Malaysiastockmarket
FKLI TRADING : 167) reversal-to-uptrendthis is trade 167 frm haidojo trading...
the trade is busted...bcox the trend has juz changed to uptrend...
if u trade on trend-continuation trade, then this is something you have to face...a natural drawdowns...
now, all you have to do is continue trading on trend-continuation trade...wait for retracement back to 1512-1520...
or price shoot all the way up to 1540...then wait for higher-high, higher-close...long on retracement...
avoid being a system-hopper, whr u continuously jump frm one system to another...especially when u face with streaks of losers...
stick to one successful system and hang on to it...that's the onli way u can survive the losers...when the winners come and buy them out...
moving your trading account to higher level...
if u are frm malaysia, hapi malaysia day, if you are not, then juz a hapi day...
higher-resistance : 1557
resistance : 1540
support : 1512-1520
lower support : 1475 -1486
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 : 165) short on reboundthis is trade 165 frm haidojo trading...
so short on rebound is still the best option...until the formation of higher-high and higher-low...till then, short...
we are at the brink of final support wall right now...ranging frm 1475-1486...the next level is at 1450...
take a short position and see what happens next...
higher resistance : 1540
current resistance : 1512-1520
support : 1475 -1486
lower support : 1450
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 : 164) gartley pattern is invalidthis is haidojo and the number is 164...
deep bullish gartley pattern...formation of D leg completion at 2774...SL could be below 2763, 1st tp 2805...
A leg is violated...so the gartley pattern is no longer valid...
higher-high is formed in hourly chart...again, no confirmation in daily chart yet...wait for daily chart...
IF price stands abv 2900 then go for LONG...
higher resistance : 3030-3100
immediate resistance : 2900
support : 2764- 2805
lower support : 2605
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 : 161) wait and seethis is trade 161 frm haidojo trading...
we actually got the signal of the price being rejected...entered the market and short...but shxt happened...
an unexpected "kostan" or the price reversed...then a formation of higher-low after that...making me to take profit early at 1500...
better cut it short than sorry...so,now waiting for further confirmation...
higher resistance : 1540
current resistance : 1512-1520
support : 1475 -1486
lower support : 1450
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 : 160) a possible formation of "HEAD"this is haidojo and the number is 160...
fcpo-nov still in sideway position...it is still a puzzle whether the price is going to form a higher-high or retest the support at 2850-2800...
higher resistance : 3030-3100
immediate resistance : 2900
support : 2800-2850
lower support : 2760
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**
STOCK TRADING :11)Kpower- top 20 jewel series of Malaysia stockTHIS IS TRADE 159) FRM HAIDOJO TRADING...
-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
kpower has been in uptrend ever since Apr 2019…it is trying to retest the previous high at RM3.00-3.10…Since the “Great Fall” in mid-March this year, kpower has since gained more than 300% frm the bottom RM0.90…!
latest update frm trade 99) is kpower has broken abv the resistance RM3.10 and made a new structure high at RM3.60...so it will probably continue its uptrend momentum until lower-low and lower-high are made...
current support : RM3.00-3.10
lower support : RM2.50
resistance : RM3.60-3.63 new high
Overall, kpower is still in tandem with its uptrend momentum…
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**
STOCK TRADING : 20) thong guan- top20JewelMalaysiaStocks-top 20 jewels frm a very popular local bank...
-technical : let's look at some price action...
this is trade 158) frm haidojo trading and the update frm trade 126)…Tguan has broken abv the resistance-turn-support RM4.87
nowit will continue its uptrend until a lower-high and lower-low are formed...
current support : RM5.30
strong support : RM4.87
resistance : RM5.65-5.70
Overall, tguan is uptrend now…it has broken abv its resistance level and continues its uptrend journey...
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 : 157) short on reboundthis is trade 157 frm haidojo trading...
"after the counter-trend yesterday, we have a pretty painless trade today...short near 1540 and took profit at 1520...
price even moves lower than the previous low and continues to 1500++...
now we are anticipating the price to move back retest 1512-1520,
support-turn-resistance level and short near that level ... next level of support is at 1475-1486 ...
dun try anymore counter-trend at this moment...
market is at full speed downtrend now..." frm my earlier QUOTE...
- so today fkli-sept did exactly what I had expected yesterday, which are:
1) went into the 1475-1486 region and rebound...
2) retesting the 1512-1520 resistance...
now for Monday, we shall wait for signal of the price being rejected and go for short...if thr is no signal then wait for the price to slowly glide
upward and retest the higher-resistance at 1540...1540 is a critical area for shift-of-trend...
higher resistance : 1540
current resistance : 1512-1520
support : 1475 -1486
lower support : 1450
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 : 155) downtrend persiststhis is trade 155 frm haidojo trading...
after the counter-trend yesterday, we have a pretty painless trade today...short near 1540 and took profit at 1520...
price even moves lower than the previous low and continues to 1500++...
now we are anticipating the price to move back retest 1512-1520,
support-turn-resistance level and short near that level...next level of support is at 1475-1486...
dun try anymore counter-trend at this moment...
market is at full speed downtrend now...
higher resistance : 1540
current resistance : 1512-1520
support : 1475 -1486
lower support : 1450
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 : 154) full steam aheadhi, this is haidojo trading and the number is 154...
basically, the analyst is the same with yesterday...today, we have reached the next level of resistance at 2900...
if we break abv this level, then we are looking at RM3000 the next level...RM3030 -3100...still buy on dip...
higher resistance : 3030-3100
immediate resistance : 2900
support : 2810-2840
lower support : 2710
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 : 153) counter-trend bullish cypher patternthis is trade 153 frm haidojo trading...
""this is definitely a "NO NO " for beginners or those who don't trade advanced patterns...
there is a possible bullish cypher pattern amongst the chaotic spiral of downward trend...
entry is unchanged range frm 1512-1520, SL 1508 or lower, tp 1537 -1540...no extended target...
I mentioned this bullish cypher pattern in trade 92) ! see how powerful advanced pattern is?"" QUOTE frm earlier timeline...
well, this is the moment that my hard-work is finally bearing fruits...Yes, not all of them are gonna be winners...but this is one of the winners...
so, bullish cypher pattern hits 1st tp today...I dun haf position-sizing therefore my tp is filled while I was away...this is a gud feeling...
but dun over-confident...rite? celebrate for a moment and then move on to the next trade...
higher resistance : 1560
current resistance : 1536-1540 (tp fills)
current support : 1520-1512
lower support : 1475 -1486
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 : 152) UPTREND PERSISTShi, this is haidojo trading and the number is 152...
As what I had said yesterday, today is a critical level for confirmation of uptrend...
we can see today, new structure high and higher high is produced...so, "long on retracement" is the best strategy now...
"buy on dip" is another way of saying this...until new structure low is formed...ganbateh...
higher resistance : 2900
immediate resistance : 2810-2825
support : 2760
lower support : 2710
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 : 150) NEW STRUCTURE HIGH NOT CONFIRM YEThi, this is haidojo trading and the number is 150...
FCPO-NOV has broken through the previous high of 2810 and formed new structure high in hourly chart...
but the new high-2825 is too close to previous one(not more than 20pts)...and a possible pin-bar in daily chart...so tmr is critical...
higher resistance : 2900
immediate resistance : 2810-2825
support : 2750-2760
lower support : 2710
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**
SHORT FKLI TRADING : 147) short on reboundthis is trade 147 frm haidojo trading...
after hitting the 2nd tp, now normally I wait for the next new trend...until then, still stick to short on rebound...
most probably sideway and slowly down...let's see what the market offers to us...
amazingly,the support range of 1540-1547 still holds...that's the miracle of support and resistance...alwaz mesmerize me in some ways...
higher resistance : 1577-1585 (reversal to bull)
current resistance : 1560
current support : 1540-1547(continue to bear)
lower support : 1475 -1486
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*
Aug26 - FKLI (Daily) - Bearish <154x, Potential Target 148x-150xFailing S1 will invite BEARS, my MAJOR position targets are: 148x-150x, 138x-140x
Don't forget to refer back to midterm ABC correction post below for potential minor targets.
Faster Update on T3L3gram: MyTradingSpace by JK
Happy Hunting! 🚀🚀
-JK- MyTradingSpace
FCPO TRADING : 142) sideway market + headNshoulderhi, this is haidojo trading and the number is 142...if you are chasing the price then probably you will feel exhausted bcox of the gaps...
fcpo is well-known for its gaps...the sudden gap-up or gap-down will definitely keep you in the blind...if it turns against you while you are holding a swing position, actually thr is nothing much you can do...either cut loss or hold...
that's why there is a saying, " waiting for things to happen is better than constantly chasing the next shining object" ...so be conservative when the market is sideway...unless you have a proven strategy which work in consolidation...
higher resistance : 2780-2810
immediate resistance : 2710
lower support : 2560-2605 the possible neckline for "head-and-shoulder"
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 :141) PRICE REJECTED AT RESISTANCE LVLthis is trade 141 frm haidojo trading...
a possible short position at 1574-1570, SL abv 1585, probably a few points abv it...1st tp at 1560, 2nd tp at 1550...
the reason for trading...? the price was juz rejected at the resistance level, 1577-1585...
higher resistance : 1616-1623 (recent high)
resistance : 1577-1585 (reversal to bull)
current support : 1560
lower support : 1540-1547(continue to 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 : 140) SIDEWAY MARKET
hi, this is haidojo trading and the number is 140...
well, what has happened on 19th Aug 2020 was the price has broken abv 2710 and reached 2750-60, the recent high created on 13th Aug...
a higher-low is formed, and basically both hourly and daily charts are still in uptrend...SIDEWAY market and slowly up probably...
resistance : 2780-2810
immediate resistance : 2750-60
support : 2710
lower support : 2560-2605 the possible neckline for "head-and-shoulder"
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**
THINK LIKE A BIG TRADER NOT PUBLIC PARTICIPANTAs expected, price already closed the gap and breakthrough ascending triangle pattern after a very long choppy market. We can see strong bullish momentum right now as the buyer starting to participate in the market. What we need to do is to wait the price retrace back to the previous breakout pattern as a confirmation to buy entry. I forecasted the price will continue with bullish momentum until it reach 2.618 Fibo level which the next significant support & resistance level. Just be patient and watch closely the price action to buy zone entry.
Aug10 - FKLI (1D) - Failing Major UTL, Potential Test S@150x-2xFailing to stay above:
1) Major UTL carrying rally from 12xx COVID-lows
2) Unable to stand above 158x-160x immediate resistance zone
These will lead to further correction. 🐻🐻
near term target: S@~150x-2x, daily ema100
Refer back prev FKLI post for multiple horizontal support zone;
also, not to forget mid-term major correction back to 140x which is still in progress 👇🏻👇🏻
Happy Hunting! 🚀🚀
-JK- MyTradingSpace