Friday, March 10, 2006
2:35 pm - FKLI is near is 61.8% retracement high of 919
FKLi high was at 918 and near 919.5/920.0. If it can break this resistance, FKLI is trending higher.
Thursday, March 09, 2006
4:15 pm - FKLI has broken above 50MA at 912
The FKLI did break upside at the middle of MACD, it maybe due to short covering by EOD trader. The short covering by hrly trader was yesterday.
Yes, we do miss this kind of run.
Upside capped at 919.5/920.0 at 61% retracement
Yes, we do miss this kind of run.
Upside capped at 919.5/920.0 at 61% retracement
Wednesday, March 08, 2006
3:08 pm - FKLI has cross up and not break 910.5
FKLI is already in the midst of MACD. No long signal despite there is a long setup
9:51 am - FKLI is showing bullish divergence
As the price is dropping lower, but the MACD is moving higher.
A good setup for long position is in the making.
The long entry is at 911/911.5
A good setup for long position is in the making.
The long entry is at 911/911.5
Tuesday, March 07, 2006
11:42 am - After 4 days of consecutive down days
This is a short covering activities where shortists cover their short position by going long and we see a upsurge in the FKLI.
Monday, March 06, 2006
4:52 pm - FKLI : Look to go long at 915 pts.
The daily pivot is 916.33, R1 = 919.58 and S1 = 913.0
FKLI need to stay about 913 for long setup.
FKLI need to stay about 913 for long setup.
4:35 pm - FKLI has been down for 4 consecutive days
There is a high chance of the FKLI to rebound after 4 days of down. Yes, we did miss the short signal but we do not catch them all the time.
Remember risk and money management to prudent futures trading.
Watch for the long setup and buy signal.
Remember risk and money management to prudent futures trading.
Watch for the long setup and buy signal.
Friday, March 03, 2006
6:35 pm - FKLI could cross up and selldown
FKLI cud not cross up to 920.5 and beyond and roll down hill.
There was no opportunity to long and it is in the downtrend as MACD had cross down.
There was no opportunity to long and it is in the downtrend as MACD had cross down.
Thursday, March 02, 2006
Wednesday, March 01, 2006
12:26 pm - FKLI did not cross up and selldown
Wait for 50 MA to cross down to go short. But not now.
Tuesday, February 28, 2006
Subscribe to:
Posts (Atom)
