FCPO TRADING : 127) a counter-trend bearish gartleythis is 127 frm haidojo trading...FCPO-OCT is showing a sign of sideway market...with the latest consolidation, it normally breeds advanced patterns...now, it is possible to form a bearish gartley pattern...short position ranging frm 2787-2810...SL a few points abv that...1st TP 2720,
2nd tp 2670...
resistance : 2790-2810
current support : 2720-2725
support : 2670 -2630
lower support : 2560 (now the critical indicator for bull/bear)
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
Fcpo!
FCPO TRADING : 123) sideway market persists this is 123 frm haidojo trading...FCPO-OCT is showing a sign of sideway market...with new support level formed at 2720...
we need to wait for breakout abv 2810 or the immediate support at 2720 to have a confirmation...
resistance : 2790-2806
current support : 2720
support : 2670 -2630
lower support : 2560 (now the critical indicator for bull/bear)
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 122) possible halt to the bullthis is 122 frm haidojo trading...fcpo-oct has a double top formation in daily chart...trend is not able to identify yet...bull stops when the critical support at 2560 is broken...now possible sideway or slowly sliding upside...
resistance : 2790-2806
current support : 2670 - 2630
lower support : 2560 (now the critical indicator for bull/bear)
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING : 121) bracketing the market with advanced patternthis is trade 121 frm haidojo trading...2 messages here tdy...
1) a possible bearish bat pattern formation in hourly chart...with range to short frm 1597-1605...SL a few points abv 1605...1st tp 1587,
2nd tp 1560
2) lower level we have long-awaited bullish cypher pattern ranging frm 1512-1520...SL a few points below the 1500...1st tp 1560,
2nd tp 1587...
with these 2 possible advanced patterns, we successfully bracketing the market within the range of 1605 - 1500...and make a simple
call-to-action plan...
resistance : 1585- 1605 (the red colored rectangle )
support : 1547-1560
lower support : 1512-1520
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!
**your "LIKE" and "FOLLOW " are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING : 120) still short on rebound120 is the number and this is haidojo trading. downtrend is confirmed...short on rebound...fkli-aug hit the support 1560, slided a bit lower to 1547, then a rebound...the market is still bias to the downside...so short on rebound is a higher probability trade...
resistance : 1585- 1605 (the red colored rectangle)
support : 1547-1560
lower support : 1512-1520
advanced pattern bullish cypher pattern with D leg completion in the range of 1512-1520...SL could be set below 1500...
this is a counter-trend trade...so if you never tested this, stay away...
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 119) need further confirmation trend-reversalthis is 119 frm haidojo trading...fcpo price has broken the previous high of 2790 and created a new structure high tdy...
BUT...doesn't look right in daily chart...so need further confirmation...now it is either sideway or sliding to the upside slowly...
higher resistance : 2860-2900
resistance : 2760-2790
current support : 2670 - 2630
lower support : 2560
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 116) retest 2760 and failed...SHORT WHEN REBOUND UNTIL 2790 HIGH IS BROKEN...
higher resistance : 2860-2900
resistance : 2760-2790
current support : 2670 - 2630
lower support : 2560
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING : 115) new structure low is formed, SHORT115 is the number and this is haidojo trading. downtrend is confirmed...short on rebound...1587 is broken, now it has become resistance level...
resistance : 1587- 1592
support : 1560
lower support : 1520 - 1512
advanced pattern bullish cypher pattern with D leg completion in the range of 1520-1512...SL could be set below 1500...
this is a counter-trend trade...so if you never tested this, stay away...
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
Aug03 - CPO (Monthly) - Long-term Wave Count, Elliott WXYDecided to check on the long-term big picture, following CPO recent strong up-move towards 2800 area (again!).
---- marked: grey zone
2600-2800 zone is kinda midpoint to the decade-long correctional pattern following '08'09 subprime crash.
A fib plot of the sharp plunge, shows each levels coincides well with CPO major support & resistance zone.
As of now, its clearly a horizontal correction on monthly/weekly charts,
potential Elliott Double-Three, WXY wave pattern.
I've produced 2 possible counts, as we are nearing completion/already complete WXY.
Main Count (orange): currently "Y" wave within WXY Correction, wave 'd' within Elliott Triangle -abcde-
Alternate Count (blue): completion of Elliott Triangle -abcde- & WXY Correction in May2020; current bounce = potential Impulse Wave (1)
Leaning towards main count, which suggest yet another test on the infamous 19xx-2000 MAJOR support area,
before we finally bounce into a new CPO Bull Cycle, by late'2020 or early'2021. 📈📈
Fundamentally, we can relate this long-term bullishness to the dwindling global food supply as agricultural lands rapidly disappear,
-- either gave way to housing/infrastructure, due to pollution, or desertation due to climate change. 🙈🙉🙊
I shall update this count by end-Q3, 2020 -- we shall then see whether we are indeed in a new CPO bull cycle. 🐮🐮
Meanwhile, I'll keep to sideways operation mode :p
Happy Hunting! 🚀🚀
-JK- MyTradingSpace
FKLI TRADING : 112) 1616-1620 STRUCTURE STILL HOLDWAITING FOR overhead resistance : 1616 1-620 TO BE BROKEN....
higher resistance : 1640
critical and strong support : 1587
lower support : 1560 -1564
PS : if a breakout abv the 1620 happens, then the advanced pattern becomes invalid...
WARNING : this is juz a trading idea... thr is no indication of buying nor selling...this is juz my personal trading journal, trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 111) WAITING FOR REBOUND TO SHORT SHORT WHEN REBOUND UNTIL 2770 HIGH IS BROKEN...
resistance : 2670
higher resistance : 2700
previous high ; 2770
lower support : 2560
current support : 2625 - 2630
Comment: WARNING : this is juz a trading idea... thr is no indication of buying nor selling...this is juz my personal trading journal, trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 109) REVERSAL IS CONFIRMED...?this is the 109 trade frm haidojo trading...another important support - 2625 is broken! according to my thumb-of-rules, this is a confirmation shift of trend...it has as high as 70% accuracy...so wat say u...? uptrend persists? confirmation shift-of-trend...? welcome to leave ur message in the comment column below...
My strategy has changed frm long when retrace to short when rebound...the resistance level shall be watched...
overhead resistance : 2625-2630
higher resistance : 2670-2700
current support : 2574-2560
lower support : 2474
FKLI TRADING : 108) Sliding slowly to 1560 to 1512this is trade 108) frm haidojo trading...fkli-july will end in few more days...so trade with caution and don't hold too long for swing trade...
we anticipate the price to slide down to 1560 and 1512...now the support level at 1587 is going to break anytime soon...if it happens to break down lower to 1512, then we shall see if the counter-trend trade, bullish cypher pattern is making its way back or not...? finger cross...
support : 1560
lower support : 1512
awaiting bullish cypher pattern and also breakout pattern on the way...
WARNING : this is juz a trading idea... thr is no indication of buying nor selling...this is juz my personal trading journal, trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 107) BEARISH ENGULFING IN DAILY CHARThi, this is haidojo trading and trade 107)...as bearish engulfing candle has been formed in daily chart and 2 support levels have been broken down, we need to be cautious and consider a possible reversal has happened...Although according to my rules, we are still in uptrend, but thing has gone a bit ugly now...supports such as 2760 and 2700 have been broken...if u still persist on long, wait for the 2625-2630 level...
strong resistance : 2760 -2773 avg MEAN in past 10yrs
overhead resistance : 2700
support level : 2625-2630
lower support level : 2574-2560
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING :106) sideway market for the past 9-10 dayshi, this is trade 106 frm haidojo trading...fkli has presented a pretty boring sideway market for +- 10days...if you trade a "box" tunnel, so this is the time when your winners are going to flourish...but if you trade a breakout pattern like I do...haiz, B...O...R...I...N...G...
so awaiting either of the support level side 1587 or the resistance level 1616-1620 to be broken...according to what has happened recently, it is likely that klci will slip down slowly...but...who knows...???
WARNING : this is juz a trading idea... thr is no indication of buying nor selling...this is juz my personal trading journal, trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING :105) BULL is in chargethis is 105) trade frm haidojo trading...bear has loosened its grip and bull is celebrating its triumph this time...2760 resistance level has been broken and now turn into new support level...as you can see frm daily chart, new resistance level has been inched up higher to challenge 2830 and 2900...according to the past experience, once the price has past the average mean price for the past 10yrs, WHICH IS AT 2773 ...things are going to speed up...
higher resistance : 2830...till 2900 (psychological number)
current support : 2773 the AVG MEAN for the past 10yrs, or so...
lower support : 2760...
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**