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CPO

FCPO TRADING : 288)sideway market--boring yet dangerousthis is haidojo and the number is 288 ... after hovering for about one week at the strong support 3876, price rebounded frm bottom and reached 4080 new support. However, the price is still in sideway...either it will retest higher resistance ranging frm 4200-4260, break abv it, and retest 4420-4520... OR, the price could move downward to strong support 3876, 3640... why is the sideway market is boring and at the same time, dangerous? well, the explanation is easy. boredom trades. which is the condition when u trade juz for filling ur time, and not bcox u have competitive advantage over the market. which means, u trade bcox u think u are not doing anythg, and that is a waste of time...we could easily develop this mentality when we work for other ppl at first, bcox as an employee, we supposingly trade our time for money...and subconsciously, we bring that mentality into trading... which is a bad thing...as boredom trades will bring devastating consequence... that's all for tdy...if u are frm malaysia, be safe, stay at home... *plan your trade and trade your plan... gud luck* higher resistance : 4486-4525 (new record and the highest point since 2008) resistance : 4200-4260 immediate support : 4070-4080 lower suppor t : 3876 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
MYX:FCPO1!
by HAIDOJO_trading
5
FCPO TRADING : 287)reversal signal is confirmedthis is haidojo and the number is 287 ... welcome fcpo-aug and gudbye fcpo-july! after hitting the historical high last week wednesday at 4525 on 12th may 2021, this is the highest point fcpo ever reached in at least the past 13 yrs...! Ever since 2008, fcpo finally reached back to this level together with the commodities boom which is happening worldwide...(ironbar, soil bean, etc...) before we have the time to celebrate, the price started to drop and this week, fcpo-aug has not only violates one, but 2 critical supports of 4335 and 4180...the next level of support is ranging frm 3880-3920...(this is not an indication of buying at support, dun do counter-trend trade if you have never tested it) the chart actually shows the movement of the price in a line...and then also the price action such as HH_HL_HH for the uptrend, then suddenly the formation of ISL_LH_LL which indicates the change of the trend has happened...(If you dun understd what alien language I am writing, pls look at the chart)... So now short on rebound is the best offer frm market... *plan your trade and trade your plan... gud luck* higher resistance : 4486-4525 (new record and the highest point since 2008) resistance : 4300- 4335 immediate resistance : 4180 immediate support : 4070-4085 lower support : 3880- 3920 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
MYX:FCPO1!Short
by HAIDOJO_trading
May17: FCPO (Daily) - Bulls Likely Take a Breather...🐮📉CPO: Weekly & Daily Up-Channel top reached last week. 🚀✅ Coupled with slight momentum weakness on Hourly, suggesting an overdue retracement might finally take place. In case of continued bullish momentum, mainly driven by macro reasons, look to R1: ~4.6k, R2: ~4.8k Else, price may find support at S1, prev ATH, or UTL1. ❇️April11 Long Call hit R1, next will be R2... ❇️Midterm Bull Cycle: Strong Breakout from R2 marked below from Sept2020... Happy Hunting! Stay Safe! ⭐️ -JK-
MYX:FCPO1!
by jeanne_k
FCPO TRADING : 284) a breakout frm recent sidewaythis is haidojo and the number is 284 ... after going tru sideway for almost two-weeks, finally we have a breakout to the upside for fcpo-july... we have 2-days of holidays ahead next week for Raya festival and then the end of fcpo-july... then comes fcpo-august on 17th May 2021... so, the point is, long on retracement is something probably I will be doing in the market now...the bull is heading towards higher level at 4335... thr is a possibility that price will retest the support level at 4120-4180 since we have a close-to-200pts ups today... *plan your trade and trade your plan... gud luck* resistance : 4335 support : 4120-4180 lower support : 4060-4090 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
MYX:FCPO1!Long
by HAIDOJO_trading
FCPO TRADING : 281) a huge bearish gartley patternthis is haidojo and the number is 281 ... PS : personally, I dun trade advanced patterns in fcpo bcox : 1) thr are too low frequency of the happening...it is a mere of 6-8 trades per year...(hourly timeframe) 2) the risk factors in these kind of trades a too big for my account...and I dun like the risk rewards... so this advanced patterns in fcpo is just for an exhibition...I dun trade this one...beside, this is a late entry...haha... *plan your trade and trade your plan... gud luck* resistance : 4066-4090 support : 3875-3900 lower support : 3650-3700 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
MYX:FCPO1!Short
by HAIDOJO_trading
2
FCPO TRADING : 279) uptrend is facing a possible reversal this is haidojo and the number is 279 ... after almost one month of absent, finally I come back with some discovery...it is possible a reversal signal for fcpo...! after retesting the high of 4060-4100 failed, fcpo-july has been facing some selling pressure today...at closing, it has dropped more than 100pts frm its peak at 4084! and we can see a formation of bearish engulfing candle in daily chart... let's look at what will happen on Monday to decide...if the support 3875-3900 holds, it is possible to rebound...or else it will fall lower to the next level at 3650-3700... *plan your trade and trade your plan... gud luck* resistance : 4066-4090 support : 3875-3900 lower support : 3650-3700 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
MYX:FCPO1!
by HAIDOJO_trading
April11: FCPO (Weekly) - Bullish, R@4.4k, 4.6k, 4.8-5k 📈🐮🚀 🔅Fed continue with USD printing, US 10yr bond yield consistently rising touching 1.7-1.8%, US Stocks pumped by stimulus money... 🔅Across-the-board commodity spike especially food & grains... 🔅USD Index continue rising despite excessive printing, suppressing EM markets currencies (including our MYR)... 🌐These are all MACRO reasons why CPO will see higher prices going forward. ⚠️ Risk: CPO entering high-production cycle; fluctuating global export demands due to restricted economic activities; COVID recovery progress. Maintain mid-term bullish view as per last posted ideas below. ❇️ Follow my TG channel for latest market updates. :) Mar10 ATH call: Q1 Bullish Call: CPO Monthly Bullish Cycle:
MYX:FCPO1!Long
by jeanne_k
FCPO TRADING : 278) uptrend is confirmedthis is haidojo and the number is 278 ... so after some waiting, no advanced patterns, and sideway has retreated...now uptrend is back... bull has gained its strength and long on retracement is the best offer frm market now...careful with full-force dropping! enter only when the market starts to slow down...don't catch "a falling knife" ! that's all... *plan your trade and trade your plan... gud luck* resistance : 3875 support : 3500-3600 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
MYX:FCPO1!Long
by HAIDOJO_trading
7
FCPO TRADING : 273) at the crossroadthis is haidojo and the number is 273 ... gudbye fcpo-may and welcome fcpo-june...as the new fcpo has arrived, it is still unaware which direction it is going... for the past 2 days, fcpo has been trading lower...but as long as the previous higher-low is not violated, then we still regard this is as a continuation uptrend...previous higher-low to observe is ranging frm 3820-3870...if this level is violated, then trend has reversed... till then, long on dip/retracement... *plan your trade and trade your plan... gud luck* higher resistance : 4334 - 4486 (high in 2008) current resistance : 3890 - 3967 (high in 2011) support : 3830-3880 (resistant-turn-support) WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
MYX:FCPO1!
by HAIDOJO_trading
FCPO TRADING : 272) uptrend persists this is haidojo and the number is 272 ... after hanging in tight range for a few days, fcpo-may has stricken again! the market has gripped the uptrend flight again and now we can see the bull is dancing towards an uptrend staircase... what is interesting though is now we have past the previous high which was formed in early Jan this year, ranging frm 3830-3880... again, we have entered into the territory which was only appeared some 10 years ago...! Yes, the price which only showed up in 2011... now, this time it is unsure whether fcpo will shoot all the way up to challenge those level again...or subdue to the selling pressure... we anticipate the price to retest the level of 3890 - 3967...(You can look back in Jan 7th 2021 episode in the link below) however, something to take note is...fcpo-may is going to end soon...it will expire in a few more days...until next Tuesday, on 16th March 2021, then the new fcpo-June will emerge...whether fcpo-june will continue this bullish sentiment or sudden reverse to the bearish call is still too early to say...let's see what is expecting us next week... *plan your trade and trade your plan... gud luck* higher resistance : 4334 - 4486 (high in 2008) current resistance : 3890 - 3967 (high in 2011) support : 3830-3880 (resistant-turn-support) WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
MYX:FCPO1!Long
by HAIDOJO_trading
2