4:17 pm - FKLI MACD to cross up

This is not a buy signal as this is part of the earlier cross up which occurred yesterday.

2:34 pm - FKLI is very choppy now.

FKLI is trendless now and it depends on news to move.

2:22 pm - Trade #2 was stopped out at 923.0

Tighten my stop to 923.0. Loss -2 pts.

This is record loss for 6 consecutive losses. But average losses per trade is 2 pts.

I am waiting for the next winning.

4:12 pm - Trade #2 is long at 925.0

Long position is triggered at 925.0.

stop loss at 922.5/922.0

11:19 am - FKLI long setup is forming

Ready for MACD to cross up and long at 924.5/924.0 for Feb Mth or 920.5/921.0 for March Mth.

March Mth wud be better if we can carry the contract longer than Feb Mth.

10:44 am - FKLI is holding on its support 924/924.5

It did break below 923.0 and shot back to 924.0

By ready to go long. The long setup is in the making.

12:49 pm - FKLI sell down to 924

I think FKLi is going to selldown lower. However, there is not short setup or sell signal.

Opt to sit this one out.

10:14 am - FKLI is becoming unpredictable

Mkt gap up to 929 (+1 pt) and top at 931 and then selldown. It is difficult to trade until the last few days of the month from 21 Feb onwards.

FKLI has to break 933.5 to go long and break 924.5 to go short. Else it is ranging.

5:11 am - Trade #1 is stopped out at 928.5

Loss -2 pt. Trading is not all rosy.

4:01 pm - Cash looks strong today +2.93 pts = 930

Tighten stops to 928.5

3:01pm - FKLI did not hit the 929.5 stop

FKLI is still trading sideway, refusing to go down.

4:42 pm - Trade #1 is short at 926.5

MACD cross down and hit below 50MA. Short position is initiated.

Stop loss is at 929.5

4:14 pm - FKLI MACD had crossed down

Need to wait for it to crack below 50MA for short. Else sit out until the wash is completed before going long again.

3:08 pm - FKLI stop out at 929.5

Trade #20 ends with a loss 3 pts.

11:16 am - Trade #20 is long at 932.5

Stop loss at 929.5

4:35 pm - FKLI long setup is here and buy signal is here.

Based on many false signals over last week, I waiting for this to break 931.0. i.e. it has to break 931.5.

If this break, it wud be the 3rd time.

2:41 pm - Trade #19 stopped out at 929.0

Short position was not successfully. Loss of 3.5 pts.

FKLI moving sideway and we wud see of lot of entry setup and stop out.

That's trading.

10.00 am - Trail stop lower to 929.0

9:48 pm - FKLI gap up to 928 and hit 929 high

The stop at 929.5 pts was not triggered and selldown to 925.0

Generally, gap up is good day to short FKLI.

4:25 pm - FKLI short position Trade #19 is triggered short at 925.5

stop loss at 929.5