FKLI 18th Aug 2009

As yesterday,
Short position still holding, @82, stop changed to 1185

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

Outlook,
Bearish is confirmed.
yesterday hit 223.6%
possible to rebound today.
aim at 50%@1171, 61.8%@1174.5

Strategy,
today, wait only, rebound sell. break lower, don't rush to sell.
break lower , sell only for intraday trading, trade for fun. not good for position.

if FKLI >1185, clear all position,
if FKLI 1159 < x <1175, sell on rebound or stay out.
if FKLI 1154, short signal, sell, but intraday, cut loss at previous 15min bar high.