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.

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