***** 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: Jul 29, 2008

Tuesday, July 29, 2008

5:43 pm - Trading Pivot for 29 Jul 2008

For FKLI




For FCPO




5:10 pm - FKLI is moving sideway with slight bias on the long side just because KLCI did not sell down !


3:37 pm - FKLI is forming a saucer shape - Bullish !


11:17 am - DJIA has broken support @ 11,300


It may retest 10,900 again.

11:08 am - Look at August Contract

If you intend to short, short August . If you intend to long, go for Jul contract.



Here is the August contract, it is breaking down !

10 am - FKLI July is down !

Our long trade was out 1141.5. Luckily FKLI did not drop over 20 pts. Out with a small loss.