10:14 pm - if FKLI breaks 925.5 or higher ...

Ready to turn long if it breaks 925.6 or higher above the daily pivot.

10:04 pm - Look like FKLI is heading another sideway mkt.

I wud like to see FKLI break 922.5/922 to take short position.

Rgds,
-martin-

1:12 pm - FKLI breaking below 50MA on FKLI hrly timeframe

It looks like it is time to short the FKLI below 925.

Look for a opportunity to short. Watch out for morning gap up since DJIA close +70 pts up.

This is the setup and signal to short.

Daily pivot
R1 = 927.5
P = 925
S1 = 922.5

Rgds,
-martin-

Cash Mkt for Month of Oct ....

Sideway for how long ? Your guess is as good as mine.

FKLI open gap up +1.5 pts - Buy signal is on BUT ...

FKLi gap up after closing at 925. Mkt Gap up generally mean the FKLi wud closed lower. However, FKLI is heading sideway.

The Buy signal is in but the setup has set in. Difficult to tell how to trade trade #12.

Daily chart is showing sideway movement. If there is money to be made, it has to be intraday trade.

Watch out for FKLI to break and close above 929.5.

To short is difficult as there are support AND to Long is difficult as there are no volume.

Daily Pivot:
R1 = 925.75
P = 924.5
S1 = 921.75

Rgds,
-martin-

Stop out at 925.5

Trade #11 end with 3 pts loss. Mkt going nowhere. Shud get out at 925. But that trading is like that. Win some and lose some.

Waiting for trade #12 to setup.

10:57 am - FKLI hit 925 and ....

Trail stop to 925.5

9:39 am - FKLi gap down 0.5 pt.

Watch out it may reverse to go long. Watch the MACD.

Trail trade #11 stop to 926.0/925.5

Rgds,
-martin-

5:02 pm - FKLI is shorted at 922.5

Trade #11 is shorted at 922.5.

Stop loss is at 928.5.

Rgds,
-martin-

4:38 pm - Get ready to short. Look at 50MA

Trade #11 is ready to short at 922.5 or lower.

Rgds,
-martin-

4:31 pm - Trade #10 closed at 925.0

Trade #10 closed at 925.0 with a 5 pts profit. My target for FKLi at 929.5 came true. My system is a trend following. I cannot pick the top nor bottom.

I am happy with my small profit.

Rgds,
-martin-

12:06 pm - FKLi did break 929.5 at noon

Trail stop to 925.0. Trade #10 is holding steady.

11:19 am - FKLI hit low of 924.5 and cannot go lower

FKLi hit 924.5 but my stop is at 924.0. Did not get stopped out and finally FKLi break back to 928. ATR stop really help me this time.

Wud be interesting to see if FKLi break 928.5 today.

Stop loss at 924.5

Rgds,
-martin-

5:24 pm - FKLI cud not go higher.

Get ready to sell tomorrow. Stop loss at 924.5

9:52 am - FKLI hit high at 928.0

Trade #10 is in-the-money. Stop is trailed higher to 922.5.

Target for the day (think to sell) is at 929.5/935.5

If FKLI get above 927.5 and close above it. FKLI wud be ready to be sold in the next day.

4:39 pm - FKLI broke thru 920.5/921

FKLI is surging. Trade #10 is long at 920.0 as it broke 922.5 and closed the overhead gap at 922.5

Stop loss at 916.5/917.0

FKLI shud stay above 922.5

Rgds,
-martin-

3:48 pm - FKLI hit 920 but ....

FKLI hit 920 but on a delay fashion. It is not the best entry. It shud break 920/920.5 at 11 am. I wud wait for another reentry.

Trade #10 is delayed from entry at this point.

Rgds,
-martin-

10:44 pm - FKLI gap down to 914

Normally when FKLI gap down, it is up day. Wait for hrly chart to close above 920. Trade #10 is long at 920.

3:25 pm - FKLI selldown to 913.5 again in the afternoon session

However, I have already cashed out at 918.5,. This is trading. You do not get the best everytime.

I am looking for an opportunity to enter tomorrow either short or long.

10:38 pm - FKLI open at 919 and selldown to 913.5

I think the FKLI EOD day traders got stop out at 916-913. That may explained why there are a huge selldown for these long position.

Normally, if FKLi gap down, FKLI wud close higher. My stop was triggered at 918.5

Trade #9 end +7 pts profit.

Watch to go for long position today at 920.5/921 .

Rgds,
-martin