4:06pm - Take profit for Trade #6 and rollover long position to July

Profit+8 pts. Long July contract at 898.0 Stop loss at 893

Support at 897

10:04 am - FKLi trade #6 is on for 906.5

It is 10 am and FKLI has crossed over and new breakout.


Stop loss at 902.0

9:05 am - FKLI trade #5 is stopped out at 897

Slippage of +0.5 pts. Profit +14.5 pts.

12:11 am - Trail to 897.5

11:10 am - Trail stop to 893

10:49 am - Trail stop to 892.5

3:01 pm - Trail stop to 889.5

10:29 am - Trail stop to 888.5

4:21 pm - Trail stop to 887.5

10:43 am - Trail stop to 887.0

9:08 am - FKLi gap up to 890

Trail stop to 885.5

3:19 am - Trade #5 is trailed to 879.0

12:29 pm - FKLI is triggered long at 882.5

Stop loss at 877.5

10:34 pm - FKLI did not had a 7 bar l/c

There were no short signal yesterday.

10:21 am - FKLI MACD abt to cross down and below 50MA

The short signal is here soon. Be ready to short at 875.5.

Due to the sideway market. SHort when the market pullback abit.

SHort at higher

9:36 am - FKLI MACD is still up.

No long or short signal yet.

THE cash mkt is still weak. The foreigner had cleared out, so what is left is the local funds holding the mkt. If the foreigner don't come, the mkt wud move sideway for a very long time.

The cash has a good support at 880-885.

Weekly pivot
R1 = 916.6
P = 899
S1 = 881.3

To see an uptrend, it has to clear 900 convincingly.

9:34 am - DJIA +200 pts certainly push up thing

The FKLI is directionaless and sometime like +200 pts from DJIA wud make the gap up interesting.

By following the system and not shorting after being stop out for trade #4, we wud avoid big losses. Imagine short at 877 and mkt gap up to 887.

Follow the systems

2:49 pm - Trade #4 stopped out at 877

Loss of 3.5 pts.

9:42 pm - FKLI gap up to 881 and straight to 885

Trail stop to 876.5 for trade #4

4:54 pm - FKLI turn up and down.

Long at 880.5. Stop loss at 875.5

2:28 pm - FKLI MACD is abt to turn up.

Be ready to go long when it cross up. FKLI trading at 22 discount.

10:14 am - Trade #3 is a win on the short side.

Trade #3 was triggered short at 884.5 and got out this morning at 878.5

Profit is 6 pts.

10:42 am - FKLI MACD had turn up

It must clear 896.0

11:09 am - Trade #2 is stopped out at 896.5

Profit +14 pts.

2:55 pm - Trail stop to 896

Trail trade #2 to 896

12:02 pm - Cash is dropping below 200MA

This is a significant event for everything cash falls below 200MA, there is a program selling happening.

11:37 am - FKLI selldown today.

Trail my stop lower to 903. Trade #2 is in the money.

The FKLI is trading at 20-22 pts discount. It can go lower to 25-27 and at 30 pts, arbitraguer wud push the discount back. Watch out to go long for countertrend.

4:17 pm - Short at 910.5 as FKLI had turned down.

Stop loss at 912.5 for Trade #2

1 pm - FKLI get hit today.

I was out from my long position with a small loss yesterday . Again. my atr stop works !

10:16 am - Trading FKLi is tough - market just moving sideway

When FKLI cross up and then it cross down, there is no trend at all not even for 2 days.