Malaysiastockmarket
FCPO TRADING : 292)at the crossroadthis is haidojo and the number is 292 ...
First of all, my apology for the delayed episode...heavy duty...
after a full-raged bear tore down fcpo on 14th June last month, fcpo-sept has been slowly and gradually step up..till now...right at the crossroad...
IF fcpo-sept emerges higher than the current resistance ranging frm 3880-3950,THEN higher-high is formed...and a new uptrend is formed...
bullish rotation is said to be formed...
IF the challenge to retest the this resistance fails, THEN it goes back to the previous downtrend...
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 : 4073-4200
resistance : 3880-3950
immediate support : 3874-3880
lower support : 3300
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!
Malaysian MCO 3.0 effect.Due to Malaysia have decide to run back a total lock down, only some economy areas are open to support sustain the economy. But the inflation and other demands are insisting the economy to fall back in the bearish trend.
Luckily the Malaysian government have make an exit recovery plan, and perhaps all it will work soon.. or the economy impact will be in the bad shape.
When the economy in the bad shape, the recovery will be hard and more difficult to rise back. In the 6 month ahead is the critical economy pull back, And the government must stick to all the plans that have been made to bring back the economy in the psychological area. There still have supports down, but it will be a hard to bounce back when already below the market price.
All the stock market will also impact hard during this session, buying a stock this year is not really worth.
All the best for all Malaysian, and investors..
Be safe, stay at home..
Malaysia Health Care Index.Correlation with Gloves Stock.20/6/21With geopolitical and economic issues, Should we "trace" Glove Stocks "Future Paths" with US Glove Stock ADR/OTC? or "Local" Health Care Index? which is Comprise ≈ A Quarter (28.5% ) ( 4 out of 14 Malaysia Health Care Index Stocks are Gloves Stocks)
FKLI TRADING : 291) consolidation phase-bullish bat patternthis is number 291...
another advanced pattern discovered side-by-side to the earlier advanced pattern, bearish cypher pattern...this is a bullish bat pattern...\
entry level is the controversial 1550 ---super strong support, also the indicator of sideway or bear market...entry is possible at 1552, SL below 1545, 1st tp 1570...no 2nd tp...haha...not sure if it is going back up this time...we hit this level at least 4 times this year alone...
the higher the frequency of the hit, the "softer" it gets, so, gud luck folks...
*plan your trade and trade your plan... gud luck*
higher resistance : 1592-1597
immediate resistance : 1572
critical support : 1550 (the-hasn't-broken-and-possibly-never-will-level) also the lowest-low so far
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , crypto, commodities 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 : 290) consolidation phase-bearish cypher patternthis is number 290...
this is a late discovery...I actually forgot to post this online...sorry for all inconvenience caused...the discovery is bearish cypher pattern, a small pattern which happened on 14th june 2021...short position at 1586-88, SL abv 1593, 1st tp 1572, 2nd tp can hold till "stop-and-reverse" position at 1552, it is at this point whr we might have a bullish bat pattern...will make the intro in next episode...
*plan your trade and trade your plan... gud luck*
higher resistance : 1592-1597
immediate resistance : 1572
critical support : 1550 (the-hasn't-broken-and-possibly-never-will-level) also the lowest-low so far
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , crypto, commodities 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 : 289) consolidation phasethis is number 289...
gud news is, both the previous advanced patterns hit their targets...(check back 286 and 285 for detail)
bad news is, fkli-june is still in sideway market...
If u play with trending strategy, this is the worst case scenario to work with...however, advanced patterns could save the day...
as the saying goes " consolidation breeds advanced patterns" ...
so either we wait for more advanced patterns to come...or wait for breakout...
Again, pls get your trading plan first if you have none...this is crucially important if you treat your trading like a business, not gambling...
if you have no idea what is the winning rate/losing rate of this trading method, and what is the worst-case scenario, how it performs in the long run, dun trade this method...use anythg that u are familiar with, that u know the risk...alwaz be careful with those who promise u stars and moon, and a guarantee "quick-fix"...as thr is no such thing in trading industry...
*plan your trade and trade your plan... gud luck*
higher resistance : 1592-1597
immediate resistance : 1575
critical support : 1550 (the-hasn't-broken-and-possibly-never-will-level) also the lowest-low so far
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , crypto, commodities 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 : 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!
TR 381. Mahsing weekly in uptrend. EMA 20 above EMA 50. Price action just above EMA 200.
2. In H4, it is expected to be in Wave 4 where reversal after ABC at 0.382 Fibonacci level (previous reversal also at 0.382). Doji formed and broken with bullish candle.
3. From Isaham, Profit and Revenue uptrend, PE 22.7, WAFV RM0.92
FKLI TRADING : 286) bracketing market with 2 advanced patternsthis is number 286...
as a continuation frm previous 285) episode, I would like to suggest another advanced pattern to look at, a bullish bat pattern...
the formation of leg D is possible at the critical support near 1550, which is at 1553-1548...
SL can put a few points below that, 1st tp 1575, 2nd tp at 1586...
So, by putting the 2 advanced patterns together, we successfully bracket the market with short range frm 1586-1592...
and bullish long frm 1548-1553...this is a pretty gud strategy to use during consolidation phase...which the market is going tru right now...
Again, pls get your trading plan first if you have none...this is crucially important if you treat your trading like a business, not gambling...
if you have no idea what is the winning rate/losing rate of this trading method, and what is the worst-case scenario, how it performs in the long run, dun trade this method...use anythg that u are familiar with, that u know the risk...alwaz be careful with those who promise u stars and moon, and a guarantee "quick-fix"...as thr is no such thing in trading industry...
*plan your trade and trade your plan... gud luck*
immediate resistance : 1586-1593
support : 1575
critical support : 1550 (the-hasn't-broken-and-possibly-never-will-level) also the lowest-low so far
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , crypto, commodities 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 : 285) a tiny-winy bearish gartley patternthis is number 285...
it is unbelievable...but 1550 support still holds...the longer the price lingers in this region, the higher the chance of the fkli-may to rebound...
for real...now we might have a small chance of trading sideway market...a bearish gartley pattern...it is actually a deep gartley...
short position at 1586, SL at 1590...a really tight range...1st tp is possible at 1575...2nd tp at 1570...\
if you dun trade advanced pattern, dun do it now...if you have no trading plan, find one...if you have never tested any strategy that I have mentioned, dun trust me 100%...trust your own testing and your own eyes...this is not a trading signal channel, dun treat it like one...
I am not responsible for any of your loss...
*plan your trade and trade your plan... gud luck*
immediate resistance : 1586-1593
support : 1575
critical support : 1550 (the-hasn't-broken-and-possibly-never-will-level) also the lowest-low so far
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures, crypto, commodities 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*
TR 371. Careplus weekly have completed the ABC cycle and expecting to make another wave.
2. H4 is Wave 4 where reversal expected to be at 0.382 level (previous Wave 2 at 0.618) also an RBS area. Hammer formed and break with bullish candle.
3. From isaham, profit and revenue increasing, PE 5.3, WAFV RM2.83
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!
FKLI TRADING : 283) after a false breakout, then heading souththis is number 283...
resuming the analyst frm the previous month, it is proven that the false breakout on 26th Apr was a mere "window-dressing" of the month...
right after that, fkli-apr and fkli-may are in total downtrend...today, it has broken below the support of 1593...
now that 1593 has turned into resistance already...the next level of support is at 1575...then 1550...this year-low so far...
*plan your trade and trade your plan... gud luck*
immediate resistance : 1593
support : 1575
critical support : 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*
May03: FKLI (Weekly) - Sideways-Up, Major Range 150x-170x 📈📉Major Support at 150x-3x still holds, while price struggling above weekly ema100 (~158x area)
Expect further sideways-up movement if major support holds, possible wedge pattern in formation.
Watch: Immediate R @ 169x-172x
Happy Hunting! ⭐️🚀
-JK-
FKLI TRADING : 282) gartley is invalid, trend is upwardthis is number 282...
leg X of the gartley pattern is violated, so this pattern is no longer valid...
next move we are anticipating the market to retraces back a bit before moving higher to 1634 resistance...
so let's see what is going to happen...the trend has reversed into uptrend...
even though it could juz be an end-of-the-month window-dressing...
however, trade what you see, not what you think...
*plan your trade and trade your plan... gud luck*
resistance : 1634
support : 1612-1617
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*
HEXZA 3298 Momentum BreakoutStudy...based upon Volume Price Spread Analysis and Momentum
HEXZA has shown Breakout with Momentum
Close: 1.17
EP: 1.19<
SL: 1.02
TP: 1.45/1.73/open
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
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!
FKLI TRADING : 280)after bat, thr is a gartleythis is number 280...
the bearish bat pattern is still ongoing, but now it is added with another possible short position --which is a bearish gartley pattern...
short position entry is possible at 1612, SL abv that level...1st tp at 1594, 2nd tp at 1576...
of course, that is my opinion...this is not a buy call or sell call...pls do not follow...
that's all...
*plan your trade and trade your plan... gud luck*
resistance : 1606-1612
support : 1594
lower suppor t : 1576
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*