ETFS Brent Oil (LSE:OILB) also gave me a sell signal yesterday and when I saw it open today below yesterday's close I sold half of my position at USD 45.96. My cost having been USD 43.82, this represents a profit of 4.9% in 152 days. Taking into account the drop in the value of the dollar, I made a loss of 8.7% in CHF, the currency in which I traded this ETF because I do not have a USD account with this Swiss broker.
17 November 2010
ETFS Brent Oil: sold half today
ETFS Brent Oil (LSE:OILB) also gave me a sell signal yesterday and when I saw it open today below yesterday's close I sold half of my position at USD 45.96. My cost having been USD 43.82, this represents a profit of 4.9% in 152 days. Taking into account the drop in the value of the dollar, I made a loss of 8.7% in CHF, the currency in which I traded this ETF because I do not have a USD account with this Swiss broker.
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