PORTFOLIO ALERT – PLATINUM SHORT POSITION OPENED

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There is no secret that platinum is under-performing in comparison to all other precious metals.

Struggling to hold trend line support and no brave shoppers around.
Expect a major pull back to negative trend line support at 784$.
POSITION IS A SHORT
CFD CONTRACT 1 LOT=100 OUNCES
POSITION ENTRY RATE – 859$
POSITION VOLUME 10 LOTS =1000 OUNCES
POSITION MARKET VALUE=1000*859$=859,000$
LEVERAGE 1-TO-100
MARGIN REQUIREMENTS- 1$ FROM POSITION VALUE=8590$
FREE MARGIN TO STOP OUT 2000$ FOR A 2$ NEGATIVE UPSIDE MOVEMENT STOP OUT AT 861$
TAKE PROFIT AT 784$
SPREAD 75$
EST PROFIT 75$*1000 OUNCES =75,000$
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