Tuesday, February 24, 2009


Cash KLCI, market forces or manipulation? You can make your mind up. Please don't construe my rants as accusing some of 'creating false impression of market activity'. I am like the auditors, expressing an OPINION on the trading, which can be either true or false. At least it does provide trading opportunity....


20090224 1653. Cash KLCI index value last minute jumps by 4 points to close 894. Same type of manipulative price action as yesterday. Seems the worthwhile trade only comes in after 4:30pm nowadays. But if one looks at the 5 min chart we can enter around 884-885 area. The short on usdchf is working out right now...

0 Comments:

Post a Comment

<< Home


"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 Manchester City FCl Crude Palm Oil

fcpo.blogspot.com


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