FKLI TRADING : 253) downtrend this is trade 253 frm haidojo trading...
today fkli-jan has come to 1573-low again...so, it seems like option 1 hits the right track...
1) price moves lower and hits lower than 1573, then downtrend... ...quote frm earlier trade 252)...
if you haven't watched it, you could look at it at the link at the bottom...
a few scenarios to think about, in the next episode:
1) nose-dive drop frm current price to 1550-1545, next level of support
2)retest high ranging frm 1593-1604, but reverses lower than 1573, creating lower-low...
3) retest high ranging frm 1593-1604, but go sideway...
4) retest high ranging frm 1593-1604 and moves higher to 1615, going higher and higher...
Personally, I am in favor of option 1) and option 2), since the market has turned back into downtrend...so now short on rebound is the best offer frm the market ...
technical analyst basically is for predicting the future movement of the price so as we are able to trade them in our favor...hence, putting a few
options allow us to prepare for the range of possibilities that might come out and preventing us frm being caught at surprise by market...
*plan your trade and trade your plan... gud luck*
resistance : 1615
immediate resistance : 1593-1604
immediate support : 1572-1580
lower support : 1545-1550
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
FKLI TRADING : 252) option 4 hits jackpot!this is trade 252 frm haidojo trading...
this time I got option which hits the bull-eyes...option 4
4) slipped back to 1615 and goes lower to 1595-1580...(if the price breaks below 1580 then trend has reversed) ...previous quote...
for a few days, fkli-jan has dropped back to 1596...if it hits lower than 1573, than a lower-low has formed...then fkli has turned downtrend...
a few options to consider :
1) price moves lower and hits lower than 1573, then downtrend...
2) price of fkli hits higher at 1615 but drops back to 1596 and lower...
3) price of fkli hits higher at 1615 but goes sideway...
4) fkli moves to 1615 and reverses recent low and continues uptrend...
the analyst is not for impressing anyone, juz for fun...if it doesn't match anything on Monday, it only proves that I don't have any magical crystal ball...however, if thing turns out to match some of the analyst, pliz like, share or comment...
*plan your trade and trade your plan... gud luck
resistance : 1650
immediate resistance : 1615
immediate support : 1593-1596
support : 1572-1580
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 : 248) option 3 + option1 this is trade 248 frm haidojo trading...
none of the situation stated in the previous trade 246) has really 100% occurred. More obviously, it is a combination of option 1 + option 3 ...
1) fkli-jan shoots up to test 1650 resistance; I dunno what is the reason, perhaps with mco announcement, the worst has gone?
3) after hovering at 1615 support level , price shoots a bit higher at 1632-1634 and forms a "V-shaped" Double-Top...THEN? more sideway...
-----quotation frm previous episode, if you haven't watched it, you could go tru it in the link below.
SO, what really has happened in the past few days? First, fkli-jan inches up higher to 1632-34, then sideway for a while before hitting higher at 1650...now, it is hovering at 1625-1635...what's next?
1) continuation of uptrend back to 1650. Then? sideway
2) continuation of uptrend back to 1650. Then? test higher at 1685-1700 the Dec 2020 high
3) slipped back to 1615 support but rebound immediately to 1650
4) slipped back to 1615 and goes lower to 1595-1580...(if the price breaks below 1580 then trend has reversed)
the analyst is not for impressing anyone, juz for fun...if it doesn't match anything on Monday, it only proves that I don't have any magical crystal ball...however, if thing turns out to match some of the analyst, pliz like, share or comment...
* plan your trade and trade your plan... gud luck
resistance : 1685-1700
immediate resistance : 1650
immediate support : 1625-1635
support : 1615
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 Q1 Outlook: Sideways Down to Major S-zone 144x-8x 🐻📉Technicals
Jan: Test major R @ 162x-4x 📈📉
Feb: Test major S1 or S2 🐻🐻
March: Test major S2 or S3 📈🐻
👇🏻 Prev idea on potential Dec2020 Top Formation
🔔 Q1 Risk Factor to Watch:
Covid, Reinstating/further extension of MCO, Political instability (Malaysia), US President transition, Geopolitical tension in Iran/Taiwan
I'm short bias for FKLI for Q1, looking to add to current position shorts shall Major R fails.
Happy Hunting! 🥂🚀
-jk-
FKLI TRADING : 246) option 3. fallback to previous support
this is trade 246 frm haidojo trading...
none of the situation stated in the previous trade 245) has really 100% occurred. Rather, something very close is option 3)...
3) lower a bit to 1625-1620, then sideway for a while but falls back to 1615......
-----quotation frm previous episode, if you haven't watched it, you could go tru it in the link below.
the analyst is not for impressing anyone, juz for fun...if it doesn't match anything tmr or wed, it only proves that I don't have any magical crystal ball...however, if thing turns out to match some of the analyst, pliz like, share or comment...haha...
these are a few scenarios to ponder about:
1) fkli-jan shoots up to test 1650 resistance; I dunno what is the reason, perhaps with mco announcement, the worst has gone?
2) after hovering at 1615 support level, price shoots a bit higher at 1632-1634 and forms a "V-shaped" Double-Top...THEN? rollover and falls...
3) after hovering at 1615 support level, price shoots a bit higher at 1632-1634 and forms a "V-shaped" Double-Top...THEN? more sideway...
4) gap down go down scenario or slowly slides below the 1615 support and rollover frm thr to test lower and lower price...
*plan your trade and trade your plan... gud luck
resistance : 1650- 1660
resistance-turn-support : 1615
lower support : 1578
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 : 244)option 3. reversal has happenedthis is trade 244 frm haidojo trading...
Frm trade 243 previously, option (3) has happened,
3) market retests 1615 and reverses upward...possible reversal has happened...trend changes to uptrend... ...quotation frm previous episode, if you haven't watched it, you could go tru it in the link below.
Friday's analyst is important as it helps us to prepare for what might happen on Monday... so it is possible a reversal has taken place...
long on retracement is the winning edge...
What is expected on Monday?
---1) straight shoot-up to test 1650 resistance
2) lower a bit to 1625-1620, then sideway for a while and rebound to resistance 1650...OR
3) lower a bit to 1625-1620, then sideway for a while but falls back to 1615...
4) sideway, sideway, and...sideway...the way fkli likes to fool on us...haha... :)
*plan your trade and trade your plan... gud luck*
resistance : 1650- 1660
resistance-turn-support : 1615
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 : 243) in the middle of nowherethis is trade 243 frm haidojo trading...
finally the tp 1582 is filled...so a possible reversal frm 1573 low that reach somewhere in the middle of nowhere...so, what's next?
1) possible downtrend continues, 1600-resistance blocks it, then fkli-jan nosedives frm its price now to make new-structure low,
and downtrend persists...
2) market advances a bit higher to retest the 1615 but fails, rollover and falls...
3) market retests 1615 and reverses upward...possible reversal has happened...trend changes to uptrend...
4) none of the abv, market juz...goes sideway...gotcha! \
"market always does whatever it wants whenever it wants... "
the only thing we can do is...participate when market give us some edge...so make your stand and roll your dice!
*plan your trade and trade your plan... gud luck*
resistance : 1650- 1660
immediate resistance : 1615
support : 1574-1582
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 : 242) retest 9yrs high at 3890-3967this is haidojo and the number is 242 ...
as predicted earlier on 4th Jan 2021, fcpo-march persists in uptrend...
now, the next level is challenging the Feb 2011 high-3890-3967, the price which has not appeared at least in the past 8yrs++,close to 9yrs.
If this level of resistance is breached, then fcpo is looking at the 12-yrs historical high ranging frm 4334 - 4486, the peak which
has never been reached ever since March 2008...
Ok, after some brief history of price, let's talk about what has happened today(6th Jan 2021).
after a brief retracement yesterday, fcpo-march continues its marching to climb higher at gap up 3775 (20pts gap frm closing yesterday 3755)
and closed at high of 3877...up 122pts today...
needless to say, best offer frm the market : long on retracement, DON'T go for counter-trend, unless u hate your money bcox market could still gap up and go up the next day...
*plan your trade and trade your plan... gud luck*
higher resistance : 4334 - 4486 (high in 2008)
current resistance : 3890 - 3967 (high in 2011)
support : 3800
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!
FCPO TRADING : 241) uptrend still persiststhis is haidojo and the number is 241 ...
after hovering in sideway for around a week, fcpo-march resumes its momentum in moving uptrend in this new year 2021!
today fcpo-march has gained a strong momentum of gap-up go-up scenario and definitely releases a "green light" for both breakout trade and also a long position...so, it is a good start for new year and new resolution...
the gap up is close to 80pts and fast-forward to 3700 pts, ending in 3724, up 124pts...
this price has never appeared in fcpo ever since 2011, a record new high which has never been breached in the past 9yrs...!
so, the upcoming resistance level we can expect at 3800-3920 top which was set somewhere in Jan 2011...
well, let's not forget the historical-high 4300 in early 2008 which was set some 12-years ago...
Dun go for any counter-trend trade as now it might gap up and even go higher...
simply put, long-on-retracement is the best offer now...
PS : do you ever noticed that fkli and fcpo almost frequently run in separate direction? If you have any comment feel free to leave it below...
*plan your trade and trade your plan... gud luck*
higher resistance : 3800-3920
temporary resistance : 3720-3720
support : 3660-3680
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!
FKLI TRADING : 240) downtrend startsthis is trade 240 frm haidojo trading...
After 2-weeks of absence, this is the first episode in this new year 2021...so happi new year...
fkli-jan has been stopped at 1615 and the next level of support is at 1582...
however, if the price moves higher than 1650, then we might face another round of reversal...
so, to make long story short go for "short-on-rebound" while the trend is still in downward spiral...
*plan your trade and trade your plan... gud luck*
resistance : 1650- 1660
immediate resistance : 1615
support : 1574-1582
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 : 239) possible reversalthis is trade 239 frm haidojo trading...
a sudden drop on friday abut still support level of 1640 is not broken yet...so practically, we are still in uptrend...
but fkli-dec is going to end soon...and decreasing vol is not helping...so, trade with caution...or stay away...
go holiday...
this is the last episode frm me, Merry Christmas and Hapi New Year!
*plan your trade and trade your plan... gud luck*
resistance : 1685- 1704 red rectangular region
support : 1640-1656
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 SELLIN G. 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 : 237) possible reversal this is trade 237 frm haidojo trading...
formation of lower-low rather than a Double-Top, so need to watch closely for a reversal signal...
but as long as the "window-dressing" activities are on, we still have chance of going up...market sentiment has moved frm "excited"
to "mildly optimistic"...the red rectangular region is selling region while
*plan your trade and trade your plan... gud luck*
resistance : 1685- 1704 red rectangular region
support : 1640-1656
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 : 235) uptrend persiststhis is trade 235 frm haidojo trading...
"window dressing" activities are still ongoing...if you have invested some time in Malaysia stock market, probably you have heard about it...
in Malaysia stock market, "window-dressing" activities are obvious at the end of every month but are more apparent during the end of June and
end of year...so the prediction is simple, fkli-dec is on uptrend till the end of window-dressing activities...long on pullback
*plan your trade and trade your plan... gud luck*
resistance : 1685- 1704
temporary support : 1667
lower support : 1640
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 : 233) uptrend persiststhis is trade 233 frm haidojo trading...
still on celebration mood...no sign of fatigue yet...still long on retracement/pullback...
maybe got new movement after NY...
*plan your trade and trade your plan... gud luck*
resistance : 1667- 1670
temporary support : 1640
lower support : 1617-1620
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 : 230) uptrend persiststhis is trade 230 frm haidojo trading...
so, here comes the retracement, then wait for reversal sign and embarks on it...
*plan your trade and trade your plan... gud luck*
resistance : 1640
temporary support : 1616-1620
lower support : 1582
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 : 229)resistance is broken, NY celebrationthis is trade 229 frm haidojo trading...
juz the first week of Dec, market has proven me wrong...Nvr mind, I am not a guy with magical crystal ball,
nor do I need to "pretend" as a master as most marketers do, I am just a chart analyst...and I luv trading
the trick here is making money even if you are wrong, and not stubbornly arguing why I am wrong and finding excuses to cover it...
Now, the market has spoken...so I just follow the trend...which is now the uptrend...
wait for long on retracement or pullback and that is the best strategy now...
market has been anticipating the market to recover frm the covid-19...some stocks ald moving...so hurry up...
*plan your trade and trade your plan... gud luck*
resistance : 1640
temporary support : 1616-1620
lower support : 1582
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*
Dec02 - FKLI (1D): Sideways-Up 157x-161x, Dec Top Formation 📈📉Technicals
Longterm: Bear 🐻📉
Midterm: Neutral (Sideways-Up) 🐻🐮 📈📉
This Month: Seasonally bullish in Dec 🐮📈
👇🏻Prev idea still largely intact, albeit with an added hint of Dec bullishness / year-end rally
🔔Watch: Budget2021 debate & its subsequent approval/rejection
flat on FKLI; might take a seasonal Dec long near current sideways range low, ~156x-7x area.
other than that, I'm sidelined + holiday-ing~~ 😁
Happy Hunting! 🥂🚀
-jk-
FKLI TRADING : 228)Look left, structures leave clues (2)this is trade 228 frm haidojo trading...
things have been moving faster than expected, I thought that the sideway market is going to extend into Dec 2020...
look like the reversal has come a lot faster...resistance has been formed at 1615 and exactly that spot was the previous selling region...
reversal is confirmed if the level 1574 is broken...let's look at fkli-dec
*plan your trade and trade your plan... gud luck*
resistance : 1580-1615
temporary support : 1574 - 1585
lower support : 1544
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*