Thursday, November 12, 2009


20091112 1154 FKLI futures 5 min chart in sell mode again...

Wednesday, November 11, 2009


20091111 0929 GMT Long on cable today is 1.6735 for a 30 pip move only... may be cable is ranging out.


20091111 1519 Not looking too flash for any shorts... we have seen it all before, regionals, dow futures up, they press FKLI down.... Time to exit shorts.



20091111 1142 FKLI futures 5 min chart, looks to me like turning down, stop points are well defined...


20091111 1019 A little patience to hold on the the long turns the scalp trade into a bigger winner on the cable long from yesterday evening. A successful trend trade once told me, "you need to hold on longer to make bigger $(but will also have bigger risk), trading short term is only for income..." Prophetic words.