The max weekly range average for year 2005 is 33.5 pts.
Can FKLI breaks 917 ? Maybe but it is statistically against me to trend against the trend.
I waiting for Trade #13 to go long and short if below 50MA.
Friday, January 06, 2006
11:12 am - Trade #12 stopped out at 910.5
This is good start for the year 2006. Profit +19.5 pts for trade #12
I was in the trade for 19 bars.
It is interesting to note that cash is up but FKLI is selling down.
I was in the trade for 19 bars.
It is interesting to note that cash is up but FKLI is selling down.
11:01 am - FKLI hits high at 917
Trail stop higher to 910.5 pts.
The 917 bar is long doji and it hit daily pivot resistance at 917.75.
So I reckon it cannot go up further and sell.
The 917 bar is long doji and it hit daily pivot resistance at 917.75.
So I reckon it cannot go up further and sell.
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