Get started
USD Malaysian Crude Palm Oil Calendar FuturesUSD Malaysian Crude Palm Oil Calendar FuturesUSD Malaysian Crude Palm Oil Calendar Futures

USD Malaysian Crude Palm Oil Calendar Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Forward curve Seasonals Contracts

CPO1! trade ideas

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!
MYX:FCPO1!Long
by HAIDOJO_trading
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!
MYX:FCPO1!Long
by HAIDOJO_trading
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!
MYX:FCPO1!Long
by HAIDOJO_trading
7
FCPO TRADING : 238) uptrendthis is haidojo and the number is 238 ... fcpo-march has been in decreasing volume bcox of holiday approaching and most probably gliding sideway or slowly up... unless 3450-3470 resistance is broken, we have uptrend resumes OR support 3340 is broken then we have downtrend coming... until then...uptrend persists...this is the last episode frm me this year, so goodbye 2020 and Merry Christmas, Hapi New Year! *plan your trade and trade your plan... gud luck* higher resistance : 3620 temporary resistance : 3450-3470 support : 3340-3350 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!
MYX:FCPO1!Long
by HAIDOJO_trading
FCPO TRADING : 236) consistent uptrendthis is haidojo and the number is 236 ... new fcpo-march arrives...sideway or downtrend...we have reversal signals such as Double-Top and a gap down... unless the DT is broken, price probably falls lower... *plan your trade and trade your plan... gud luck* higher resistance : 3620 temporary resistance : 3450-3470 support : 3340-3350 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!
MYX:FCPO1!
by HAIDOJO_trading
FCPO TRADING : 234) consistent uptrendthis is haidojo and the number is 234 ... market is moving towards uptrend after some sideway...but this is the last 2 days before we move to the new fcpo-march... so we need to check the new fcpo before decide and since the late fcpo-feb is expiring soon, so better stay away... or get a quick kill...haha *plan your trade and trade your plan... gud luck* higher resistance : 3620 temporary resistance : 3450-3464 support : 3340-3350 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!
MYX:FCPO1!Long
by HAIDOJO_trading