Final update on my January Ruble trades. The rally in oil continues unabated after a Friday report that showed the number of U.S. oil-drilling rigs down by 94 in the past week, the largest one-week decrease since 1987. As the black gold was preparing to break the important 50.00 mark, I placed a stoploss on my two remaining USD/RUB longs at 68.30.
I was taken out later in the day, for a net profit of $64.50. Together with my earlier closed trade of $12.13, the total for this series of trades is at +76.63. You can see all 3 trades in the pic above. (The screenshot looks bit strange because I had to lengthen the size of the pic to comply with Dukascopy upload limitations).
Want to learn more about why I took this series of trades? Take a look at my article HERE> ''How I Made $200 Betting against the Russian Central Bank''.
I was taken out later in the day, for a net profit of $64.50. Together with my earlier closed trade of $12.13, the total for this series of trades is at +76.63. You can see all 3 trades in the pic above. (The screenshot looks bit strange because I had to lengthen the size of the pic to comply with Dukascopy upload limitations).
Want to learn more about why I took this series of trades? Take a look at my article HERE> ''How I Made $200 Betting against the Russian Central Bank''.