Trade Initiation for the Day – 17 December 2009

FKLI opened at 1263, so that means it will trigger our que to go SHORT at 1265 if the price touches there.

Update at 8.53 am - FKLI touched our trigger to go SHORT at 1265.  Place stop loss 5 points away at 1270 and take profit 5-7 points away at 1260 to 1258.

Update at 5.15 pm - FKLI suddenly came down and touched our profit taking point at 1260, so 5 points profit for today.

Performance so far for December 2009 = 15.5 points/contract
Win = 6 times, Lose = 3 times WDWWWDDLLLWDW

How do I interpret this?

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Trade Initiation for the Day – 16 December 2009

FKLI opened at 1266 and subsequently touched our que to go SHORT at 1267.  Place stop loss 5 points away at 1272 and take profit 5-7 points away at 1262 to 1260.

Update at 5.15 pm – FKLI closed at 1267, so today is a draw trade.

Performance so far for December 2009 = 10.5 points/contract
Win = 5 times, Lose = 3 times WDWWWDDLLLWD

How do I interpret this?

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Trade Initiation for the Day – 15 December 2009

FKLI opened at 1262.5 and subsequently touched our que to go LONG at 1262.  Place stop loss 5 points away t at 1257 and take profit 5-7 points away at 1267 to 1269.

Update at 5.15 pm – FKLI closed at 1265.5, so today’s trade has a profit of 3.5 points.

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Trade Initiation for the Day – 14 December 2009

FKLI opened at 1258, and subsequently touched our que to go SHORT at 1257.  Place stop loss 5 points away at 1262 and take profit 5-7 points away at 1252 to 1250.

Update at 5.15 pm -  FKLI touched our stop loss point at 1262, so 5 points loss for today.

Performance so far for December 2009 = 7 points/contract
Win = 4 times, Lose = 3 times WDWWWDDLLL

How do I interpret this?

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Trade Initiation for the Day – 10 December 2009

FKLI opened at 1257.5, so that means our positions qued to long at 1259 will be triggered, while those qued to go short at 1256 will be triggered, whichever touches first.

Update at 8.49 am – FKLI touches our que to go LONG at 1259.  Place stop loss 5 points away at 1254 and take profit 5-7 points away at 1264 to 1266.

Update at 5.15 pm - FKLI closed at 1256, so our trade is a 3 points loss.

Performance so far for December 2009 = 15 points/contract
Win = 4 times, Lose = 2 times WDWWWDDLL

How do I interpret this?

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