Thursday, December 17, 2009

Reverse My Position To Short FKLI

Date of entry: 17 Dec 2009
I reversed my position to short FKLI future contract at 1260 right before the market closed. The price broke two lows in one price action (the last bar of 2 hour chart), this could mean weakness ahead. Honestly, I do not know the direction and I do not guess. I just follow what the chart showed me and it showed me that price broke the low.

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