Archive for October, 2009|Monthly archive page

Trade Initiation for the Day – 29 October 2009

FKLI opened at 1227.5.  And subsequently price touched our que to go SHORT at 1237.  Place stop loss 5 points away at 1242 and take profit 5-7 points away at 1232 to 1230.

Update at 9.30 am – DONE!!! FKLI touches our profit taking point of 1232.

Performance so far for October 2009 = -1.5 points/contract
Win = 8 times, Lose = 8 times DWLWWLDLLDWLWLLWDDW

How do I interpret this?

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Trade Initiation for the Day – 28 October 2009

Update at 8.45 am – FKLI November 2009 opened at 1258 and subsequently touched our que to go SHORT at 1257.  Place stop loss 4 points away at 1261 and take profit 4-6 points away at 1253 to 1251.

Update at 11.02 am – FKLI touches our profit taking point of 1252.  So 5 points profit for today.

Performance so far for October 2009 = -6.5 points/contract
Win = 7 times, Lose = 8 times DWLWWLDLLDWLWLLWDDW

How do I interpret this?

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Protected: Trading Tips for the Day – 28 October 2009

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Protected: Trading Tips for the Day – 28 October 2009

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Trade Initiation for the Day – 27 October 2009

FKLI opened at 1254, so our que to go SHORT at 1258 will be triggered if price touches there.

Update at 5.15 pm – FKLI did not touch our trigger point to go short, so no trade for today.

Performance so far for October 2009 = -11.5 points/contract
Win = 6 times, Lose = 8 times DWLWWLDLLDWLWLLWDD

How do I interpret this?

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Protected: Trading Tips for the Day – 27 October 2009

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Trade Initiation for the Day – 26 October 2009

FKLI opened at 1263, so that means our que to go LONG as been triggered.  Place stop loss 5 points away at 1258 and take profit 5-7 points away at 1268 to 1270.

Update at 5.15 pm – FKLI closed at 1261 so today it’s a 2 point loss trade.

Performance so far for October 2009 = -11.5 points/contract
Win = 6 times, Lose = 8 times DWLWWLDLLDWLWLLWDL

How do I interpret this?

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Protected: Trading Tips for the Day – 26 October 2009

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Trade Initiation for the Day – 23 October 2009

FKLI opened at 1263.5, so that means our que to go LONG at 1261 will be triggered if price touches there.

Update at 5.15 pm – FKLI never touched our trigger point to go long at 1261.  So no trade for today.

Performance so far for October 2009 = -9.5 points/contract
Win = 6 times, Lose = 7 times DWLWWLDLLDWLWLLWD

How do I interpret this?

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