Oil price has moved down in my favour to 134.16, I lower my stop to US$136 to protect my trade and maintain profit level at US$133.
Unrealised profit: US$259
Target level to buy back: US$133
Value of 1 point for supermini oil contract = US$100
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Friday, June 13, 2008
Shorted 1 lot of Super mini oil at US$136.75 (Review 1)
Today I shorted 1 lot of supermini oil contract at US$136.75.
Oil price has moved down in my favour to 134.16, I lower my stop to US$136 to protect my trade and maintain profit level at US$133.
Unrealised profit: US$259
Target level to buy back: US$133
Value of 1 point for supermini oil contract = US$100
Oil price has moved down in my favour to 134.16, I lower my stop to US$136 to protect my trade and maintain profit level at US$133.
Unrealised profit: US$259
Target level to buy back: US$133
Value of 1 point for supermini oil contract = US$100
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