***** 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: Nov 18, 2005

Friday, November 18, 2005

12:00 noon - FKLI gap up in the morning.

Finally, DJIA broke past 11700 and FKLI gap up way past my stop loss at 887.5/888.0 Got out my short position trade #17 at 889 - loss 4.5 pts.

Trade #18 is triggered long position at 893.0

Stop loss at 890.5.

Average daily range has been reached i.e. 896 -888 = 8 pts.

there is limited upside now.