10:04 am - FKLi trade #6 is on for 906.5

It is 10 am and FKLI has crossed over and new breakout.


Stop loss at 902.0

9:05 am - FKLI trade #5 is stopped out at 897

Slippage of +0.5 pts. Profit +14.5 pts.

12:11 am - Trail to 897.5

11:10 am - Trail stop to 893

10:49 am - Trail stop to 892.5

3:01 pm - Trail stop to 889.5

10:29 am - Trail stop to 888.5

4:21 pm - Trail stop to 887.5

10:43 am - Trail stop to 887.0

9:08 am - FKLi gap up to 890

Trail stop to 885.5

3:19 am - Trade #5 is trailed to 879.0

12:29 pm - FKLI is triggered long at 882.5

Stop loss at 877.5

10:34 pm - FKLI did not had a 7 bar l/c

There were no short signal yesterday.

10:21 am - FKLI MACD abt to cross down and below 50MA

The short signal is here soon. Be ready to short at 875.5.

Due to the sideway market. SHort when the market pullback abit.

SHort at higher

9:36 am - FKLI MACD is still up.

No long or short signal yet.

THE cash mkt is still weak. The foreigner had cleared out, so what is left is the local funds holding the mkt. If the foreigner don't come, the mkt wud move sideway for a very long time.

The cash has a good support at 880-885.

Weekly pivot
R1 = 916.6
P = 899
S1 = 881.3

To see an uptrend, it has to clear 900 convincingly.

9:34 am - DJIA +200 pts certainly push up thing

The FKLI is directionaless and sometime like +200 pts from DJIA wud make the gap up interesting.

By following the system and not shorting after being stop out for trade #4, we wud avoid big losses. Imagine short at 877 and mkt gap up to 887.

Follow the systems

2:49 pm - Trade #4 stopped out at 877

Loss of 3.5 pts.

9:42 pm - FKLI gap up to 881 and straight to 885

Trail stop to 876.5 for trade #4

4:54 pm - FKLI turn up and down.

Long at 880.5. Stop loss at 875.5

2:28 pm - FKLI MACD is abt to turn up.

Be ready to go long when it cross up. FKLI trading at 22 discount.