Thursday, 12 May 2011

FTSE Bursa Malaysia KLCI Futures Or FKLI

FTSE Bursa Malaysia Kuala Lumpur Composite Index Futures or FBM KLCI Futures or FKLI in short will be another interesting index futures to monitor and trade even though FKLI is not as active as CPO Futures.
Beginning from this month of May, cpofutures blog will do its best the similar update for FKLI trading tips and wish that traders will have another opportunity to gauge some fortunes from FKLI futures trading.
We will look on the specific time frames with 90 minutes as the base for the key indicator of FKLI futures trading. There are 1015am, 1145am and 1245pm for the morning session, and 4pm and 515pm for the afternoon session.
Since key indicator for FKLI had turned buying 1514.5 at 1015am on 9th of May, it has maintained its buying until today. Key indicator will only turn sell if 4pm or 515pm is traded below 1518.5 or 1522.0 respectively.