Wednesday, August 24, 2011

Midday Market Recap and Trade cnt'd

Morning trading was somewhat volatile with prices ranging between 12.95 and 13.05 EUR.

Break above 13.10 EUR, on the back of rising power prices and continued rise in oil prices, gave us the signal to enter the market, adding to already existing long position. We are long @ average price of 13.00 EUR.

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