FCPO breakout

FCPO today broke-out above the bullish flag and closed the day above the 100 Mav. Let's see whether it is sustainable.

FCPO still bearish even though at slower rate

FCPO - still bearish even though at a slower rate recording lower lows and lower high.

Buy @ 2340 near the closing

Stopped out @ 2357

My position was stopped out @ 2357 to realised a profit of 16 pts.

11/4/2013 ; 1st lot BUY 2341 near the closing.

SELL AT 2410

I Sell the 1st lot for a profit of 32 pts just after market opened afternoon session on the breakdown of both rising wedge and a bearish flag. The market is a sideway market and my opinion is it still has some more correction.