Long To Close FCPO

Date of entry: 28 July 2011
Short FCPO - Open Gap Down
I shorted FCPO Oct 2011 Future Contract for 2 contracts; one at 3108 and the other at 3098 with the average price of 3103. It opened with a gap down and broke below moving averages.

Date of exit: Same Day
Long To Close FCPO
I exited the trade at 3113 with a loss of 11 points for each contract. The formation of bullish candle seems bullish or at least a sideway market. Getting and staying sideline is the way to go.

The Loss: RM550 (11points x RM25 x 2contracts = RM550)

The balance of my account is RM23,825 after the loss of RM550.
(The details of my account is at My Future Trading Account Records 2011 )