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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!!!

Protected: Trading Tips for the Day

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Protected: Trading Tips for the Day

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Protected: Trading Tips for the Day

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Trade Initiation for the Day

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.

Protected: Trading Tips for the Day

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Trade Initiation for the Day

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!!

Protected: Trading Tips for the Day

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Trade Initiation for the Day

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.

Side Track – About Streamyx Throttling Torrent

For those of you who have been wondering if your downloading speed for torrent has been throttled or slowed down deliberately, I can now confirm that it has indeed been done. You can check by simultaneously downloading say 10 popular movies with torrents that has many seeds, to confirm that your downloading speed is slow. Then turn off your torrent downloading and then go to http://speedtest.net/ to do a line check and speed test to, say Washington DC to determine your line is actually fast or slow. If your speed test reveals that your line is fine, then your torrent downloading speed has been throttled.

Right now Streamyx has made it not very obvious that they are throttling your torrent downloading speed because they only slowed it down, not completely stopping it. So you will be getting speeds like 20Kb/s instead of about 70Kb/s for 0.5mb line, and 140Kb/s for 1mb line.  But you can confirm that your line has been throttled by doing the tests suggested above.

But, luckily there are ways to bypass this, at the moment.  I am not sure how long this bypass will last before TMNutters will discover it, but we can only enjoy while it lasts.

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