Thursday, July 12, 2007

Trade Nbr. 63 - 2007

Long Aug 07 Crude Oil : Entered on July 10th- Closed on July 10th.

Long: 72.91 -- Initial Stop: 72.65 -- Sold : 72.75 -- Result: -0,62R

Bullish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Stopped by my trailing stop.

Comments: The bearish divergence in Screen I was indicating that odds were slightly lower for the trend to continue. Exit was not very good, could have done a better job of reducing the loss..

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