3:20 pm - Trail stop to 1125.5

8:46 pm - Trail stop loss to 1214.5

8:41 pm - FKLI Feb hits high at 1208

Current stop loss at 1198.0

12:17 pm - Rollover trade #5

Jan contract closes at 1182 and bought Feb contract at 1177.

Jan contract profit +8.5 pts.

Stop loss for Feb contract 1194.0

12:04 am - Trade #5 is triggered long at 1173.5

stop loss at 1167.5

8:22 pm - Trade #4 is out at 1173

Profit +23 pts.

2:35 pm - Long Trade #4 at 1150

Stop loss at 1142.5

4:05 am - Waiting for FKLI to cross up before taking some more position.

1:01 pm - Trade #3 is stopped out at 1136.5

Loss -3 pts.

Trade #3 is triggered long this morning. Enter at 1139.5

Stop loss now at 1133.5

Trade #2 is stopped out at 1122.5

Profit +15 pts.

9:51 am - Trade #2 was triggered long yesterday at 1107.5

Stop loss at 1116.5

10:14 : Here are the results of the last 20 trades

Trade date begin : 22 Aug 06
Trade date end : 2 Jan 07

Size of contract : 3
No of trades : 20
Net Profit : RM 22,165
Average win per trade : RM1,847
Average loss per trade : RM 343
Largest loss : RM 915
Largest win : RM 4,410
% of Winnings = 60%
Profit Factor = 10.11
Reward/Risk = 5.38

10:02 am - Trade #1 triggered short at 1103.

Stop out within the same day at 1097.5. Profit +5.5 pts.

8:51 am - FKLI cannot break higher than 1120.5 for today.

From the outlook of chart, we may have reached at resistance at 1128.5 despite what the experts are saying how bullish it is.

3:43 pm - Waiting for the MACD to tell if I shud go long or short.

The daily candlestick is bearish after registering a doji bar yesterday. If today bar closes below 1115.5, the trend is bearish on short term.

3:32 pm - Trade #20 is stopped out at 1114.5

Profit +10 pts.

1:12 pm - FKLI Jan cross over at the opening.

Long at 10 am at 1104.5. Stop loss now at 1102.0

5:39 pm - Finally, the FKLI is crossing down.

Today is the end of the year 2006 trading. I believe I had a good year in trading. Trading returns is almost 60%. I believe the systems work. Cut your losses fast and let the profits run.

Have a good year for 2007 and make sure you have a trading goals ready for 2007.

Happy New Year.

I am think to go long at this stage. Wait until market re-opens on Jan 3, 2007

5:11 pm - No long position triggered as the 7 bar line change happens at 4-5 pm.

No position taken.