FKLI 6th Aug 2009

As yesterday,
short position covered @1180, loss 4 points

Results:
3 safe, 0 con, 10 losses, 3 win.
as total: losses.
Average : loss 35 point/lots

Outlook,
still looking topped around 1182 levels despite false break new high.

Strategy,
If FKLI >1182 on 15 min closing, turn long, cut loss at 15 min previous bar low
if FKLI 1182 < x < 1170, stay out
if FKLI < 1170, sell signal, short, cut loss at 1171.5 + 3 points.