Wednesday, November 28, 2012

Stop Loss Hit


Date of exit : 28 Nov 2012
Stop Loss Hit
My stop loss was hit at 2400 with a loss of 31 points. It has been a directionless trade.

The Loss : RM775 (31points x RM25 x 1contract = RM775)


My balance is now RM29,825 (RM30,600 - RM775 = RM29,825)
(The details of my account is at My Future Trading Account Records 2012 )


Date of entry : 26 Nov 2012
Long Feb 2013 Future Contract
I reversed to long CPO Feb 2013 Future Contract as usual at 2429 for 1 contract. It looks like the market is in a sideways mode. There is no winner until the price show to us. I longed because I used breakout method.

Monday, November 26, 2012

Stopped Out & Exited Trade


Date of exit : 26 Nov 2012
Tittle : Stopped Out & Exited Trade
My short position was stopped out at 2429 with an break even after deducting the 2 points commission.



Date of entry : 21 Nov 2012
Title : OK Reversed To Short Feb 2013 Contract
I reversed to short Feb 2013 Future Contract at 2431 for one contract. I expected CPO to surge further but failed, so I have to do what I got to do.

Sunday, November 25, 2012

online trader

Wednesday, November 21, 2012

Exit Long Position


Date of exit : 21 Nov 2012
Title : Exit Long Position
I exited the trade at 2401 with a little gain of 11 points with 2 points deducted for commission.

The Profit : RM275 (11points x RM25 x 1contract = RM275)


My balance is now RM30,600 (RM30,325 + RM275 = RM30,600)
(The details of my account is at My Future Trading Account Records 2012 )


Date of entry : 14 Nov 2012
Title : Long CPO Jan 2013 Future Contract
I initiated long position of CPO Jan 2013 Future Contract at 2388 for one contract. I am still using Jan 2013 future contract as it is still in active month even there is only one day left.
My Concern :
1. It is a changing time frame for active month from Jan 2013 to Feb 2013 contract on 15 Nov 2012.
2. It will be public holiday tomorrow. Europe and US market are open.

Saturday, November 17, 2012

KLCI Could Rebound Very Soon


There is a divergent between KLCI index and MACD. Meaning that KLCI is making new low BUT the low of MACD is actually getting higher. I am using hourly chart.
Maybe high time to look into buy some stocks to take advantage of this situation.

Tuesday, November 13, 2012

Bean Oil Futures Could Rebound - Hammer

There is also high chance that Bean Oil Futures could rebound for now; The beautiful black hammer at the bottom of the chart says it all. We shall wait and see.

Monday, November 12, 2012

High Chance CPO Would Rebound


CPO Jan 2013 Future Contract opened at 2228 and closed at 2324; opened gap down low and closed at the high.
With
1. The price hitting the recent support line then rebound and
2. Formed a White Bullish Candle,
there is very high chance that CPO would rebound or at least slow down the speed of the plunge.

Tuesday, November 6, 2012

Exited Trade To Lock Profit


Date of exit : 6 Nov 2012
Title : Exited Trade To Lock Profit
I longed to close my position at 2380 for 111 points again (2 points for commission). I am not sure the next direction. It might continue the downwards, but I just want to confirm my profit.

The Profit : RM2775 (111points x RM25 x 1contract = RM2775)


My balance is now RM30,325 (RM27,550 + RM2775 = RM30,325)
(The details of my account is at My Future Trading Account Records 2012 )


Date of exit : 2 Nov 2012
Title : Reversed To Short CPO
I also shorted CPO Jan 2013 at 2493 for 1 contract. 2493 turned out to be almost a day low. The feeling sucks but I have to move on and follow the rule.

Friday, November 2, 2012

Stop Loss Hit


Date of exit : 2 Nov 2012
Title : Stop Loss Hit
My stop loss was reached and my trade was out at 2493 with a loss of 42 points.

The Loss : RM1050 (42points x RM25 x 1contract = RM1050)


My balance is now RM27,550 (RM28,600 - RM1050 = RM27,550)
(The details of my account is at My Future Trading Account Records 2012 )



Date of entry : 1 Nov 2012
Title : Reversed To Long For Potential Rebound
I reversed to long Jan 2013 at 2533 for one contract after I just closed my short position.

Thursday, November 1, 2012

Longed To Close


Date of exit : 1 Nov 2012
Title : Longed To Close
I exited the trade at 2533 with a loss of 4 points (2 points commissions included).

The Loss : RM100 (4 points x RM 25 x 1 contract = RM100)

My balance is now RM28,600 (RM28,700 - RM100 = RM28,600)
(The details of my account is at My Future Trading Account Records 2012 )



Date of entry : 29 Oct 2012
Title : OK I Shorted CPO
I shorted CPO Jan 2013 Future Contract at 2531 for 1 contract. It was a gap down.
Note: I honestly do not know what to think after knowing Hurricane Sandy hit United States. Some markets are closed. I just have to wait and see what happen next.