Saturday, August 05, 2006

Trading The Kuala Lumpur Future Index

August Forecast using my Feng Shui Relative Strength Index (FSRSI)
By Chow Fong

The FSSI system of prediction is based on my 8 years of research into the movement of the Kuala Lumpur Stock Exchange (KLSE) Composite Index (CI). I have found a strong correlation between the movement of the Composite Index and the interactions of the elements of the day (Heavenly Stem and Earthly Branch) with the Luck Cycles of the year and month. The formula which I derived at is complicated to explain but easy to use. It is not my intention to reveal it to you but I shall periodically give my predictions on the KLSE Composite Index movement so that you may profit from trading on the Composite Index future.

The system works best when you possess other Technical Analysis skills. I can tell you with reasonable accuracy of the high and low of the month. If these points coincide with your buy and sell trigger signers, make you move immediately.

Happy Trading.

P.S. Marty Schwartz’s best advice for the ordinary guy trying to become a better trader is “Learn to take losses. The most important thing in making money is not letting your losses get out of hand.”

Think about that.

Extract from the I Ching:

Those Who Know Makes Fewer Mistakes

August Forecast KLSE Composite Index Movement

Market will move up from the beginning of the month and it will reach its high on 14th August.

Buy now as you can still make some money and think about selling at the middle of the month.

Middle of the month will signify to end of this upward run.

The low will be at the end of the month

By the end of August, I shall again give you my view of the market for September.

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