Tuesday, October 31, 2006

1st November 2006

Trading The KLSE Index Future

I hope you enjoy your winning last month. You would have made a minimum of 10 points per contract if you had follow my advice of buying on the 2nd. Anyway that was history.

This month my ISI chart is showing a down month.

For those who have my ISI chart you will see from the chart that market starts to move down from day 1.

So, this is the trading strategy for this month:

Sell on the 1st November and cover your positions on the 7th.

Wait for the technical rebounce if any. It is a higher to sell market.

Sell on the 21st and buy back on 24th.

Happy Trading.

Those who know make fewer mistakes.

Sunday, October 15, 2006

16th Oct 2006

Well as I have predicted in my ISI chart the market finally picked up steam while I was away in some remote Indonesian islands away from civilization last Thursday and Friday.

A 10 points up in 2 days in the physical KLSE index wasn’t that bad!

My advice remains the same. Stick to your ISI chart, hold on to your long and get out on the 18th Oct.

Happy Trading.

P.S For anyone interested in purchasing my ISI chart for November, please contact me at chowfong@ichingmylife.com

Tuesday, October 10, 2006

11th October 2006

Just when the market is going to break out through 970, our Korean friends let off a bomb!
What can I say?

OK.
My ISI chart is still calling for a low to buy strategy. Try to get out on the 18th Octthough. For those who have my ISI chart for this Oct, you will see that the play ends on that date.

After the Hari Raya holidays, the chart shows a dip and then a rising trend again towards the end of the month. The play is short and you are better off waiting for my November ISI chart and play the November future instead.

For anyone interested in purchasing my ISI Charts please contact me. The cost for the monthly chart is RM 50 per chart plus my forecast for the month. You may also purchase my forecast for the next 6 month at a cost of RM 250.

Please email me at chowfong@ichingmylife.com

Happy Trading

Sunday, October 01, 2006

2nd Oct 2006

Today is Jia Zi day, the start of the 60 days cycle.

My ISI Chart for KLSE CI shows an upward trending month for this October.

For Future Index players, ISI shows a buy at the beginning of the month and get out on the 18th Oct, a few trading days before Raya.

There you have it, the forecast for the month of Oct.

Happy Trading.

Those who know make fewer mistakes.