Archive for the ‘Tips of the Day’ Category
Trade Initiation for the Day – 9 November 2009
Filed under: Tips of the Day | Tags: FKLI, Futures, KLCI, Kuala Lumpur Composite Index, Trading Ideas
Leave a Comment FKLI opened at 1265.5 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 4.26 pm – FKLI touches our stop loss point of 1272, so 5 points loss for today.
Performance so far for November 2009 = -1 points/contract
Win = 2 times, Lose = 3 times LWWLDL
Trade Initiation for the Day – 6 November 2009
Filed under: Tips of the Day | Tags: FKLI, Futures, KLCI, Kuala Lumpur Composite Index, Trading Ideas
Leave a Comment FKLI opened at 1266, so our que to go LONG will be triggered at 1258.5 if price touches there.
Update at 5.15 pm – FKLI price never touched our trigger point for the day so no trade was made.
Performance so far for November 2009 = 4 points/contract
Win = 2 times, Lose = 2 times LWWLD
Trading Tips for the Day – 5 November 2009
Filed under: Tips of the Day | Tags: FKLI, Futures, KLCI, Kuala Lumpur Composite Index, Trading Ideas
Leave a Comment FKLI opened at 1257.5, so that means our positions qued to long at 1256 will be triggered, while those qued to go short at 1266 will be triggered, whichever touches first.
Update at 8.48 am – FKLI touches our que to go LONG at 1256. Place stop loss 5 points away at 1251 and take profit 5-7 points away at 1261 to 1263.
Update at 5.15 pm – FKLI closed at 1255, which means our trade lost 1 point today.
Performance so far for November 2009 = 4 points/contract
Win = 2 times, Lose = 2 times LWWL
Trade Initiation for the Day – 4 November 2009
Filed under: Tips of the Day | Tags: FKLI, Futures, KLCI, Kuala Lumpur Composite Index, Trading Ideas
Leave a Comment FKLI opened at 1244.5, and subsequently touches our que to go LONG at 1245. Place stop loss 5 points away at 1240, and take profit 5-7 points away at 1250 to 1252.
Update at 9.20 am – FKLI touched our profit taking point of 1250. So 5 points profit for today.
Performance so far for November 2009 = 5 points/contract
Win = 2 times, Lose = 1 times LWW
Trade Initiation for the Day – 3 November 2009
Filed under: Tips of the Day | Tags: FKLI, Futures, KLCI, Kuala Lumpur Composite Index, Trading Ideas
Leave a Comment FKLI opened at 1246.5, so that means our positions qued to long at 1242 will be triggered, while those qued to go short at 1249 will be triggered, whichever touches first.
Update at 4.37 pm - FKLI touched our profit taking point at 1244 after it touched our que to go short at 1249 earlier. So 5 points profit for today.
Performance so far for November 2009 = 0 points/contract
Win = 1 times, Lose = 1 times LW
