As yesterday,
no position established.
Results
2 safe, 4 losses, 1 win
For FKLI,
High chances that FKLI is already reverse trend.
However, i'm question on the support levels to confirm it's uptrend.
Strategy:
Intraday Long
Position trades, wait first. yet to confirm.
If tomorrow, FKLI > 1110, long, cut loss at 15 min bar low -1.
If tomorrow, FKLI < 1110, short, cut loss at bar high +1.
If FKLI <1068.5, bear trend confirmed.
Trade for short term trading.
On my feeling, better to stay out. wait till direction is clear.
Monitor,
Dow JOnes closing
Wednesday have CPI, the Empire index, Industrial production and the FOMC minutes.
Thursday have weekly Jobless claims and the Philly FED.
Friday Options expiration , Housing starts and Building permits will be released.
Nikkei morning opening.
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Dow Jones +253
ReplyDeleteNikkei +218
Market suppose gap up.
wait and see
FKLI 15 min support at 1116,
ReplyDeleteshort if 15 min bar close below 1116, not low
FKLI 15min chart close below 1120, show some sell signal.
ReplyDeletemy entry still remain at 1116 below
RSI in 15min show break down signal.
ReplyDeletewait 15min bar closing below 1116
ReplyDeleteshort position establish, FKLI 15 mim bar close below 1116.
ReplyDeletestop loss put at 1122.5
hourly new low
ReplyDeleteFKLI stop change to 1119.5
ReplyDeletethis FKLI position might consider hold overnight
ReplyDelete