FCPO TRADING : 258) sudden reverse to the downsidethis is haidojo and the number is 258 ...
juz as bull seems like coming back and all things look shiny and glittering, all of sudden today we had a 80-pts gap down and went down...
at last, it closed at -160pts++ frm the previous day...
so now market is going down, unless the resistance 3460 is reverse, then we might have otherwise...
watch closely as the support 3167 which is also the latest low is breached or not...?
if it is breached, then lower-low is going to happen and more downside will come...
*plan your trade and trade your plan... gud luck*
higher resistance : 3309
lower support : 3167-3170
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!
Malaysiafuturesmarket
FKLI TRADING : 257) sideway market-bewarethis is trade 257 frm haidojo trading...
my opinion really is bearish for the market especially fkli and stocks...but what to do? market and its participants have other idea...
basically, this is sideway market...we will have sudden ups and sudden downs in fkli...until significant level of resistance and support is broken...
now, I spot a bullish cypher pattern in hourly chart...entry range frm 1564-1567...SL is below 1555...1st tp 1575, 2nd tp 1588...
personally, I am not so confident on this one...I think it is a false breakout to the upside but continues downtrend...
but what to do? ---trade what u see, not what u believe...
again, pliz dun follow this trade if u nvr test it, either backtesting or forward testing...
if u have never heard of advanced pattern before, then stay away...ok...that's the best to do...
I hate to rant, but err...this is not a signal service channel, all episodes in this channel are juz my personal trading journals,
some of my opinions on the market and based mainly on charts and technical analyst...
if I happen to NOT trading similar to your trading pattern, and you LOSE money after following whatever hints/tips/advices in this channel,
I am not holding accountable for whatever losses you did to your trading account/funds, bcox YOU are the one responsible for your account and your own money...
*plan your trade and trade your plan... gud luck*
resistance : 1596-1605
immediate support : 1575
lower support : 1545-1560
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 : 256) downtrend persiststhis is trade 256 frm haidojo trading...
today is the last day of fkli-jan...it closed lower at 1560-65...again, pop quiz frm previous trade...
option 2 hits the situation and it sounds like this...
2)retest high ranging frm 1593-1604, but reverses lower than 1573, creating lower-low...
quote frm earlier trade...
and as predicted, it really hit higher back to 1604 before hitting 1573 and moves lower today...this prediction was a few days ago...
so as for fkli-feb, my guess is going to continue down...as covid-19 sets on for record new-high, it will probably pull down stocks market alongside with fkli with it...normally, I dun do fundamental analysis but this one is hard to ignore...
*plan your trade and trade your plan... gud luck*
resistance : 1578
immediate support : 1560
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*
FCPO TRADING : 255) bull is backthis is haidojo and the number is 255 ...
today, another day of continuous uptrend...price hits higher than the 3450 resistance and stopped close to 100-pts abv previous close...
so, officially, the bull is back...wait for long/buy on retracement, that's the higher percentage trading now...
those who are looking for counter-trend might wanto hold your horses first...wait for the bull to catch some breath first, or when the uptrend
is running out of steam...
*plan your trade and trade your plan... gud luck*
higher resistance : 3596
resistance-turn-support : 3450
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 : 254) INcoming---more reversal signalsthis is haidojo and the number is 254 ...
after hovering in the tight range for some time(a few days), 3170-3300, we witnessed a breakout on wednesday...
price action did not one, but two things,
1) creates an initial new high 2)before that, creates new higher-low too...
so, now the trend has reversed...
if the trend continues creating more and more higher-highs and higher-lows, then we have a new uptrend coming...
then, we turn into buy/long on dip...or buying on retracement...that's the best offer frm the market now...
now, that is not so much info. in this episode, but...trust me...it is probably worth much more than the paid info out there...
hence, giving u guys free for such valuable info...would probably make me...either crazy...or real...ok best of luck
*plan your trade and trade your plan... gud luck*
higher resistance : 3446-3450 (might reverse bear trend)
resistance-turn-support : 3270- 3350
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 : 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 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*
FCPO TRADING : 251) bullish divergencethis is haidojo and the number is 251 ...
as for what has happened today is...a glimpse of possibility of reversal of the trend...
Why I say that?
I saw the first sign of reversal ----which is bullish divergence in hourly chart/timeframe...
but all counter-trend traders, hold your horses first, it is not that simple...I don't mean that fcpo-apr will reverse tmr and hit all time high again
immediately...what I mean is, price action shows that the bull has rebound a bit today, trying to fight over bear for control...
however, the whole fcpo market is still in downtrend...bear is still in firm control...if we see more and more reversal patterns/signals come in, then only we can say that the bull has come back...
bullish divergence that I try to introduce here is when price hits lower but RSI shows the opposite direction...moving up...
that is the classic bullish divergence but beware bcox daily chart RSI hasn't hit OverSold region yet...not quite yet...
so, the chance of market dropping lower is still higher...short on rebound is still a preferred strategy...
*plan your trade and trade your plan... gud luck*
highest resistance : 3464 (might reverse bear trend)
resistance : 3270- 3350
support : 3145-3200
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 : 250) downtrend persists, bear is in-chargethis is haidojo and the number is 250 ...
as for the new arrival of fcpo-apr, it still doesn't turn over the downtrend, which means, it is for real....not a quick retracement...
As for today, another critical support has been broken...a "higher-low" in daily chart...(needless to argue, if you don't trade this method, stick to your method)...
Significantly, it means, market will continue sliding down...fast or slow? you will know ...
lesson learnt here is...when the market is on some kinda trend, dun go fight against it...unless, of course, if only the price-action shows u some
"clues"... 3320 support is officially broken...
next level of support is ranging frm 3145 -3200 (again, if u dun trade this method, stop wasting ur time arguing with me, stick to whatever plan u are doing)
*plan your trade and trade your plan... gud luck*
highest resistance : 3464 (might reverse bear trend)
resistance : 3320 - 3464
support : 3145-3200
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 : 249) trend has reversed into fast-dropthis is haidojo and the number is 249 ...
As I has mentioned earlier in trade 247(go watch it if you haven't), critical support is at 3670, if it has been broken, then downtrend has arrived.
what I don't expect is a fast-dropping downtrend...I tot the transition will move frm "uptrend - sideway - downtrend"...
instead, what has happened is "fast uptrend --- fast downtrend" a 180 degree upside down turn which happens immediately...
two consecutive days with down more than 100pts...so, no counter-trend trade...
the best offer market is providing now is short on rebound...a friendly reminder : if you are new to the fcpo, and has never traded it before..
pliz, stay away...now is the fast-swing period...it is certainly not a gud news for newbies and the faint-hearted ones...
although I consistently hear the gurus out there urge their students/apprentices to "short it", " don't think, juz do it" ...
it is not recommended to do that...bcox after fast fall, we might have fast rebound...especially those deadly gaps...
Get a trading plan, test it, then stick to it...don't follow blindly what the gurus say, test it...verify it, make sure it is repeatable...
then only apply it...
*plan your trade and trade your plan... gud luck*
highest resistance : 3600
resistance : 3470
support : 3320-3470
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 : 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-
FCPO Q1 Outlook: Sideways-Up to ATH 4.4k-4.8k 📈🐮Technicals
Major S: 3.6-3.7k (nearest support) ; 3.2-3.4k (prev consolidation range)
Major R: 3.8-3.9k ; 4-4.2k ; 4.4k (ATH) ; 4.8k (Weekly breakout projection)
👇🏻 Prev idea on potential CPO New Bull Cycle:
👇🏻 Dec Bullish Call on CPO:
🔔 Q1 Risk Factor to Watch:
Covid, Reinstating/further extension of MCO , Political instability (Malaysia), US President transition, US-China trade war (soybean oil deals), Geopolitical tension in Iran/Taiwan
I'm Long bias for FCPO in 1Q2021, looking to initiate Long positions shall Major S holds.
Happy Hunting! 🥂🚀
-jk-
FCPO TRADING : 247) a possible reversalthis is haidojo and the number is 247 ...
after consolidating for a few days, fcpo-march today evidently has a huge drop...
if you trade using other method, pliz use back ur own methodology but the way I do it is...as long as the support 3670 holds,
it is still uptrend///
however, if this level of support is broken, then a reversal is said to happen...
observe closely 3670 support level and the 3800 resistance level...
if the 3800-resistance is reversed, then uptrend resumes...
*plan your trade and trade your plan... gud luck*
highest resistance : 4334 - 4486 (high in 2008)
higher resistance : 3890 - 3967 (high in 2011)
current resistance : 3775-3800
support : 3670 critical
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 : 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*
FCPO TRADING : 245) party is not over yet! this is haidojo and the number is 245 ...
After playing sideway for 2 days, fcpo-march has formed new support level, lower level at 3660-3680, another one at 3775-3800...
but one more thing, next week is the last week before the exchange date, which happens every month on the 16th,
so the interest for trading fcpo might fall drastically and the inevitable boring and sideway movement will rule for the whole week...
if nothing goes wrong, the real movement would likely be visible after the week of exchange date...the closest is frm 18th - 22nd Jan 2021,
or most likely at the end of the month too...
another possible thing is a huge, violence move either to the upside or the downside (probably testing the max high and low in recent price)
then only followed by the real move after Xchange date/at the end of the month...
*plan your trade and trade your plan... gud luck*
higher resistance : 4334 - 4486 (high in 2008)
current resistance : 3890 - 3967 (high in 2011)
support : 3775-3800
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!
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 : 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*
FCPO TRADING : 232) shxt does happen...this is haidojo and the number is 232 ...
JUz as I am happily anticipating the market to move towards certain direction, price action of fcpo-feb has slapped me
right in the face with its inches-up higher and glide sideway...moreover, fcpo-feb is expiring soon...
so till 16th dec, I guess...sideway....sob sob
*plan your trade and trade your plan... gud luck*
higher resistance : 3620
current resistance : 3414-3450 (bull resumes its momentum abv this level)
support : 3280
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!