***** Next Master the Markets Foundation Course 1.5 days - Sept 14-15, 2009. Call Dolly at 03 4252 4149 to enroll ! ***** The Importance of Being A "Honest" Trader :-) martin_tf_wong@hotmail.com

Thursday, May 04, 2006

5:17 pm - FKLI abt to cross up.

Cash took a turn and decide to breakout on the last 1 min.

Tomorrow wud be an interesting day. Look to go long on dips provided MACD have crossed up.

Wednesday, May 03, 2006

5:01 pm - Cash appearing to be reversal.


Appear a reversal bar at the top.

5:01 pm - FKLI cross down again.

Look to go for long.

4:28 pm - Trade #14 is stopped out at 944.

Break even trade +1 pts.

9:52 am - Move stop higher to 944.0

Tuesday, May 02, 2006

2:56 pm - Stop at 941.0

9:55 am - Trade #14 long at 943

MACD cross up for May contract.Stop loss at 940.0/940.5

Friday, April 28, 2006

11:14 am - Trade #13 ended with 3 pts profit.

FKLI May MACD had cross down and is trading below 50MA. This is the last day of April contract. Wait for May 2 to trade and signals are mixed.

Wednesday, April 26, 2006

11:07 pm - Trail stop to 940.0

Trade #13 is in the money.

FKLI is only few points from the historical high at 954.5

9:37 am - FKLI May Contract long at 938.5

Sell stop at 936.5. This is trade #13

Tuesday, April 25, 2006

4:18 pm - Trade #12 is out at 940

Today, there is a lot of short covering in the morning as the short did not work.

FKLI MACD abt to turn up. At this junction, go for May contract so we can rollover to the next mth.

Monday, April 24, 2006

4:56 pm - Trade #12 is shorted at 938.0

Stop at 941.0

11:03 am - Trade #11 is stopped out at 941

Long at 943 and got out at 941 with a loss of -2 pts.

The FKLI now has turned down - MACD had crossed down and sell signal is on. FKLI is dippg below 50MA.

Daily pivot
R1 = 946.0
P1 = 943.5
S1 = 940.5

Friday, April 21, 2006

12:20 pm - FKLI cross up and long signal

FKLI traded higher and broke up. Trade #11 is long at 943.0

Stop loss at 941.5/941.0

Thursday, April 20, 2006

10:42 am - FKLI MACD abt to turn down.

No short selling since it is above 50MA.

10:24 am - There were no long signal on last gap up

MACD cross up but there were no 7 bar line change. So no trade took place.

Although the FKLI gap up to 936 and ran up to 943.

We are seeing some strong resistance at 943/945.

Monday, April 17, 2006

9:52 pm - Trade #10 ended with a loss -1.5 pts

Trade #10 is a loss. Entry long at 933.5 and stop out at 932.0 today.

Daily Pivot for tomorrow is
R1=935.5
P1=931.5
S1=927.5

To go short either take the breakout of 927.5 or short on pullback.

At this point, I may want to short on pullback.

FKLI MACD had crossed down and below 50MA. Signal - Time to go short.

Friday, April 14, 2006

10:12 am - FKLI is ready to cross up

MACD cross up and buy signal at 935.0/934.5

Daily Pivot:
R1 : 934.5
P : 932.0
S1 : 930.0

Thursday, April 13, 2006

9:36 am - Wait for MACD to cross up

Long position shud be at 935.5/936.0

Friday, April 07, 2006

10:08 am - MACD has crossed down.

If it break down to 930, this is definitely a short day. I think it wud hold and move sideway before thrusting upward.

Wait for MACD to cross up and long signal at 940.5/941.0