on hour chart.

The Profit: RM750 (30points x RM25 x 1contract = RM750

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