Oil, Gold, Silver Trading: Shorted 1 lot of supermini oil at US$137.71 (Closed!)

Tuesday, June 17, 2008

Shorted 1 lot of supermini oil at US$137.71 (Closed!)

Today I had shorted 1 lot of supermini oil at US$137.71, and place a GTC stop at US$140, target level at US$134. Details here.

Oil price moves in my favour, falls below US$134, so my trade is closed at US$134. Realised profit is US$371.

With my recent winning trades on oil, I had gained more confidence in my proven indicator, so I will raise my normal 1 lot supermini to 2 lots supermini in my future trades.

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