Monday, July 21, 2014

Trading Tips for the Day - 21 July 2014

FKLI will likely open a few points higher, for the first trade today, one can attempt to Long 1-3 points below the opening price.  Try get 5-7 points profit and put a stop 5 points away from your entry point.  Close your position by the end of the trading day.

For FCPO, prices corrected a little last week from an oversold position.  Price is  now consolidated between 2280 - 2330.  Any breakout from these level with volume could see the next major move.

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