True, Trend is you friend but it can be your enemy too.
Do not follow blindly.
Thursday, November 19, 2009
Wednesday, November 18, 2009
FBMKLCI - TRADING POSITION - NOVEMBER
Indicator 1
- Long at 1243, liquidate at 1273 - 30 points
- Short at 1273, liquidate at 1282 - minus 9 points
Total points - 21
- Long at 1282, still holding on 19th
Indicator 2
- Long at 1243, still holding on 19th
- Long at 1243, liquidate at 1273 - 30 points
- Short at 1273, liquidate at 1282 - minus 9 points
Total points - 21
- Long at 1282, still holding on 19th
Indicator 2
- Long at 1243, still holding on 19th
FBMKLCI - PERFORMANCE - OCTOBER 2009
Performance of FBMKLCI - Month of October
Indicator 1 and 2
- Long at 1206, liquidate at 1260 - 54 points
- Short at 1260, liquidate at 1243 - 17 points
Total points - 71
Indicator 1 and 2
- Long at 1206, liquidate at 1260 - 54 points
- Short at 1260, liquidate at 1243 - 17 points
Total points - 71
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