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''.
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –