3:53 pm - Trade #15 Stop loss triggered

As soon as the market is opened, my stop is triggered at 948.

Loss -4 pts.

Heh ! I am happy with a stop. The question is shud I reverse today ? My backtesting result is no. I wud only reverse if I have more than 20 bars in profits before reversing my position.

Rgds,
-martin-

4:07 pm - FKLI is strong if closed above 949.5/950 today

Looking to see how FKLi wud close today ?

Trade #15: Long position triggered at 951.5

Trade #15 triggered to go long at 952.0. Stop loss 945.0

6:42 pm - Preparing for Trade #15 to setup.

Waiting for MACD Hrly to cross up which shud be above 952.5/953.0
is my long signal.

Rgds,
-martin-

6:39 pm - Trade #13 trailing stop triggered

At 8.45 am today, trail stop higher to 953 and was hit at 9.30 am and reverse, turning short when mkt is selling down. Total profit

Trade #13 profit is +15 pts.

Trade #14 is short at 935.0 and took profit when FKLI hit 949.5 with 3.5 pts.

Trade #14 profit is +3.5 pts.

5.00 pm - Cash vol is hitting above 800+ mil

Sign of foreign funds are in force.

4:55 pm - FKLI is becoming super bullish, Hit 5 year high at 959

Watch for the profit taking, watch out for the MACD cross down. Prepare to take profit at 952.5. Trailing stop is at 952.5.

8:27 pm : Trade #13 executed long at 938

The long signal came early at 9 am and long position established. Stop is at 943.5

3:41 pm - Preparation for Monday Trade #13

Wait for the MACD to cross up and confirm a higher high preferable after 9.00 am - long position at 937/937.5.

Wud call my broker to confirm the setup tomorrow.

11:26 am - FKLI moving sideway

It is difficult to catch any trend on the last 3 days prior to closing of
FKLI due to institution rollover. Even there is a trend, it is difficult to
tell if it is real or not.

Have to see how FKLI Aug close today.

Rgds,

-Martin Wong-

10:54 am - FKLI Aug MACD had cross down but staying above 50 MA. Stay long

Rgds,

-Martin Wong-

10:53 am - Trade #11 end with a loss.

Stop out at 932.5 with -2 pts loss.

Rgds,

-Martin Wong-

2:22 pm - Trade #12 for FKLI Aug is triggered at 934.5

The Aug mth FKLI MACD did cross up with 7 bar line chg signify long position. It took out the last high at 932 and with 2 pts buffer, the long position is on at 934.5.

I was out of the office so the trade is not taken.

2:13 pm - FKLI is now at 937. trading at premium of 2.7

Rgds,

-Martin Wong-

10:12 am - FKLI break to 938.5 but no long signal yet

My long position has not turn buy yet even MACD did cross up, the 1st bar at
the point after MACD did cross up, the high must be higher than the last
bar.

However, the bar was the same. Hence, no buy signal at 938.5. It had to
break 938.5 and higher.

Rgds,

-Martin Wong-

9:44 am - FKLI open weak at 932

Looking to short the market. However, FKLI has not crossed the 50 MA. No
signal to short yet.

Rgds,

-Martin Wong-

5:08 pm - Call Broker to close trade #11 at 932.5

Trade #11 closed at 932.5 = +3.5 pts.

Rgds,

-Martin Wong-

3:41 pm - FKLI won not break down beyond 932.

Watch out the Bollinger Band, it is narrowing now. Watch out for the MACD
cross up if it is crossing.

My stops is higher at 931.5

Rgds,

-Martin Wong-

1:26 pm - MACD had crossed down.

I can take profit at 933 but I choose to let the FKLI to take me out.

Rgds,

-Martin Wong-

1:05 pm - Cash is down 4 pts but FKLI is holding on

My stop stay at 931.0

Rgds,

-Martin Wong-