FCPO Week 2 2025: SHORT.Expecting that FCPO will continue lower next week. Probably it will move closer to the 4200 to 4100 area. From there it will depends on price action on the next direction.
FCPOF2019 trade ideas
2)FCPO : prediction on 6th Jan 2025possible reversal for fcpo-march on 6th jan 2025...
Disclaimer : "I am not guru and I am working hard to make profit same as u. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. "
FCPO WEEK 52 2024: BEARISH.FCPO is bearish. This is a short week and I'm expecting price to make a retracement before proceeding lower. So it is bearish this week and probably it would be bearish as well going into next week.
Head-and-Shoulders Pattern Signals Decline in MAR25-JUN25 SpreadMYX:FCPO1!
The opening price of the MAR25-JUN25 spread contract today was 265 points. During the midday session, the market experienced a sharp decline to 206 points but later recovered, closing at 227 points.
From the daily chart of the MAR25-JUN25 spread contract, a clear head-and-shoulders top pattern can be observed, with today’s closing price falling below the neckline, signaling a bearish trend. Referring to the March FCPO contract, the closing price today was 4,342 points, approximately 200 points above the strong support zone I identified at 4,120–4,150 points. The overall trend remains bearish.
Based on this analysis, I expect the MAR25-JUN25 spread contract to continue its downward movement tomorrow. If tomorrow’s closing price is around 200 points and the March contract has not yet tested the strong support zone, I will hold onto the position. However, if the March contract reaches the strong support zone, it will be necessary to exit the position to mitigate the risk of a rebound in the spread contract.
Market activity during the night session was relatively subdued. I look forward to seeing whether tomorrow’s price action aligns with this analysis.
Palm Oil Market Watch: Technical Breakdown & Fundamental ShakeupIn the ever-changing landscape of the global vegetable oil market, palm oil takes center stage once again. From India’s sharp increase in imports to Indonesia’s biodiesel policy adjustments and Malaysia’s declining export figures, the palm oil market is witnessing a dynamic interplay of forces. On the technical front, critical price levels and trend shifts are adding layers of uncertainty and opportunity for market participants. This article delves into the latest developments and future outlook of the palm oil market through both fundamental and technical perspectives.
1. News and Fundamental Analysis
Anilkumar Bagani, head of research at the Mumbai-based vegetable oil brokerage Sunvin Group, stated that palm oil futures rebounded from earlier weakness because India, the world's largest edible oil importer, increased its palm oil purchases. India bought approximately 100,000 metric tons of palm oil during the first two working days of 2025.
Indonesia’s Deputy Minister of Energy and Mineral Resources, Yuliot Tanjung, announced on Friday that the country would provide a 1.5-month transition period for businesses to meet the new B40 biodiesel policy requirements. Initially, Indonesia planned to mandate a 40% palm oil content in biodiesel starting January 1, but industry stakeholders are still awaiting technical regulations for implementation.
Independent inspection company AmSpec Agri reported on Tuesday that Malaysia's palm oil product exports for November totaled 1,381,837 tons, a 2.5% decrease from November's 1,417,436 tons. Meanwhile, data from Intertek Testing Services (ITS) showed Malaysia’s palm oil product exports for December fell to 1,359,504 tons, down 7.8% from November's 1,473,761 tons.
Palm oil prices followed the trends of other competing edible oils as they vie for market share in the global vegetable oil market. In China, the most active soybean oil contract on the Dalian Commodity Exchange dropped by 2.56%, while the most active palm oil contract declined by 1.36%. The CBOT March soybean oil futures contract remained steady.
2. Technical Analysis
Malaysian BMD crude palm oil (CPO) futures rose on Friday but ended the week with a decline of over 5%, reversing gains from the previous week. The benchmark March CPO contract on BMD increased by RM41, or 0.95%, to RM4,374 per ton.
The weekly chart for the continuous contract FCPO1! shows that prices failed to hold the support level around RM4,500, instead falling to RM4,374. Despite losing the RM4,500 level, the overall upward trend structure remains intact on the weekly chart. The next support level is anticipated around RM4,120. If this level is also breached, it will be necessary to reassess whether the major trend has shifted from bullish to bearish.
On the daily chart for FCPO1!, the overall trend leans bearish. A clear double-top formation is evident, with a neckline break, resistance retest, and distinct downward waves. While support is visible around RM4,250, it is unlikely to be strong. Both the weekly and daily charts for the March contract indicate that RM4,250 does not represent a solid support level.
3. Summary
By referencing the March and continuous contracts, the next significant support level is likely between RM4,120 and RM4,150. Until this support range is breached, the overall trend can be described as long-term bullish with short-term bearish corrections.
Palm Oil Futures (FCPO) Technical Analysis: A Short-Term BearishThe analysis did not align with initial expectations. It was anticipated that the weekly chart of the FCPO1! continuous contract would stabilize around the 4500 support level, but this week it dropped to 4374. From the weekly chart perspective, while the 4500 level has been breached, the overall upward trend structure remains intact. The next support level will likely be around 4120. If this level is also breached, it will be necessary to reassess whether the major trend has shifted from bullish to bearish.
Looking at the FCPO1! daily chart, the overall trend leans bearish. A clear double top can be observed, along with a neckline breakout, a retest of the resistance line, and a distinct downward wave. Although there may be some support around the 4250 level, it is unlikely to be strong support, as both the weekly and daily charts of the March contract do not indicate any significant support at this level.
By referencing both the March contract and the continuous contract, the next strong support level should be around 4120–4150. As long as this support level holds, I consider the trend to be long-term bullish but short-term bearish.
Based on the daily chart trend of the March contract, it is likely that prices will decline in the short term to test the 4120–4150 support level. Therefore, I believe this is a good opportunity to enter a short position on the spread.
Currently, the support level for MAR25-JUN25 is around 240 points, with the next support level at 190–200 points if 240 is breached. If an entry can be made above 250 points on Monday, each contract is expected to yield a 50-point profit, amounting to RM2,500 in total.
FCPO WEEK 51 2024: BULLISH.A retracement followed by a bullish key reversal and an inside bar candle usually a good indication that price would continue higher. Thus next week I'm expecting a higher price for FCPO and TP should be around 5200. However if price failed to move forward beyond the area of 5065 then there is a possibility that price might go lower. For now it is bullish.
FCPO Daily Analysis for 9 December 2024: Bullish Momentum BuildsFCPO market on 9 December 2024 reinforced its bullish trajectory, offering opportunities for both swing and intraday traders. With strong support levels holding firm and visible resistance zones being tested, tomorrow’s trading session could provide high-probability setups. By leveraging technical analysis and adhering to sound risk management principles, traders can navigate the market with confidence.
Whether you’re targeting swing trades or quick intraday scalps, the FCPO market continues to exhibit promising potential as it marches toward year-end. Stay vigilant, remain disciplined, and trade with a plan.
See full analysis on Master FCPO Trading website.
Spot bullish to close the daily gapNearest area exactly thats daily gap ,
consider pullback in S30 area ,
daily range is +-100ticks with bull weight
FCPO Daily Analysis for 4 December 2024 - Breaking BarriersFCPO market on 4 December 2024 demonstrated exceptional bullish strength, with price action aligning across all major timeframes. From the daily trend’s continuation to the 1-hour breakout above key resistance and the 5-minute intraday momentum, today’s market was a masterclass in bullish technical analysis.
The underlying news of tightening supply and positive export data acted as the catalyst for today’s price surge. As we look ahead to 5 December, traders should stay focused on riding the bullish trend while maintaining disciplined risk management. Retracements to key support levels offer attractive entry opportunities, while the momentum indicates further upside potential in the coming sessions.
The FCPO market continues to offer exciting opportunities, and today was yet another reminder of the power of combining technical analysis with market fundamentals for informed trading decisions.
See full analysis from Master FCPO Trading website.
Insightful FCPO Daily Analysis for 2 December 20241. The FCPO market on 2 December remained bullish but faced strong resistance at key levels.
2. Intraday and swing traders should watch price action around the resistance for breakout signals.
3. Tomorrow’s strategy involves careful monitoring of technical levels and disciplined risk management.
Read full analysis from Master FCPO Trading website.
Bullish Insights: FCPO Daily Analysis for 29 November 2024Bullish Trend Remains Intact Despite Resistance:
The FCPO market maintains a strong bullish trend on the daily chart, with retracements providing potential entry opportunities for swing traders. However, the market is encountering an invisible resistance level, suggesting a temporary pullback.
Consolidation Signals Market Pause:
Both the 1-hour and 5-minute charts highlight consolidation zones as prices react to resistance levels. This pause indicates indecision in the market, presenting a chance for traders to wait for clearer breakout or retracement signals.
Strategic Planning for Tomorrow’s Trades:
Traders should monitor key support zones for potential long entries and stay cautious during consolidations. A focus on risk management, such as adhering to a 1:2 risk-reward ratio, will be crucial in navigating tomorrow’s market conditions effectively.
See full analysis from Master FCPO Trading website.
FCPO WEEK 50 2024: BULLISH.It is still bullish. It is expected that the price will continue higher or at least tested the 5200 price level. There are 2 options. It will either go ahead bullish on opening next week (OPTION1) or making a retracement to fill in the 4hr GAP and then continue higher (OPTION2). OPTION 2 is the preferred price action.
Catchy Title FCPO Daily Analysis for 28 November 2024: Bullish FCPO market on 28 November 2024 showcased remarkable bullish momentum across daily, hourly, and intraday charts. Buyers dominated the market, supported by favorable technical setups and macroeconomic tailwinds.
As the market approaches critical resistance levels, traders should remain vigilant. Intraday participants can capitalize on clear support levels, while swing traders should prepare for potential pullbacks near resistance.
With no immediate signs of reversal, the FCPO market retains its bullish outlook, making tomorrow another promising day for strategic opportunities. Stay disciplined and adaptable to market dynamics for optimal results.
See full analysis from Master FCPO Trading website.
Market: FCPOG2025 (PALATAU ANALYSIS)Scenario: Accumulation Trading Range Identified
Methodology: Wyckoff Events and Indicators Analysis
Analysis Breakdown
The price appears to be forming an Accumulation Trading Range (ATR) on the 30-minute timeframe, highlighted by the blue box in the chart. However, current price movement suggests two possible scenarios:
Scenario 1: Short-Term Decline
Observation:
Price may first drop into a smaller Local Trading Range (yellow box) before continuing its upward or downward move.
Evidence:
Upthrust (UT) event detected, indicating a false breakout above resistance.
Indicators such as MACD, Stochastic, and RSI show bearish divergence, supporting the likelihood of a downward move.
Trade Plan:
Look for shorting opportunities within the smaller Local Trading Range.
Stop Loss: Above 4769 to limit risks.
Target Profit (TP): Around 4693, a strong support zone reinforced by a trendline. If price breaks below this, the next target would be 4626.
Scenario 2: Larger ATR Wyckoff Events
Observation:
Monitor the blue box area for price action confirming larger Wyckoff events (e.g., Upthrust, Spring).
Upside Movement:
If the price rises towards 4787 (resistance) but fails to break higher, look for an Upthrust Event to short.
Downside Movement:
If the price moves downward, watch for reactions at 4693 and 4626 support levels. If these levels hold and price reverses, this could signal an opportunity for long positions.
Key Levels to Watch
Resistance: 4787.
Support Zones: 4693 (primary), 4626 (secondary).
Indicators
MACD: Showing bearish crossover and divergence.
Stochastic Oscillator: Overbought conditions hinting at a potential decline.
RSI: Exhibiting divergence, adding to bearish sentiment.
Risk Management & Final Notes
Use smaller timeframes to refine entries and exits for tighter stop losses.
Maintain a cautious margin and adapt to new Wyckoff events as they appear on larger timeframes.
Disclaimer
This analysis is based on Wyckoff methodology and technical indicators. It is for educational purposes only and does not guarantee success. Always perform your own research and manage risks responsibly.
Bullish Momentum Builds: FCPO Daily Analysis for 26 November 202FCPO market on 26 November delivered a clear message: the bulls are in charge. From the daily timeframe's support zone validation to the intraday chart's steady breakout, all technical signals point to continued upside potential.
That said, the market never moves in a straight line. Traders should remain agile, using technical levels like the CPR pivot zone and the 4670 support as guides for their strategies. With careful planning and execution, tomorrow’s session promises to be another exciting opportunity in the FCPO market.
Key Takeaway: Stay bullish, stay disciplined, and always be ready to adapt to new information.
See full analysis from Master FCPO Trading website.
FCPO Daily Analysis for 25 November 2024FCPO market on 25 November 2024 highlighted a transitional phase. The daily timeframe's bullish trend is now facing resistance, while hourly and intraday charts reflect consolidation. While today's session lacked strong directional cues, this could pave the way for more significant movements in the days to come.
As traders, it’s crucial to adapt strategies to current market behavior. Stay cautious, remain disciplined, and prepare for potential breakouts or breakdowns as the market defines its next move.
Read full analysis from Master FCPO Trading website.
FCPO WEEK 48 2024: STILL BULLISH.FCPO is having a good retracement last week. Overall the trend is still bullish until proven otherwise. However I'm still expecting a bit more downwards before price settling to start a move a higher. A move below 4600 is a possibility next week. From there, depending on price action, the price might consolidate a bit before starting to move higher.
Overview of the FCPO Market on 22 November 2024Bearish Momentum Across All Timeframes
The FCPO market on 22 November 2024 exhibited strong bearish control across daily, hourly, and intraday charts. Breakdowns below key support levels and rejections at resistance zones highlight sellers' dominance.
Swing and Intraday Strategies Favor Short Positions
The technical analysis supports a short-selling approach, with entry opportunities near resistance zones (4,700-4,750). Targets for swing traders are around 4,600, while intraday traders can aim for 4,620, with tight stop-loss management above 4,800.
Potential Reversal Hinges on Key Support Levels
While the daily bullish trend isn't entirely invalidated, continued pressure from external factors like rising inventories and weak export demand suggests further downside. A reversal requires a confirmed bullish setup, which remains absent.
See full analysis from Master FCPO Trading website.
FCPO Daily Analysis for 21 November 2024: Drop and ReverseThe FCPO market on 21 November 2024 highlighted the intricate dance between trend-following strategies and counter-trend opportunities. While the daily chart hints at a pivotal moment for the broader trend, the hourly and 5-minute charts revealed the nuanced dynamics of intraday reversals.
As we gear up for tomorrow, staying vigilant around support and resistance levels will be crucial. With the right blend of patience and decisiveness, traders can navigate the next session effectively. Remember, the market rewards preparation and punishes hesitation—stay sharp and trade wisely!
Read full article from website Master FCPO trading.
FCPO Daily Analysis for 20 November 2024 - Bearish Run!Today’s FCPO market action underscored the importance of aligning with the dominant trend across timeframes. While the daily chart remains in a bullish structure, shorter timeframes paint a bearish picture, suggesting caution for swing traders and opportunities for intraday sellers.
As we move into tomorrow, traders should remain agile, focusing on pivotal levels and watching for potential reversal signs. With weaker export data adding to bearish momentum, the market may test lower levels before regaining strength.
The FCPO market is never static, and today’s price action was a stark reminder of how quickly sentiment can shift. Stay disciplined, follow your trading plan, and be ready to adapt as new patterns emerge.
Analysis of FCPOG2025 – Palatau PerspectiveCurrent price action suggests that FCPOG2025 is navigating through the Accumulation Phase, as outlined in the Wyckoff methodology. Key schematic events are marked on the chart to provide clarity.
1. Wyckoff Schematic Overview:
The sequence begins with the Selling Climax (SC) and progresses through a Spring/Shakeout (ST) phase, followed by an Automatic Rally (AR).
Recently, the price tested an Upthrust (UT) but failed to sustain momentum above the key resistance level of 4961, signaling potential bearish continuation.
2. Anticipated Price Movement:
With the failure at the UT, the price seems inclined to seek lower levels. A plausible downside target is the nearest support around 4799, where buyers may step in.
3. Entry Strategy:
To capitalize on this movement, traders should identify a Local Trading Range (LTR) on the lower timeframes to refine entry points. This approach helps minimize stop loss levels while optimizing risk-reward.
Another entry opportunity may present itself during a Last Point of Supply (LPSY) event, should the price exhibit a bearish rejection at a resistance level.
4. Risk Management:
As with all trades, position sizing and margin management are critical. Carefully monitor price action, especially in the identified trading ranges, to avoid excessive drawdowns.
5. Profit Target and Stop Loss:
Profit Target: Around 4799, aligning with the identified support level.
Stop Loss: Placed just above the recent highest UT zone (5093) or the new resistance formed within the LTR, depending on your entry point.
Disclaimer:
This analysis represents a personal trading idea based on the Wyckoff methodology and is shared for educational purposes only. It is not a guarantee of future performance, and trading always involves risk. Please perform your own research and consult a financial professional before making any trading decisions. Always trade responsibly and within your risk tolerance.
FCPO Daily Analysis for 19 November 2024 - Support vs ResistanceThe FCPO market on 19 November 2024 was a blend of technical corrections and fundamental influences. The daily timeframe highlights overbought conditions, with the market testing support levels. The 1-hour chart illustrates a pullback at mid-term levels, balancing between support and resistance. Lastly, the 5-minute timeframe shows how intraday traders navigated a gap-up reversal.
Tomorrow’s trading strategy should revolve around key levels identified today, emphasizing disciplined risk management and alignment with broader trends. By staying adaptive, traders can capitalize on the market’s dynamic nature while protecting their capital.
See full analysis from Master FCPO Trading website.
