Saturday, July 4, 2009

FKLI 6th July 2009

As yesterday,
FKLI short position was triggered
cut loss
loss 4 point/lot

Result: 2safe, 2 loss, 0 win

For FKLI,
yesterday July hourly chart show it's rectangular formation.

Outlook:
sideways, bearish

Strategy:

If FKLI traded > 1077.5 ( 15min chart closing), stay out, possible bullish

If FKLI traded <1072 ( 15min chart closing), short, cut loss remain at 1077 above, 15min closing

If FKLI traded 1072 < x <1077.5, stay out.

Things to observe

Morning Nikkei index

Morning Dow Jow futures.

All the best in trading.

7 comments:

  1. FKLI sell signal appeared.

    CI supporting at 1071.5 while resistance seen at 1081. once CI break this level. then sell signal for CI also triggered.

    ReplyDelete
  2. CI tesing support, not yet confirm break.

    ReplyDelete
  3. CI confirmed break in hourly chart.

    FKLI seem further selling signal come ahead.

    ReplyDelete
  4. wic level should i short? and where is the target pls...tq

    ReplyDelete
  5. what is the confirm selling price?

    ReplyDelete
  6. stop at 1067.5, if 15min chart close above 1067.5 ( not high, it's closing )

    another fresh sell signal if traded 1063.5 below ( 15min chart closing, not high) cut loss remain same

    ReplyDelete
  7. FKLI sell signal appeared.
    15min chart close at 1063. below 1063.5.

    cut loss loss place at 1067.5. ( also same like 15min closing at 1067.5 above.)

    ReplyDelete