Date of entry: 20 Oct 2010
Bullish Engulfing - Long CPO Jan Contract
I longed FCPO Jan future contract at 2941 for 1 contract. It is a bullish engulfing candlestick pattern if the price could close at this level; my entry price.
Date of exit: 27 Oct 2010
CPO - Took Profit
I exited the trade at the open of afternoon session with a gain 82 points. I expected to get 100 points but 82 is not bad too.
The balance of my account is RM 31,825 after the profit of RM 2050 (82points x RM25 x1contract = RM2050)
(The details of my account is at My Future Trading Account Records 2010 )
Hi Abel,
ReplyDeleteWhat job are you working that make you have time to monitor it closely for FCPO which is so volatile? Your action is greatly praised
Hi Mark Chang,
ReplyDeleteThe trade is still on. Nothing is confirmed till the trade is closed. Thanks.
My job is more on administration and my pc is always on. As a matter of fact, there is not much of monitoring for futures is needed since we could place our order earlier like entry point and stop loss etc.
Regards,
Abel
you have better luck in CPO...
ReplyDeletelengchai6
Hi LengChai6,
ReplyDeleteIt is hard to say. So far, it looks that way.
Abel
helo abel.. good trading for you ya.. congrats.. btw i added ur site to my blogroll.. happy trading
ReplyDeleteHi gt,
ReplyDeleteThank you so much for adding my site to you blogroll list. I also added your website to my links list.
Abel