Monday, August 10, 2009

FKLI 10th Aug 2009

As yesterday,
short position established @1182. stop @1191

Result
3 safe, 0 con, 10 losses, 3 win.

Outlook,
Bearish trend in jeapordy
possible to reach 1199 or 1208.

Strategy,
stay out awhile. to see how's the market.

If FKLI > 1188, in 15 min closing, cut loss at 1191.
if FKLI < 1170, in 15min closing, short, cut loss previous 15min bar high + 3 points.

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