Week 39: 21 to 25 September 2020 FCPOX 2020 analysis Despite the bullish momentum is very strong, personally we can short FCPOX2020 with a very good Risk Reward Ratio. We only need to risk RM24 to get RM336, that is 14R. Again, this is a risky move as we are trading against the trend, but, this is a worth trying.
Here is my personal trade: Sell at market now RM3,111 Stop Loss at RM3,135 Take Profit 1 at RM3,000 Take Profit 2 at RM2,900 Risk Rewards Ratio = 14R
Disclaimer: The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite. If you are benefiting from my trade opinion, please buy me coffee . As always, move your SL when you are in the profit zone.
Trade active
We are in the profit zone now and profiting RM 100
Comment
Move the SL to RM3,044 and we have a risk free trade.
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