4:07 pm - Looking to go long at 889

This wud be a good spot to go long provided setup and buy signal comes together.

3:44 pm - FKLI trading below 50MA - 887.5

It is short time now. We missed the last MACD cross down, so now we wait for cross up to go long. If there is a CNY rally, it has to start this week.

Look for the setup and buy signal for long.

9:54 pm - Year 2005 closes with a huge selldown at the end.

The FKLI closes with -5 pts lose as the window dressing comes to an end.

Fella who went long with no stop probably lose out today.

11:50 am - Trade #11 stop out at 901.5

Profit +7.5 pts.

10:25 am - Trade #11 is long at 894

Stop loss at 901.0. In the morning

2:43 pm - Trade #9 is stopped out at 891

Profit gain +4 pts.

It is coming to end of the closing mth and MACD tend not to do so well. So it is better to stay out.

10:28 am - FKLI hit high at 895

Trail stop to 891/890.5

4:43 pm - Trail stop to 888

Trade #9 is trailed higher to 888.

3:20 pm - FKLi is heading higher

If FKLI cannot breach 891.5, that it. You wud see MACD to cross down. This is a typical FKLI pattern.

It wud head high for the 1st time and the 2nd time it wud test it. If it cannot break higher that the last high. FKLI wud go lower.

12:14 pm - FKLI is not going any further.

Trade #9 stop is trailed higher to 887.5/888.0

2:51 pm - Trade #9 is triggered long at 887

Trade #9 is triggered long. Stop loss at 883.5

10:29 am - FKLI stopped out at 885.5

Profit +3 pts.

Ready for Trade #9

10:06 am - FKLI abt to cross up

Trail stop lower to 886/885.5. Be ready for Trade #9 to go long.

9:19 am - FKLI Trail stop higher

Trail trade #8 higher to 889.5

11:13 am - Trade #8 is shorted at 888.5

Stop loss at 892.0

10:24 am - Preparing for Trade #8 for short if below 50MA

Look for Trade #8 to go short if below 50 MA. i.e. below 888.5

10:21 am - FKLI trade #7 stoppped out at 891.5

Profit at 2.5 pts.

10:03 am - FKLi looks like going nowhere

Trail stop higher to 891.5/892. I have been in for 14 bars and haven't move any where but sideway

2:03 pm - FKLI hit high 896

Trail stop to 891.0

4:01 pm - FKLI really breakout today

Trail stop higher to 889.