Wednesday, June 15, 2011

Long UCO at 50.67, exit at 49.89

Entered on May 31. I thought it was a breakout, didn't really understand what a resistance line is.  The up slope of MACD looked promising.

At least the exit was done properly. Sold on June 9.  I used MACD on the 15 minutes chart to time it.

Negative 1.53%.


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