FKLI Futures Trading - Bursamalaysia
This will chronicle trading in the FKLI & FCPO futures. If you don't like what you see/read in this blog, just surf away. These opinions are our personal opinions and just a record of our thoughts..."In evolution, it’s not the biggest, the fiercest nor the smartest that survive, it’s the one that changes the fastest.” I.e. the key word is to adapt the trading style to the markets, until it stops working
Friday, November 30, 2007
Wednesday, November 28, 2007
Tuesday, November 27, 2007
Monday, November 26, 2007
20071126 1610. Nearing the ned of the day without a setup. Maybe if FKLI futures can stay in the range of 1375-78 at the close of the 4:30 pm 15 min bar, we will have a setup.
Sunday, November 25, 2007
20071123 1715. FKLI futures, with breakout levels (drawn after the fact though).. These are possible levels for this day, but strictly not conforming to the setup, but looks nice though. There is some communication that Bursa will launch the DMA sometime in the next two weeks, however none of the clients (brokers) or ISV have a working product for implementation. But is good that the official launch is on.
Thursday, November 22, 2007
20071122 1518. No setup so far today, and doesn't seem to be one coming with the increased volatility.
Wednesday, November 21, 2007
Tuesday, November 20, 2007
20071120 1600. FKLI futures trading was suspended shortly after 14:50 today, last price traded 1376.
Monday, November 19, 2007
20071119 1014. 1382 and 1386.5 sets up as the breakout levels for the FKLI futures at the end of this 10:15 bar.(Chart later)
Friday, November 16, 2007
Thursday, November 15, 2007
20071115 1025. If at the end of the 10:30 15 min bar, 1402 and 1398.5 holds the range for the FKLI futures, these levels will set up.
Wednesday, November 14, 2007
20071114 1102. If at the end of this 11:15 candle, we are still within the range 1399.5 and 1404.5, then these breakout levels set up for the FKLI Futures.
Tuesday, November 13, 2007
Monday, November 12, 2007
Friday, November 09, 2007
20071109 1622. At the end of the 16:30 bar, if we are still within the 1402-1405.5 range, then we will be setting up the breakout levels. Let's see what happens.
Wednesday, November 07, 2007
Tuesday, November 06, 2007
20071106 1116. FKLI establishes breakout levels at 1383 and 1391.5. Let's see what happens.(chart to follow)
Monday, November 05, 2007
Friday, November 02, 2007
Thursday, November 01, 2007
"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore
From Dragons and Bulls by Stanley Kroll
Introduction and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system