10:06 am - No long position as MACD cross over but no 7 bars line change

The FKLi is gapping very widely making trading difficult to judge.

10:05 am - Short position stopped out at 1285.5

Loss of 27 pts.

10:09 am - FKLI long position stopped out at 1369.0

Loss of 43.5 pts. The biggest loss so far experienced.

10:49 am - FKLI short at 1258.5

Stop loss at 1285.5

10:19 am - Long Aug contract at 1312.5

Stop loss at 1275.0

9:09 am - FKLI has cross up but the trap is ...

Mkt does not like gap up on good news. However, cross did occur and with 44 pts discounts. This is an attractive trade.

Wait till 10 am.

3:11 pm - Short position triggered at 1295.0

Today profits +27 pt.

2:34 pm - Trail stop to 1303.0

12:37 noon - Trail stop to 1324.5

11:35 am - Short at 1322.0

Stop loss at 1331.5

11:06 am - FKLI Aug cross down - Ready to short

9:42 am - Stop triggered at 1345.5

Profit +10 pts.

8:27 pm - FKLI cross over at 4 pm

Long Aug contract at 1335.5. Stop loss at 1323.0

12:45 pm - Waiting for FKLI to cross up

Almost any time now. Targeting Aug contract as July is expiring.

4:12 pm - No short signal for FKLi despite MACD crosses down

Leave this one and look to go long as you have a premium for Aug contract.

5:27 pm - FKLI finally stop out at 1382.0

Stop out at 1382.0. Loss -4.5 pts

Beware of the Black Swan !

Mkt gap down and wait to sell at 1382.0

10:14 am - Trail stop to 1377.5

3:45 pm - FKLI crosses over again.

Long at 1386.0 and stop loss at 1376.0

10:23 am - FKLI gap down due to DJIA -150 pts drop

Stop out at 1371.5 -> +2.5 pts.

4:46 pm - FKLi has moved higher

Trail stop to 1371.5

10:30 am - FKLI gap up to 1381.5

Move stop to 1368.5 pts.

4:02 pm - FKLI fill at 1369.0 instead

Long at 1369.0. Stop loss 1356.5

3:13 pm - Buy stop limit at 1367.5

Waiting for FKLI to break upside.

2:56 pm - FKLI is ready to cross up

Place buy limit at the high 1367.5

11:09 am - Lot of short covering this morning !

There were considerable vol in covering short position today. Since then, there is no up push of the FKLI.

Wait for FKLI to cross up.

2:39 pm - FKLI stopped out 1379.5

Stop out with +13 pts.

11:29 am - Trail stop to 1370.5

Trail is in the money +4 pts.

5:36 pm - Trail stop to 1357.5

10:46 am - FKLI cross over - Long position initiated

Long at 1366.5. Stop loss at 1354.5

10:44 am - FKLI stop out at 1354.5

Profit +13 pts.

4.30 pm - Trail stop to 1358

In the money +9.5 pts.

12:19 noon - Trail stop lower

Trail stop to 1360.5

10:48 am - FKLI moves lower

Trail stop to 1361.0

11:31 am - FKLI cross down and below 50MA - Short FKLI

Sell at 1367.5. Stop loss at 1373.5

10:14 am - Stopped out at 1372.5

No loss or win. +0 pts.

3:42 pm - FKLI going thru accumulation stages

Trail stop higher to 1372.0

5:05 pm - FKLI goes long at 1372.5

Stop loss at 1362.5

10:37 am - Stop out at 1373.5

Profit +27 pts.

3:31 pm - Trail stop to 1369.5

+23 pts in the money

8:53 pm - Trail stop to 1362.0

15.5 pts in the money

3:26 pm - FKLI MACD cross up in the morning

Went long at 1346.5. stop loss at 1340.5

9:20 pm - FKLI turn up and long at 1393.5

Stop loss 1385.5

9:08 am - Stopped out at 1375

Profit +20 pts.

5:17 pm - An update - FKLI cross over on 14 June 07

Long at 1355 and at the current stop loss at 1375. In the money +20 pts.

4:29 pm - FKLI gap down 20 pts due to DJIA +130 drop

I know I cannot get out at this prices so waited till market rebounded and got out at 1360.5.

Loss -9 pts.

2:21 pm - Long 1369.5 after MACD cross up

Stop loss at 1358.0

10:41 am - FKLI for June contracts gap up at this point

FKLI MACD cross up due to gap up is not a good probability trade.

9:36 am - DJIA +116 cause the FKLI to gap up on low volume.

I do not think FKLI can sustain higher on lower volume. Look to short at this point.

10:42 am - Trade #8 stopped out 1332.0

Loss of -5 pts.

9:44 am - FKLI MACD cross up - Long at 1337

Stop loss at 1320.0

11:13 am - Short position is stopped out 1310.5

Profit +29.5 pts.

3:33 pm - Trail stop to 1333.5

2:41 pm - Short FKLI at 1340

Stop loss now at 1344

3:44 pm - Long at 1356 for Trade #6

Stop loss at 1345.0

9:58 pm - FKLI MACD had crossed down

Looking to short below 1347 with a long black bar.

12:54 pm - Mkt getting volatile. MACD did cross down but ...

MACD move back up again, I think this is setting a short position soon.

4:03 pm - FKLI shot back up and stop out at 1354

This is a big loss this around - 10.5 pts.

4:24 pm - Trade #4 is stopped out at 1350.5

Stop out with loss -8 pts.

10:47 pm - Late update : trade #4 is long at 1358.5

Stop loss now at 1350.0

4:34 pm - Short trade got stopped out at 1341.

Profit +8 pts.

2:41 pm - FKLI gap down and sell down to 1335.5 low

Stop loss at 1348.0

12:06 pm - Trade #3 is triggered short as MA is dipped below 50MA

Short at 1349 and stop at 1359

10:57 am - Due to volalitity of market, trade #2 is stopped out at 1356

Loss -7.5 pts.

3:21 pm - Trade #2 is long 1363.5

Stop loss at 1356.0

2:43 pm - FKLI is trading sideway

It is difficult to trade now. The market maybe moving sideway.

10:31 am - FKLi did cross up but no 7 bar line

If it takes out 1353.5, I may consider it.Else it maybe sideway.

11:59 pm - Stop out at 1338.5

I will get the top but I get a slice of the body +11.5 pts.

9:58 am - Trail stop to 1337.5

4:15 pm - Trail stop to 1321.0

10:32 am - Long at 1327.0

Stop loss at 1315.5

10:51 am - Trade #20 stopped out 1310.5

Loss of 8 pts.

3:45 pm - FKLI MACD cross over - Long for trade 20

Long 1318.5. Stop loss at 1310.5

4:38 pm - Stop triggered at 1275.5

Profit +15.5 pt

3:01 pm - FKLI hits 1257 low

Trail stop to 1275.5

2:40 pm - Trail stop to 1281.5

10:38 am - I heard there is another round of selling in the China Market.

The price reflects before the news ! Prices first then news !

Trail stop to 1285.0

9:41 am - Ready to turn short now as it cross below 50MA

Short at 1291.0.

Stop loss at 1305.5

11:22 am - FKLI MACD had crossed down

Wait for 50MA before shorting.

12:03 am - all time 35 years high at 1322.91

It is interesting to note that the mkt is registering new high but selldown by futures.

Profit taking activities are now for the time being.


KUALA LUMPUR, April 17 (Bernama) -- The Kuala Lumpur Composite Index (KLCI)hit a new all-time high in early trading with gains seen on mostkey-heavyweights led by Tenaga Nasional, said dealers. The Composite Index (CI) rose 10.52 points to 1,333.43 after 45 minutes oftrading, slightly lower than 1,334.44 as at 9.18 am. It was opened at 1,326.64,up by 3.73 points. The dealers said the CI registered new high on buying of plantation counterson expectations of better earnings following the higher crude palm oil prices(CPO). The KLCI yesterday closed at an all-time high of 1,322.91, a new recordafter hitting 1,314.46 on Jan 5, 1994 at The Second Board Index perked 0.26 of a point to 102.87 and the Mesdaq Indexwas almost flat at 142.09, or up by 0.06 of a point. The Industrial Index rose 15.32 points to 2,603.58 and the Finance Indexjumped 32.41 points to 10,609.7. The FBMEmas gained 79.81 points to 8,963.29 and the FBM30 rose 94.16 pointsto 8,509.79. Gainers led losers by 442 to 214, while 292 counters were unchanged, 432untraded and another 33 suspended. Trading was moderate with 479.085 million shares worth RM535.231 millionchanging hands. -- MORE

12:01 am - Stop triggered at 1321 pts.

Profit +9 pts.

11:50 am - Trade #18 is long at 1312.

Trail stop loss to 1304.5

10:16 am - Trade #17 is triggered short at 1292.0

Stop loss at 1296.0

10:21 am - Waiting for the next trade - MACD to cross over.

10:14 am - Trade #16 is out at 1298

Profit +53

4:40 pm - Trail stop to 1275.0

Trade is in the money.

4:37 pm - Trail stop to 1268.0

2:40 pm - Trail stop to 1264.5

Trade is deep in the money.

9:47 am - Trail stop to 1261.0

4:05 pm - Trade #16 is triggered long at 1245

Stop loss at 1237

4:05 pm - Stop out at 1230

Loss of 5 pts.

3:02 pm - Short FKLI at 1225

Stop loss at 1230.0

2:58 pm - FKLI turn down and selldown after lunch

The mkt gap down but I got out at 1238.5 before the selldown to 1212.0

FKLI has turned down. Looking to go short now.

2:03 pm - Stop trigger at 1238.5

Profit +9.5 pts

6:06 pm - trail stop to 1222.5

7:37 pm - FKLI April contract long 1229.0

Stop loss at 1214.5

12:36 noon - FKLI April is looking good for a long position

Wait for confirmation when MACD cross over.

12:30 noon - Iran strikes US Navy and our cash mkt drops !

The FKLI is down -37.5 pts now.

12:05 noon - FKLI has crossed down since 23 Mar

Finally, FKLI is trading below 50MA and I am interested to short now.

12:04 am - Cash break down at 12 noon & if it close lower than yesterday low

This is a short trade opportunity !