***** 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: 11:27 am - FKLI for Mar MACD crosses up but cannot take out the high of the yesterday

Thursday, March 01, 2007

11:27 am - FKLI for Mar MACD crosses up but cannot take out the high of the yesterday

To go long, you need FKLI to take out the high 1190. Else no trade at this stage.

ATR is 19 pts. So, your stop is around 47.5 pts.

Too much for me.

So stay out ! else switch to shorter time frame e.g. 15 mins or 30 mins.
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