Friday, October 30, 2009

CPO 30th Oct 2009

As yesterday,
Long position established @2172.

Results.
1 safe, 2 con,11 losses, 15 win.
Average +455points/lot.

Outlook,
retracement at 50%
support at 2142 and 2100.

strategy,
wait til this wave 3 and wave 4 complete first, then only add position after wards.

FKLI 30th Oct 2009

As yesterday
no position established.

Results,
3 safe, 0 con, 17 losses, 9 win.
Average -34 points/lots

Outlook,
50% retrace @1236.

strategy,
uptrend,
support at 1242 and 1236

Thursday, October 29, 2009

CPO 29th Oct 2009

As yesterday,
No position established.

Results.
1 safe, 2 con,11 losses, 15 win.
Average +455points/lot.

Outlook,
seems like minor Wave 5 finished.
Rising wedge seems formed in hourly chart
Should be short term bearish. support at 2100 regions.

strategy,
stay out awhile

FKLI 29th Oct 2009

As yesterday
no position established.

Results,
3 safe, 0 con, 17 losses, 9 win.
Average -34 points/lots

Outlook,
still bullish, support at 1242, 1233.5

strategy,
uptrend,
but cautious

Wednesday, October 28, 2009

CPO 28th Oct 2009

As yesterday,
No position established.

Results.
1 safe, 2 con,11 losses, 15 win.
Average +455points/lot.

Outlook,
seems like minor Wave 5 finished.
Rising wedge seems formed in hourly chart
Should be short term bearish. support at 2100 regions.

strategy,
stay out awhile

FKLI 28th Oct 2009

As yesterday
no position established.

Results,
3 safe, 0 con, 17 losses, 9 win.
Average -34 points/lots

Outlook,
still bullish, support at 1242, 1233.5

strategy,
uptrend,
but cautious

Tuesday, October 27, 2009

CPO 27th Oct 2009

As yesterday,
No position established.

Results.
1 safe, 2 con,11 losses, 15 win.
Average +455points/lot.

Outlook,
seems like minor Wave 5 finished.
Rising wedge seems formed in hourly chart
Should be short term bearish. support at 2000 regions.

strategy,
stay out awhile

FKLI 27th Oct 2009

As yesterday
no position established.

Results,
3 safe, 0 con, 17 losses, 9 win.
Average -34 points/lots

Outlook,
still bullish, support at 1256.5, 1242, 1233.5

strategy,
uptrend,
but cautious

Monday, October 26, 2009

CPO 26th Oct 2009

As yesterday,
long @2113 ( Jan), half was took profit at 2155, another half at 2237
average price 2196, 83profit points
no position holding

Results.
1 safe, 2 con,11 losses, 15 win.
Average +455points/lot.

Outlook,
Wave 5 continue.
Rising wedge seems formed in hourly chart
support at 2194 and 2154 become very important.

strategy,
stay out awhile

FKLI 26th Oct 2009

As yesterday
long position @1251, took profit half at 1266.5, another half at 1268.5
average price is 1267.5, profit 16.5 points/lot
turn short position @1268, cut loss at 1270.5
stop triggered at 1270.5, loss 2.5 points
no position holding.

Results,
3 safe, 0 con, 17 losses, 9 win.
Average -34 points/lots

Outlook,
still bullish

strategy,
uptrend,
but cautious

Friday, October 23, 2009

CPO 23th Oct 2009

As yesterday,
long @2113 ( Jan), half was took profit at 2155.
profit 42 points

Results.
1 safe, 2 con,11 losses, 14 win.
Average +372points/lot.

Outlook,
Wave 5 continue.
Rising wedge seems formed in hourly chart
support at 2194 and 2154 become very important.

strategy,
place stop near.
possible might calculate wrong wave count.
if break lower, must take profit fast.

FKLI 23th Oct 2009

As yesterday
long position @1251, took profit half at 1266.5
still holding half of all position

Results,
3 safe, 0 con, 16 losses, 8 win.
Average -48 points/lots

Outlook,
FKLI should be rested at 1255 levels, 61.8%. if well supported, should be traded higher.
support at 1255 and 1242.5

strategy,
uptrend,
but cautious.

Tuesday, October 20, 2009

CPO 20th Oct 2009

As yesterday,
long @2113 ( Jan), half was took profit at 2155.
profit 42 points

Results.
1 safe, 2 con,11 losses, 14 win.
Average +372points/lot.

Outlook,
Wave 5 continue.
sky is the limit.

strategy,
hold long position all the time, cut loss at 2095

FKLI 20th Oct 2009

As yesterday
long position @1251, took profit half at 1266.5
still holding half of all position


Results,
3 safe, 0 con, 16 losses, 8 win.
Average -48 points/lots

Outlook,
Should be topped around 1273,
retrace slightly, then go up again.
overall, still uptrend

strategy,
uptrend,
but cautious.

Monday, October 19, 2009

CPO 19th Oct 2009

As yesterday,
long @2113 ( Jan), half was took profit at 2155.
profit 42 points

Results.
1 safe, 2 con,11 losses, 14 win.
Average +372points/lot.

Outlook,
Wave 5 continue.
sky is the limit.

strategy,
hold long position all the time, cut loss at 2095

FKLI 19th Oct 2009

As yesterday
short position @1253.5 took profit at 1250
profit 3.5 points
turn long @1251

Results,
3 safe, 0 con, 16 losses, 8 win.
Average -48 points/lots

Outlook,
i think uptrend resume.
yesterday just nicely hit 61.8% retracement.

strategy,
uptrend,
but cautious.

Friday, October 16, 2009

CPO 16th Oct 2009

As yesterday,
short position covered @2132 @2112, average @2120
profit 68 points/ lots
turn long @2113 ( Jan)

Results.
1 safe, 2 con,11 losses, 14 win.
Average +372points/lot.

Outlook,
Wave 5 continue.
sky is the limit.

strategy,
hold long position all the time, cut loss at 2095

FKLI 16th Oct 2009

As yesterday
short position established @1253.5

Results,
3 safe, 0 con, 16 losses, 7 win.
Average -51.5 points/lots

Outlook,
i think uptrend resume.
yesterday just nicely hit 61.8% retracement.

strategy,
later long on market to close position.
tired of FKLI....damn hard to trade.

Thursday, October 15, 2009

CPO 15th Oct 2009

As yesterday,
short position established @2188

Results.
1 safe, 2 con,11 losses, 13 win.
Average +304points/lot.

Outlook,
possible to retrace
if not break 2100, then long on dip.
support 2082.

strategy,
wait to long on dip

FKLI 15th Oct 2009

As yesterday,
no position established.

Results,
3 safe, 0 con, 16 losses, 7 win.
Average -51.5 points/lots

Outlook,
i think uptrend resume.
resistance at 61.8%, 1165.

Wednesday, October 14, 2009

CPO 14th Oct 2009

As yesterday,
long @2120 took profit at 2145, profit 25 points

Results.
1 safe, 2 con,11 losses, 13 win.
Average +304points/lot.

Outlook,
possible to retrace
if not break 2100, then long on dip.
support 2082.

strategy,
wait to long on dip

FKLI 14th Oct 2009

As yesterday,
no position established.

Results,
3 safe, 0 con, 16 losses, 7 win.
Average -51.5 points/lots

Outlook,
i think uptrend resume.
resistance at 61.8%, 1165.

Tuesday, October 13, 2009

CPO 13th Oct 2009

As yesterday,
still holding long @2120

Results.
1 safe, 2 con,11 losses, 12 win.
Average +279points/lot.

Outlook,
got to break 2154 and 2188 levels.
else, there is still possibility for down trend

strategy,
change stop to 2130.

FKLI 13th Oct 2009

As yesterday,
no position established.

Results,
3 safe, 0 con, 16 losses, 7 win.
Average -51.5 points/lots

Outlook,
i think uptrend resume.
resistance at 61.8%, 1165.

strategy,
stay out or long

Monday, October 12, 2009

CPO 12th Oct 2009

As yesterday,
still holding long @2120

Results.
1 safe, 2 con,11 losses, 12 win.
Average +279points/lot.

Outlook,
CPO daily and hourly seems like got falling wedge.
if break up, i think CPO bull rally intact back

strategy,
hold position first

FKLI 12th Oct 2009

As yesterday,
no position established.

Results,
3 safe, 0 con, 16 losses, 7 win.
Average -51.5 points/lots

Outlook,
i think uptrend resume.
resistance at 61.8%, 1165.

strategy,
stay out or long

Friday, October 9, 2009

CPO 9th Oct 2009

As yesterday,
holding long @2120

Results.
1 safe, 2 con,11 losses, 12 win.
Average +279points/lot.

Outlook,
Based on wave count, should be have 1 more sell down,
lower low expected
2003, 1970, 1930

strategy,
hold position first, but i'm a bit scare.

FKLI 9th Oct 2009

As yesterday,
no position established.

Results,
3 safe, 0 con, 16 losses, 7 win.
Average -51.5 points/lots

outlook,
i'm not sure

strategy,
stay out

Thursday, October 8, 2009

CPO 8th Oct 2009

As yesterday,
holding long @2120

Results.
1 safe, 2 con,11 losses, 12 win.
Average +279points/lot.

Outlook,
Based on wave count, should be have 1 more sell down,
lower low expected
2003, 1970, 1930

strategy,
later might consider cut loss

FKLI 8th Oct 2009

As yesterday,
no position established.

Results,
3 safe, 0 con, 16 losses, 7 win.
Average -51.5 points/lots

Outlook,
confusing again
wait and see first

Strategy,
Stay out

Tuesday, October 6, 2009

CPO 06th Oct 2009

As yesterday,
holding long @2120

Results.
1 safe, 2 con,11 losses, 12 win.
Average +279points/lot.

Outlook,
Critical support break.
seems downtrend continue.

strategy,
see first.
break lower, then cut

FKLI 06th Oct 2009

As yesterday,
no position established.

Results,
3 safe, 0 con, 16 losses, 7 win.
Average -51.5 points/lots

Outlook,
confusing again
wait and see first

Strategy,
Stay out

Monday, October 5, 2009

CPO 5th Oct 2009

As yesterday,
holding long @2120

Results.
1 safe, 2 con,11 losses, 12 win.
Average +279points/lot.

Outlook,
Critical support break.
seems downtrend continue.

strategy,
will try to cut loss today,
support 2000.

FKLI 5th Oct 2009

As yesterday,
no position established.

Results,
3 safe, 0 con, 16 losses, 7 win.
Average -51.5 points/lots

Outlook,
confusing again
wait and see first

Strategy,
planning to sell

Friday, October 2, 2009

CPO 2nd Oct 2009

As yesterday,
holding long @2120

Results.
1 safe, 2 con,11 losses, 12 win.
Average +279points/lot.

Outlook,
seems supporting.
critical period
wait and see awhile

strategy,
long on dip

FKLI 2nd Oct 2009

As yesterday,
no position established.

Results,
3 safe, 0 con, 16 losses, 7 win.
Average -51.5 points/lots

Outlook,
once break previous low, 1201, consider bearish,
wave 3 is in.
100% at 1181.

Strategy,
planning to sell

Thursday, October 1, 2009

CPO 1st Oct 2009

As yesterday,
holding long @2120

Results.
1 safe, 2 con,11 losses, 12 win.
Average +279points/lot.

Outlook,
seems supporting.
critical period
wait and see awhile

strategy,
long on dip

FKLI 1st Oct 2009

As yesterday,
no position established.

Results,
3 safe, 0 con, 16 losses, 7 win.
Average -51.5 points/lots

Outlook,
still bearish,
support at 1202

Strategy,
wait and see first