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Sunday, August 14, 2011

BURSA MALASIA FKLI FUTURES TRADING BASED ON 60 MINUTE CHART ON ANDREW PITCHFORK REVIEW FOR 15 AUG 2011

Malaysia Futures Trading FKLI 60 minute Chart By Tokan Corner : As  the chart based on FIBO show. The FKLI has stopped above it mid line on it Major Andrew Pitchfork Line.   As on Mini Andrew it still at lower line on this baby Andrew and any rally will go up to 1511 – 1513 on major resistance based on Major Andrew.

Can enter long near the green line (lower line) and put stop loss at black line (around 3 or 4 point). And can enter short at black line and put stop loss on lower line of mini Andrew .

Even thought the market has rebounded the major trend is still on a side way. I can only say 3 word that is ………………….  

Sell at resistance

Malaysia_fkli_futures_trading_andrew_review_on_60_minute_chart_for_15_aug_2011
 

 

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