The Importance of Being A "Honest" Trader :-) martin_tf_wong@hotmail.com

This blog website represents my daily trading positions and thoughts on how I trade the futures and commodity and allows others to view and understand the Importance of Being a "Honest" Trader.

Be true to your work, your word, and your friend.

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Monday, August 11, 2008

5:19 pm - Daily Pivot for 12 Aug 2008

For FKLI

For FCPO

Martin at 5:19 PM No comments:

5:16 pm - FKLI recover higher to close 1124.0

Volume is low !

Martin at 5:16 PM No comments:

4:34 pm - FKLI finally breakdown to 1118

Martin at 4:34 PM No comments:

4:09 pm - FKLI has no big players to push up the market.

Martin at 4:09 PM No comments:

11:57 am - FKLI is ready to break out 1132

It is running on premium now over cash market.

Martin at 11:57 AM No comments:

9:57 pm - FKLI broken out 1125 and reversed at 1133.5

FKLI is trending up.

Martin at 9:56 AM No comments:

9:19 am - DJIA has broken out 11700

However, volume for breakout is not convincing.

Martin at 9:19 AM No comments:

9:16 am - FKLI need to break and close above 1126

Else it is likely to form a double top at 1124/1125.

Martin at 9:16 AM No comments:

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