Friday, December 09, 2005

3:56 pm - Trade #6 looks to stop out soon.

Looking at the MACD, it did not cross at all. This is a mistake. Take a loss at 885.

Loss -2.5 pts.

3:12 pm - FKLi going nowhere for the time being.

It looks like it is going sideway. trail stop to 884.5.

11:19 am - Trade #6 long position is triggered.

Long position triggered at 888.5 and hit high of 889.
Stop loss at 884/884.5

10:22 am - Trade #6 is ready for long at 888.5/889.

Waiting for MACD to cross up. 7 line change bar has set up nicely.

10:19 am - Trade #5 is triggered at 888

Loss of -2.5 pts.

Looking to go long at after MACD cross.