***** Next Master the Markets Foundation Course 1.5 days - Sept 14-15, 2009. Call Dolly at 03 4252 4149 to enroll ! ***** The Importance of Being A "Honest" Trader :-) martin_tf_wong@hotmail.com: Oct 12, 2005

Wednesday, October 12, 2005

5:02 pm - FKLI is shorted at 922.5

Trade #11 is shorted at 922.5.

Stop loss is at 928.5.

Rgds,
-martin-

4:38 pm - Get ready to short. Look at 50MA

Trade #11 is ready to short at 922.5 or lower.

Rgds,
-martin-

4:31 pm - Trade #10 closed at 925.0

Trade #10 closed at 925.0 with a 5 pts profit. My target for FKLi at 929.5 came true. My system is a trend following. I cannot pick the top nor bottom.

I am happy with my small profit.

Rgds,
-martin-

12:06 pm - FKLi did break 929.5 at noon

Trail stop to 925.0. Trade #10 is holding steady.

11:19 am - FKLI hit low of 924.5 and cannot go lower

FKLi hit 924.5 but my stop is at 924.0. Did not get stopped out and finally FKLi break back to 928. ATR stop really help me this time.

Wud be interesting to see if FKLi break 928.5 today.

Stop loss at 924.5

Rgds,
-martin-