Monday, April 30, 2007

Trade Nbr. 42 - 2007

Long June 07 Crude Oil: Entered on April 30th- Closed on April 30th.

Long: 66,26 -- Initial Stop: 65,94 -- Sold: 66,38 -- Result: 0,37R

Bullish in Screen I - At value in Screen II - Entry Set-up in Screen III - Sold after the previous candle printed a threatening tail and the market failed to break the resistance area around 66,66...

Comments: Good position management, eventhough the bearish divergence in Screen I was indicating that odds were low to intiate a strong move today...... Exit was sharp !!

No comments: