Trade Initiation for the Day – 28 August 2009

FKLI opened at 1175.5 and subsequently triggered our que to go SHORT at 1174.  Place stop loss 5 points away at 1179 and take profit 5-7 points away at 1169 to 1167.

Update 4.49 pm - DONE!! FKLI touches our profit taking point of 1169.  So 5 points profit for today.

Performance so far for August 2009 = 18.5 points/contract
Win = 11 times, Lose = 7 times WWWWLLLWWLWWLLWDLDWW

How do I interpret this?

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Trade Initiation for the Day – 27 August 2009

FKLI opened at 1168.  This means our positions qued to long at 1166.5 will be triggered, while those qued to go short at 1169.5 will be triggered, whichever touches first.

Update at 9.05 am – FKLI touches our que to go LONG at 1166.5.  Place stop loss 5 points away at 1161.5 and take profit 5-7 points away at 1171.5 to 1173.5.

Update at 10.44 am – DONE!!! FKLI touches 1171.5 which is our que to take profit.  So 5 points win for today!

Performance so far for August 2009 = 13.5 points/contract
Win = 10 times, Lose = 7 times WWWWLLLWWLWWLLWDLDW

How do I interpret this?

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Trade Initiation for the Day – 25 August 2009

FKLI opened at 1175.5 and subsequently touched our que to go LONG at 1176.  Place stop loss 5 points away at 1171 and take profit 5-7 points away at 1181 to 1183.

Update at 9.35 am – FKLI touches our stop loss point of 1171.  So 5 points loss for today.

Performance so far for August 2009 = 8.5 points/contract
Win = 9 times, Lose = 7 times WWWWLLLWWLWWLLWDL

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Trade Initiation for the Day – 24 August 2009

FKLI opened at 1171.  That means our que to go LONG at 1166 will be triggered if price touches there.

Update at 4.08 pm – Our que to go LONG at 1166 has not been triggered and as price is quite far away, one may opt not to trade and delete the que from 1166 from about 4.30 pm onwards if it is not done yet.

Performance so far for August 2009 = 13.5 points/contract
Win = 9 times, Lose = 6 times WWWWLLLWWLWWLLWD

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Trade Initiation for the Day – 21 August 2009

FKLI opened at 1161 and subsequently came down to 1158 and triggered our que to go LONG there.  Place stop loss 5 points away at 1153 and take profit 5-7 points at 1163 to 1165.

Update at 9.04 am – DONE!!! FKLI touches our profit taking point of 1163.  So 5 points profit for today.

Performance so far for August 2009 =13.5 points/contract
Win = 9 times, Lose = 6 times WWWWLLLWWLWWLLW

How do I interpret this?

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