As yesterday,
FKLI short position established.
stop parked at 1071.
Result: 2safe, 2 losses, 0 win.
For FKLI,
yesterday, FKLI manage to break new low and close almost the low
CI confirmed break from long consolidation.
Outlook:
Bearish, must break 1052 to confirm major correction.
Strategy:
If FKLI traded >1064, clear all position, stay out. No bull signal triggered
If FKLI traded > 1074, Bull signal triggered. observe price to go in.
If FKLI traded <1052, market confirmed major correction.
If FKLI traded 1052 < x <1064, monitor market. sell on strength. but cautious.
Things to observe,
Tonight Dow Jones closing
Monday starts the economic week with ISM services at 10:00.
Wednesday the Consumer credit report.
Thursday, the weekly Jobless claims.
Friday the Trade deficit, Import prices index, and Consumer sentiment.
Nikkei trading in morning.
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Dow Jones +44
ReplyDeleteNikkei starting to drop.
Market should be choppy.
Continue to hold short, cut loss if 15 min chart closing not above 1064 or better 1068
sorry, it's closing above 1064, not 'not above'
ReplyDeleteFKLI stop triggered.
ReplyDelete15min chart closed above 1064.
profit 5.5 point/lot
sell signal for FKLI seems almost appeared.
ReplyDeletei wait for 2nd bar appear
shit........
ReplyDeletemarket drop again.........
wait for signal to short
FKLI consolidating, range from 1059 - 1062.
ReplyDeleteFKLi possible to finish rebound,
ReplyDeleteresistance seen at 1064 and 1067.
if break 1060 on closing, then it's confirm sell signal