Pullback area. Good for buy scalperOn daily timeframe, there's strong volume on low BB.
Price will do some pullback before continue the downtrend.
Target 1st TP, 3960. Once it break 3960, price possible go to TP2 at 4044.
FCPO1! trade ideas
FCPO - AUG21 - Support and Resistance (SNR) - 10/06/2021SNR Kampung Style.
Valid on the said date only.
Enjoy and feel it. Hopefully, it's useful.
This is for study and educational purposes only.
FCPO, LOWER FOR WAVE 3FCPO AUG 2021 CONTRACT
KEY LEVEL = 3831, 3852, 4064
CRITICAL LEVEL = 4260
10.06.2021
Trading below 3852 and 3831 would signal us that wave 3 is in play. Next reasonable target area for wave 3 will be between 127.8% and 161.8% Fibo ratio, 3472-3259 area.
As for today, we will monitor 4064 key level, trading above this level will cancel this wave 3 in 3 setup and price movement above our critical level of 4260 will cancel this setup.
I AM A GOOD TRADER - You only need one affirmation and this is it. Read these words every day until you don't have to read them anymore. =)
FCPO 09.06.2021FCPO AUG 2021 CONTRACT
KEY LEVEL = 3913,4166
CRITICAL LEVEL = 4468
09.06.2021
Expecting wave C of 2 toward 4336 area if price move above our key level 4166.
Breaking below 3913 and 3852 will strengthen the idea of wave 3 is in play.
My personal opinion, as long price is below our critical level 4468, the force is strong with the bear.
Embrace probabilities: Trading is all about probability, never certainty.
FCPO AUG 2021 : Expended Flat PatternFCPO AUG 2021
Quick update on my trading setup for FCPO Aug 21 contract.
We found a recognizable pattern on chart, Expended Flat wave 4.
Looking for short selling opportunity with impusle movement of wave C.
Validation level for this idea is the extreme top or previous higher high, breaking this level, will go with diagonal triangle idea.
FCPO LONGFCPO consider in still bullish mode. Target price will touch median line or upper parallel line.
FCPO - AUG21 - Support and Resistance (SNR) - 08/06/2021SNR Kampung Style.
Valid on the said date only.
Enjoy and feel it. Hopefully, it's useful.
This is for study and educational purposes only.
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!
FCPO - AUG21 - Support and Resistance (SNR) - 04/06/2021SNR Kampung Style.
Valid on the said date only.
Enjoy and feel it. Hopefully, it's useful.
This is for study and educational purposes only.
Look at these 3 June 2021 - HH LL entry price FCPO 1) Focus and learn this style - (focus on look for HH and LL price action and S&R line) Enter for long shorts or long buy / Set SL at previous high or low- Refer to HH or LL only on support or resistance line - use 15 min time frame
2) Casino method-Win ratio must more than 3:1 Take profit (TP 70 pp>) - must (SL 25 pp)
3) Enter at HH or LL signal / and Take profit on any HH LH or LL HL
FCPO - AUG21 - Support and Resistance (SNR) - 03/06/2021SNR Kampung Style.
Valid on the said date only.
Enjoy and feel it. Hopefully, it's useful.
This is for study and educational purposes only.
FCPO - AUG21 - Support and Resistance (SNR) - 02/06/2021SNR Kampung Style.
Valid on the said date only.
Enjoy and feel it. Hopefully, it's useful.
This is for study and educational purposes only.
FCPO - AUG21 - Support and Resistance (SNR) - 01/06/2021SNR Kampung Style.
Valid on the said date only.
Enjoy and feel it. Hopefully, it's useful.
This is for study and educational purposes only.
FCPO - AUG21 - Support and Resistance (SNR) - 31/05/2021SNR Kampung Style.
Valid on the said date only.
Enjoy and feel it. Hopefully, it's useful.
This is for study and educational purposes only.
Still in a bull mode for FCPO ?Hello. This is what i found for Futures Crude Palm Oil (FCPO)
1. Bat pattern which indicates the reversal of price from D Point.
2. The price apparently was re-entering the support that has been broken before (Support Become Resistance-SBR get back to its normal support role)
Lets see how it goes.
Please trade at your own risk & the idea is just for an educational & knowledge purposes.
Best of luck traders !
FCPO TRADING : 287)reversal signal is confirmedthis is haidojo and the number is 287 ...
welcome fcpo-aug and gudbye fcpo-july! after hitting the historical high last week wednesday at 4525 on 12th may 2021, this is the highest point fcpo ever reached in at least the past 13 yrs...! Ever since 2008, fcpo finally reached back to this level together with the commodities boom which is happening worldwide...(ironbar, soil bean, etc...)
before we have the time to celebrate, the price started to drop and this week, fcpo-aug has not only violates one, but 2 critical supports of 4335 and 4180...the next level of support is ranging frm 3880-3920...(this is not an indication of buying at support, dun do counter-trend trade if you have never tested it)
the chart actually shows the movement of the price in a line...and then also the price action such as HH_HL_HH for the uptrend, then suddenly the formation of ISL_LH_LL which indicates the change of the trend has happened...(If you dun understd what alien language I am writing, pls look at the chart)...
So now short on rebound is the best offer frm market...
*plan your trade and trade your plan... gud luck*
higher resistance : 4486-4525 (new record and the highest point since 2008)
resistance : 4300- 4335
immediate resistance : 4180
immediate support : 4070-4085
lower support : 3880- 3920
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 - AUG21 - Support and Resistance (SNR) - 19/05/2021SNR Kampung Style.
Valid on the said date only.
Enjoy and feel it. Hopefully, it's useful.
This is for study and educational purposes only.
FTSE FCPO Palm Crude Oil Futures #FCPOStill rooms for fcpo to rise, be alert once it rises above 4400.
Plan your trade, Trade your plan!
