Event - Introduction to Technical Analysis&Trading-4Apr09

CIMB are pleased to announce that there will be a FREE talk by an investment book author, Jacinta Chan entitled “How to Trade Like a Professional in the Current Market Scenario”.

This talk will cover the tools and techniques that the professional traders use. You will also gain some insights on how the professional traders play the game and understand how the foreign professionals usually beat local retailers in their own markets.

Details as follows:

Date	Time	Venue
4th April 2009 (Saturday)	11.00am - 12:30pm	Booker Room MPH, One Utama Shopping Centre

 

Workshop Outline:

• Understand the Fundamentals of Technical Analysis for Professional Model Trading
• Understand the Technical Tools to Use to Analyse and Trade the Current Market
• Understand the Techniques on How to Develop a Simple Mechanical Trading System

 

Speaker’s Profile:

Ms Jacinta Chan holds licenses to deal in KLSE CI Futures contracts and KLSE stocks. She had been involved in the futures for as long as FKLI had been in existence beginning as the product development officer at the exchange who designed the contract specifications. Her book, Everything Technical Analysis: How to Trade Like a Professional, has record sales volume as high as any national bestseller can hope to achieve, due to popular and necessary demand for knowledge on technical analysis and trading.

 

As seats are limited, please email to jacinta.chan@cimb.com or call 03-2710 0195 to register for this talk by Friday, 3^rd April 2009.

FKLI Technical Analysis - 01 Apr 2009

FKLI traded higher closed 9 points @ 880 with total volume of 7694 lot transacted. 

Bollnger Band width begin to expand with candle above middle BB band indicating further uptrend for FKLI. Uptrend can sustain with continous volume supporting it.

Support @ middle BB 863 while resistance @ upper BB band 896.

Intraday support @ 875, 871, 867 and resistance @ 896, 900, 904

HAPPY TRADING!!

FKLI Technical Analysis - 31 Mar 2009

After huge drop on Monday FKLI closed higher 4 points @ 871.

Bollinger band width begin to expand with candle above middle BB band. MACD stays @ positive zone with RSI stay in neutral area.

Support @ 867, 863, 859 while resistance 886, 890, 894

FKLI Technical Analysis - 27 Mar 2009

FKLI-Mar09

Profit taking on last Friday mades FKLI traded lower but by end of the day unchanged closing @ 887. 

Bollinger Band width contracting indicates some technical adjustment happened to FKLI-SPOT

Immediate support @ middle BB band 863 while resistance @ upper BB band 897.

FKLI-Apr09

Some active trading begin to be seen for FKLI-Apr09 2 more trading days prior to FKLI-Mar09 maturity. FKLI-Apr09 closed 3 points lower @ 884 with total volume of 7325 lots transacted.

Bollinger Band width also begin to contract indicating same technical adjustment to the market. Immediate support @ middle BB 860 while resistance @ upport BB band 894.

FKLI-APR09: Intraday support @ 874, 870, 866 & resistance @ 894, 898, 902 

HAPPY TRADING!! 

FKLI Technical Analysis - 26 Mar 2009

FKLI traded higher closing 2.5points higher @ 887 with higher trading volume of 11869 lots transacted. 

Bollinger Band width slightly contracted but candle ramain above middle BB band. MACD performing a golden cross indicating bullish signal ahead. With further push up from participation/volume, further upside can be seen.

Support @ middle BB band 864 with resistance @ upper BB band 899.

Intraday support @ 876, 872, 868 while resistance @ 899, 903, 907

HAPPY TRADING!!