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Thursday, August 09, 2007

4:46 pm - FKLI has crossed down below 50MA

Ready to short when crossdown.

Wednesday, August 08, 2007

2:33 pm : FKLI did break out 1380.0

There were no 7 bars line at the crossover. No signal for long.

It is ok if FKLI goes higher.

10:05 am - FKLI has crossed up due to gap up

However, there is no 7 bars line change.

Tuesday, August 07, 2007

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.

Monday, August 06, 2007

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

Friday, August 03, 2007

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.

Monday, July 30, 2007

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.

Thursday, July 26, 2007

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.

Wednesday, July 25, 2007

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