20070321 - FMT - 15mins - Gain

Symbol: FMT
Type: Long
Entry: The beginning of the 6th bar
Exit: The beginning of the 16th bar
Result: Gained +1.2%

Looking back at this trade, even I think I was too quick to jump in for Long. I was totally anticipating the rising 5eMA is going to support the falling price, when I have absolutely no sign of such support. The price could have just fell right through the 5eMA. I am damn lucky on this trade!

I exited the trade when the price close below the 5eMA on the 15th bar, and took action on the 16th.

A shameful trade even though I ended up with a gain.