FKLI 12th Aug 2009

As yesterday
short position @1182 still holding, stop still remain at 1191.

Results:
3 safe, 0 con, 10 losses, 3 win.
Average -35 points/lots

Outlook,
Market should be end by tomorrow.
Bearish.

Strategy,
if FKLI >1188, upon 15 min closing, cut loss @1191
if FKLI 1188 < x < 1178, stayout,
if FKLI < 1178, sell signal, short, cut loss at 3 points higher in 15min chart.
if FKLI <1163, sell signal, short, cut loss at 3 points higher in 15min chart