20111129 FKLI futures 30 min, triangular breakout.... projected target 1468?
Labels: fkli, index futures
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
20111129 FKLI futures 30 min, triangular breakout.... projected target 1468?
Labels: fkli, index futures
2 Comments:
hi.
what software do you use in your projection by the way?
*newbie here!*
thanks man.
The projection is to add the height of the triangle (about 20 points) to the breakout point.(around 1448) Just use a calculator, no software needed..
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