Thursday, May 24, 2007

Trade Nbr. 51 - 2007

Short June 07 Crude Oil: Entered on May 24th - Closed on May 24th.Short: 65,38 -- Initial Stop: 65,78 -- Covered: 65,16 -- Result: 0,55 R

Bearish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Covered as the market was reversing hard after testing the lower enveloppe in Screen II.

Comments : Poor exit again. The rebound was normal after the previous candle's break. Did not follow my new trailing methodology... Will make sure to apply it in future trades...

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