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Old 06-13-2008, 10:56 AM   #1 (permalink)
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Shorted 1 lot of Super mini oil at US$136.75

My indicator still shows sell signal, and 10 min shows that oil price is trending down slowing with a resistance at US$138.31.

I decided to break my trading rule and shorted 1 lot of Super mini oil at US$136.75. Place a tight stop at US$140 with profit level at US$133.

Value of 1 point for super mini oil contract = US$100.

See here: Oil Trading: Shorted 1 lot of Super mini oil at US$136.75
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