Thursday, January 11, 2007

Research Trade 1.1 - "Mean-Reversing" Trade

Long Feb 07 Crude Oil: Entered on Jan 11th - Closed on Jan 11th.

Entry: 54,20 -- Initial Stop: 53,99 -- Sold: 54,44 -- Result: 1,14 R

Bullish divergence in Screen I - Attractive value in Screen II - Entry Set-up in Screen III -Stopped-out with a trailing stop at 60.44.

Comments : Good trade, traded according to the "Mean Reversing" set-up. The market totally collapsed later on, the trailing-stop methodology protected the gain...

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