Friday, January 12, 2007

Research Trade 1.2 - "Mean-Reversing" Trade

Long Feb 07 Crude Oil: Entered on Jan 12th - Closed on Jan 12th.

Entry: 52,52 -- Initial Stop: 52,27 -- Sold: 52,55 -- Result: 0,12 R

Bullish divergence in Screen I - At value in Screen II - Entry Set-up in Screen III -
Trailing stop at 52,57 filled at 52,55 .

Comments : "Mean Reversing" set-up. The market rallied later on, I followed my new trailing-stop methodology. Good discipline for a tough trade !!

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