BP has posted an extreme on the very short RSI 2 momentum and we gained our first positive close.
Currently LONG from 416p but after costs b/e now 417p....full economies of scale taken. CFD's would earn far more as leveraged but as a pension trade this has to be equitable biased. Thus no interest charges. If we ignore the base rate reduction and assume the old risk free rate I need to cover at 421p+ to make this trade really worthwhile.