Archive for the ‘Uncategorized’ Category
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A new section for Members Only has now been created in The Malaysian Futures Portal. Only members are able to read the latest post in this blog. The old posts of this blog will still remain. This blog will still be updated with trade initiation from time to time but it would not be so timely as compared to what the members see at the Members’ Area. If you wish to be a member, please CLICK HERE to register and subscribe.
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Trade Initiation for the Day
FKLI April 2009 contract opens at 1000. If price touched 1002 first that would be our short selling signal while if price touches 992 first that will be our long signal.
Update at 8.48 am – Price touches 1002, and a sell signal has been triggered there. Place stop loss 5 points away at 1007 while take profit 5-7 points away at 997 to 995.
Update at 9.13 am – Price touched our profit taking point of 997. Very early today to win 5 points!!!
Trade Initiation for the Day
Filed under: Uncategorized | Tags: FKLI, Futures, KLCI, Kuala Lumpur Composite Index, Trading Ideas
Comments (1) FKLI opened at 861.5 and went up to 863 to trigger a short signal there. Place cut loss point 5 points away at 868 and take profit 5-7 points away at 858 to 856.
Update at 9.45 am – Stop loss of 868 was triggered and a lost of 5 points.
Trade Initiation for the Day
Filed under: Uncategorized | Tags: FKLI, Futures, KLCI, Kuala Lumpur Composite Index, Trading Ideas
Leave a Comment Update at 8.50 am – A short signal was triggered at 856 when FKLI reached that level. Place a cut loss 5 points away at 861 while take profit 5 – 7 points away at 851 to 849.
Update at 3.30 pm – FKLI came down to 851, reaching the profit taking point. A 5 point PROFIT today!!
Trade Initiation for the Day
Filed under: Uncategorized | Tags: FKLI, Futures, KLCI, Kuala Lumpur Composite Index, Trading Ideas
Leave a Comment Update at 10.10 am – A long signal was triggered at 841 about 9.00 am when price came down from the opening at 842. Place stop loss at 836 and take profit 5-7 away at 846 to 848.
Update at 10.45 am – Another 5 points profit made!! FKLI reached 847, passed the target of 846.
