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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Friday, March 02, 2007
3:36 pm - FKLI MACD cross over but there was no line change.
You have to wait for the line change to take out the high at 1153.5 to go long.
10:13 am - FKLI is holding up. Wait for MACD to cross up
Rather than buying on breakout. Buy on pullback at 50% when MACD had crossed. That way, your risk is smaller.