Thursday, August 19, 2010

FKLI - Exit On My Target Price


Date of entry: 18 Aug 2010
Reenter Long Position - Bullish Engulfing
I reentered the market again;long FKLI at 1384 for 2 contracts. It is a bullish engulfing pattern with the price stayed well above moving average.

Date of exit: 19 Aug 2010
FKLI - Exit On My Target Price
The price hit my target price of 1395 with a gain of 10 points after deducting 1 point for commission.


The balance of my account is RM 27,100 after the profit of RM 1000 (10points x 2contracts x RM50 = RM1000) (The details of my account is at My Future Trading Account Records 2010 )

2 comments:

  1. Wa, consistent profitsin a row..Good keep it up

    Adam

    ReplyDelete
  2. Adam,
    Thank you for your encouragement.


    Regards,
    Abel

    ReplyDelete