Reversal is true if FKLI can closed above 886.
Trail stop to 884.5/884
Wednesday, November 16, 2005
Tuesday, November 15, 2005
10:24 am - Preparing for Trade #16 to go long
Trade #16 ready to go long at 887/887.5
Stop loss at 881.5
Stop loss at 881.5
10:21 am - Massive FKLI long position triggered
All the short fella incl. myself Trade #15 stopped out. It shot from 884.5 to 889.
Trade #15 triggered at 886. Loss of 0.5 pts.
Trade #15 triggered at 886. Loss of 0.5 pts.
9:55 am - Trail Trade #15 stop lower
Stop trail to 885.0. In the money +0.5 pts.
Mkt is bullish divergence. Expecting FKLI to head north.
Mkt is bullish divergence. Expecting FKLI to head north.
Monday, November 14, 2005
4:21 pm - Trail stop to 886 Trade #15
Trade #15 may end very soon but I do not know. But I want to see FKLI to close below 884.
11:53 am - Trade #15 is short at 885.5
MACD cross down and FKLI selldown. Trade #15 is hot.
Stop loss is at 888.0.
FKLI shud continue to go low if close below 884
Stop loss is at 888.0.
FKLI shud continue to go low if close below 884
Friday, November 11, 2005
5:03 pm - Cash jump back to -2 pts loss
It is weird that cash stay -6 pts loss but on the last min, cash catch up.
Bollinger Band is narrowing and watch out for the spring next week either up or down.
Bollinger Band is narrowing and watch out for the spring next week either up or down.
11:13 am - Trade #14 is against short term trend
Ready to tighten stop when I need to as I am trending against short term trend.
10:58 am - FKLI selldown again
Short FKLI at 888.5 for Trade #14 after the failed reversal to go uptrend.
Stop loss 893.5
Stop loss 893.5
9:55 am - Always best to buy after 10 am
Need to wait the news and short covering or long to settle and the trend wud persist.
9:36 am FKLI MACD has crossed up
Be ready to go long for Trade #14 at 892/893. Wait for the price to turn up. Do not buy when it is falling.
Thursday, November 10, 2005
11:46 am - I am looking for a Doji on EOD
For today, I am looking for a reversal signal on EOD FKLI.
Wednesday, November 09, 2005
10:13 am - Another selldown day for FKLI
This is 3rd consecutive down day for FKLI. Think to buy. I am looking for the reversal candle to appear.
Wait for FKLI to bound back. Average weekly range is now at 23 pt.
The FKLi has gone almost 10 pts discount.
Wait for FKLI to bound back. Average weekly range is now at 23 pt.
The FKLi has gone almost 10 pts discount.
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