Trade Initiation for the Day – 31 July 2009

FKLI opened at 1169.  Subsequently it touches our que to go LONG at 1170.  Place stop loss 5 points away at 1165 and take profit 5-7 points away at 1175 to 1177.

Update at 10.04 am – DONE!!! FKLI touched 1175 which is our profit taking point.  So 5 points win for today.

Performance so far for July 2009 = 45.5 point/contract
Win = 15 times, Lose = 6 times WLWLWLWWWWLWWLWLWWWWW

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Trading Tips for the Day – 30 July 2009

FKLI opened at 1163.5.  This means our positions qued to long at 1153 will be triggered, while those qued to go short at 1167 will be triggered, whichever touches first.

Update at 9.00 am - FKLI touches 1167, which means our que to go SHORT has been triggered.  Place stop loss 5 points away at 1172 and take profit 5-7 points away at 1162 to 1160.

Update at 9.21 am – DONE!!! FKLI touches our profit taking point of 1162.  So 5 points profit for today!! Very early indeed.

Performance so far for July 2009 = 40.5 point/contract
Win = 14 times, Lose = 6 times WLWLWLWWWWLWWLWLWWWW

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Trade Initiation for the Day – 29 July 2009

FKLI August 2009 contract opened at 1070.  This means our positions qued to long at 1167 will be triggered, while those qued to go short at 1180 will be triggered, whichever touches first.

Update at 9.20 am - FKLI touches our trigger to go SHORT.  Place stop loss 5 points away at 1185 and take profit 5-7 points away at 1175 to 1173.  The number of lots done at 1180 was not that many, so some of you may have to sell at a lower price.

Update at 9.45 am - FKLI touches our profit taking point of 1175.  So 5 points profit for today!!

Performance so far for July 2009 = 35.5 point/contract
Win = 13 times, Lose = 6 times WLWLWLWWWWLWWLWLWWW

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Trade Initiation for the Day – 28 July 2009

FKLI opened at 1153 and subsequently triggered our que to go LONG at 1154.  Place stop loss 5 points away at 1149 and take profit 5-7 points away at 1159 to 1161.

Update at 9.10 am – DONE!!! FKLI touches our profit taking point of 1159.  So 5 points profit for today.  Superb.

Performance so far for July 2009 = 30.5 point/contract
Win = 12 times, Lose = 6 times WLWLWLWWWWLWWLWLWW

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Trade Initiation for the Day – 27 July 2009

FKLI opened at 1162 and subsequently touched our que to go SHORT at 1161.  Place stop loss 5 points away at 1166 and take profit 5-7 points away at 1156 to 1154.

Update at 9.19 am – DONE!! FKLI touches 1156 which means our profit point has been touched.  So 5 Points profit for today!!!

Performance so far for July 2009 = 25.5 point/contract
Win = 11 times, Lose = 6 times WLWLWLWWWWLWWLWLW

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