This blog website represents my daily trading positions and thoughts on how I trade the futures and commodity and allows others to view and understand the Importance of Being a "Honest" Trader.
Be true to your work, your
word, and your friend.
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Wednesday, January 04, 2006
4:54 pm - FKLI breaks R1 at 893
FKLI has the habit of breaking 893 1st and then retrace back. This is due to stop being triggered by stops of short position.
It wud fall back and the 2nd time it break 893 - this is a confirmation that it wud go higher.
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