COMEX 2011 has just ended. I have just got myself a new laptop. (a.k.a money-making machine) Currently transferring my data to my new money-making machine. 🙂
Here is the update for this week.
Stopped Out Short Position
Jacobs Engineering Group Inc
This trade was stopped out due to the short squeeze. Overall it was a profitable trade initiated in July. (see post)
Singapore Exchange
This trade was also stopped out due to the short squeeze. Overall it was a profitable trade.
Sembcorp Industries Ltd
This is the 3rd trade to be stopped out due to the short squeeze. Overall it was a very profitable trade.
Had exited half of the following position
Exit Half Position (Short)
EURAUD
Taken partial profit for this forex trade.
For the rest, only GBPAUD short trade still remain.
Short-covering is the theme for this week. Except for the forex trades, the rest of the short positions were stopped out . It is nice to take some money of the table. Patiently waiting for more trading opportunities……
If you find my blog useful, tip me a few dollars to show your support.