26th Sept 2006

Trding Kuala Lumpur Stock Exchange Future Index for profit using ISI Charting.

There is not a lot to say about this month now as the play is over. If you have bought at the low on the 8th which I suggested and sold on the high on the 18th or 19th , you are now laughing to the bank.

As for the ISI for October for the KLSE composite index, I shall give you my view at the end of this month probably on the 30th Sept. Keep a look out on this page.

Market should be moving sideway from now on with a slight downward bias.

Next month is an interesting month even though it is Ramadan month.

Happy Trading

Chow Fong

P.S Those who know make fewer mistakes.

Fishing by the Tongoriro, Turangi, New Zealand. Isn't life beautiful?

17th Sept 2006 Sunday

Trading of KLSE Index Future
It is interesting to note the if you follow my advice to buy on Friday the 8th’s low which is at around 944, you would have made over 14 points at last Friday’s close.

This week is going to be interesting. Don’t be fool by the surge in the Index Future. I believe the rise is partly due to the fact that many were covering their shorts. It closed at a premium for a change.

Now, for those who have my ISI forecast chart, you will notice that the high is on the 18th and 19th of this month. 19th will be a good day to sell.

Enjoy your profit. Happy Trading.

Those who know make fewer mistakes.

15th Sept 2006

The market remained firm for the last 4 days.

For those who have attended my Technical Trading for Profit course last Sunday, please refer to the ISI (Interactive Strength Index) graph of the KLSE forecast. You will see that the market is forecasted to move up these few days before the slide.

If you are thinking of selling, WAIT.

Patient is a virtue.

Happy Trading.

8th Sept 2006

Market actually came down on Tuesday instead of Wednesday a day ahead as forecasted by the ISI system.

Although all technical indications are showing SELL now, ISI foresees a possible technical re-bounce next week before it finally crashes for the Ramadan month.

If a double-top is formed next week the fall will be more severe.

Keep a vigilant lookout for the market next week.

Happy Trading.

Those who know make few mistakes.