Trade Initiation for the Day – 25 November 2009

FKLI opened at 1271 and subsequently touched our que to go LONG at 1272.  Place stop loss at 1267 and take profit 5-7 points away at 1277 to 1279.

Update at 5.15 pm – FKLI closed at 1268.5 so that means today our trade lost 3.5 points.

Performance so far for November 2009 = -18.5 points/contract
Win = 6 times, Lose = 9 times LWWLDLLLWLLWWLL

How do I interpret this?

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Trade Initiation for the Day – 24 November 2009

FKLI opened at 1271, and subsequently touched our que to go long at 1271.5.  Place stop loss 5 points away at 1266.5 and take profit 5-7 points away at 1276.5 to 1278.5.

Update at 5.15 am – FKLI touched our stop loss point at 1266.5, so 5 points loss for today.

Performance so far for November 2009 = -15 points/contract
Win = 6 times, Lose = 8 times LWWLDLLLWLLWWL

How do I interpret this?

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Trade Initiation for the Day – 23 November 2009

FKLI opens at 1273.5, so that means our positions qued to long at 1268 will be triggered, while those qued to go short at 1274 will be triggered, whichever touches first.

Update at 9.36 am - FKLI touched our que to go SHORT at 1274.  Place stop loss 5 points away at 1279 and take profit at 1269 to 1267.

Update at 5.15 pm – FKLI closed at 1273 so today’s trade is a 1 point profit.

Performance so far for November 2009 = -10 points/contract
Win = 6 times, Lose = 7 times LWWLDLLLWLLWW

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Trade Initiation for the Day – 20 November 2009

FKLI opened at 1272 and at 9.10 am touched our que to go LONG at 1269.  Place stop loss 5 points away at 1264 and take profit 5-7 points away at 1274 to 1276.

Update at 11.30 am – FKLI touches our profit taking point of 1274, so 5 points profit for today.

Performance so far for November 2009 = -11 points/contract
Win = 5 times, Lose = 7 times LWWLDLLLWLLW

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Trade Initiation for the Day – 19 November 2009

FKLI opened at 1278.5 and subsequently touched our que to go LONG at 1275.  Later in the afternoon, it touched our stop loss of 1270, so 5 points loss for today.

Performance so far for November 2009 = -16 points/contract
Win = 4 times, Lose = 7 times LWWLDLLLWLLL

How do I interpret this?

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