Wednesday, December 9, 2009

CPO 8th Dec 2009

As yesterday,
No position established

Results.
1 safe, 2 con,11 losses, 16 win.
Average +491points/lot.

outlook,
if 2491 and 2502 is holding well, possible CPO might seen at bottomed.
if break 2533 first bullish signal

FKLI 8th Dec 2009

As yesterday
short @1266.5 established. cut loss at 1271

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

Outlook,
Possible that FKLI might be bottom around support level 1252.
too many cross over this support levels.
have to be very careful.

Monday, December 7, 2009

CPO 7th Dec 2009

As yesterday,
No position established

Results.
1 safe, 2 con,11 losses, 16 win.
Average +491points/lot.

Outlook,
bullish but rersistance 2604, 2658

strategy,
if not lower 2510, 2463, 2445, apply long and hold strategy

FKLI 7th Dec 2009

As yesterday
short @1266.5 established. cut loss at 1271

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

Outlook,
Yesterday, support levels at 1265 break, next is 1265.5, 1254.
further break lower shall indicates more selling pressure.
currently, short is preferable, cut loss prefered at 1279 or 1283

Strategy,
cautious, short if not break above 1277

Saturday, December 5, 2009

Thought Of A Day.

Trading.

What is trading?

Some said trading is just a hobby. Meant to get some thrill in the process yet a possibility to earn income. Is it true?

Some said trading is a gambling activity. it's either up or down, win or loss, is it true?

Thursday, December 3, 2009

CPO 4th Dec 2009

As yesterday,
No position established

Results.
1 safe, 2 con,11 losses, 16 win.
Average +491points/lot.

Outlook,
CPO low is 2463, 78.6% is 2458. seems not reach any projected levels.
However, big symmetric triangle form in hourly chart.
thinking complex correction formed. Wave C seems to touch 2458 levels.

Strategy,
wait and see.
lower 2458, short,
above 2458, long.

FKLI 4th Dec 2009

As yesterday
no position established.

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

Outlook,
Yesterday, support levels at 1268 break, next is 1265.5, 1254.
further break lower shall indicates more selling pressure.
currently, short is preferable, cut loss prefered at 1279 or 1283.

strategy,
try to short if open lower, cut loss on previous 15 min high.
try to long if break 1273.5. cut loss on previous 15 min low.