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FCPO1! trade ideas

FCPO TRADING : 254) INcoming---more reversal signalsthis is haidojo and the number is 254 ... after hovering in the tight range for some time(a few days), 3170-3300, we witnessed a breakout on wednesday... price action did not one, but two things, 1) creates an initial new high 2)before that, creates new higher-low too... so, now the trend has reversed... if the trend continues creating more and more higher-highs and higher-lows, then we have a new uptrend coming... then, we turn into buy/long on dip...or buying on retracement...that's the best offer frm the market now... now, that is not so much info. in this episode, but...trust me...it is probably worth much more than the paid info out there... hence, giving u guys free for such valuable info...would probably make me...either crazy...or real...ok best of luck *plan your trade and trade your plan... gud luck* higher resistance : 3446-3450 (might reverse bear trend) resistance-turn-support : 3270- 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 : 251) bullish divergencethis is haidojo and the number is 251 ... as for what has happened today is...a glimpse of possibility of reversal of the trend... Why I say that? I saw the first sign of reversal ----which is bullish divergence in hourly chart/timeframe... but all counter-trend traders, hold your horses first, it is not that simple...I don't mean that fcpo-apr will reverse tmr and hit all time high again immediately...what I mean is, price action shows that the bull has rebound a bit today, trying to fight over bear for control... however, the whole fcpo market is still in downtrend...bear is still in firm control...if we see more and more reversal patterns/signals come in, then only we can say that the bull has come back... bullish divergence that I try to introduce here is when price hits lower but RSI shows the opposite direction...moving up... that is the classic bullish divergence but beware bcox daily chart RSI hasn't hit OverSold region yet...not quite yet... so, the chance of market dropping lower is still higher...short on rebound is still a preferred strategy... *plan your trade and trade your plan... gud luck* highest resistance : 3464 (might reverse bear trend) resistance : 3270- 3350 support : 3145-3200 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!Short
by HAIDOJO_trading
5
FCPO TRADING : 250) downtrend persists, bear is in-chargethis is haidojo and the number is 250 ... as for the new arrival of fcpo-apr, it still doesn't turn over the downtrend, which means, it is for real....not a quick retracement... As for today, another critical support has been broken...a "higher-low" in daily chart...(needless to argue, if you don't trade this method, stick to your method)... Significantly, it means, market will continue sliding down...fast or slow? you will know ... lesson learnt here is...when the market is on some kinda trend, dun go fight against it...unless, of course, if only the price-action shows u some "clues"... 3320 support is officially broken... next level of support is ranging frm 3145 -3200 (again, if u dun trade this method, stop wasting ur time arguing with me, stick to whatever plan u are doing) *plan your trade and trade your plan... gud luck* highest resistance : 3464 (might reverse bear trend) resistance : 3320 - 3464 support : 3145-3200 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!Short
by HAIDOJO_trading
FCPO TRADING : 249) trend has reversed into fast-dropthis is haidojo and the number is 249 ... As I has mentioned earlier in trade 247(go watch it if you haven't), critical support is at 3670, if it has been broken, then downtrend has arrived. what I don't expect is a fast-dropping downtrend...I tot the transition will move frm "uptrend - sideway - downtrend"... instead, what has happened is "fast uptrend --- fast downtrend" a 180 degree upside down turn which happens immediately... two consecutive days with down more than 100pts...so, no counter-trend trade... the best offer market is providing now is short on rebound...a friendly reminder : if you are new to the fcpo, and has never traded it before.. pliz, stay away...now is the fast-swing period...it is certainly not a gud news for newbies and the faint-hearted ones... although I consistently hear the gurus out there urge their students/apprentices to "short it", " don't think, juz do it" ... it is not recommended to do that...bcox after fast fall, we might have fast rebound...especially those deadly gaps... Get a trading plan, test it, then stick to it...don't follow blindly what the gurus say, test it...verify it, make sure it is repeatable... then only apply it... *plan your trade and trade your plan... gud luck* highest resistance : 3600 resistance : 3470 support : 3320-3470 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!Short
by HAIDOJO_trading
6
SHORTING FCPO NEARLY 100 POINTS !!!!as you can see the price action been linger at the vwap which seems undecided however majorly its still on downtrend therefore once the retest of 3576 failed with a wick no body has pass the vwap its a good sign of shorting take a positon at 3570 theres a gap between 3560 to 3540 which easily broke my next suport is at 3520 if its break we can see 3500 it did fake a bit going back to 3560 but failed and continue to sell off exiting my position at 3480 with about 90 point what a good morning ride guys
MYX:FCPOH2021Short
by elyas_elora
FCPO Q1 Outlook: Sideways-Up to ATH 4.4k-4.8k 📈🐮Technicals Major S: 3.6-3.7k (nearest support) ; 3.2-3.4k (prev consolidation range) Major R: 3.8-3.9k ; 4-4.2k ; 4.4k (ATH) ; 4.8k (Weekly breakout projection) 👇🏻 Prev idea on potential CPO New Bull Cycle: 👇🏻 Dec Bullish Call on CPO: 🔔 Q1 Risk Factor to Watch: Covid, Reinstating/further extension of MCO , Political instability (Malaysia), US President transition, US-China trade war (soybean oil deals), Geopolitical tension in Iran/Taiwan I'm Long bias for FCPO in 1Q2021, looking to initiate Long positions shall Major S holds. Happy Hunting! 🥂🚀 -jk-
MYX:FCPO1!Long
by jeanne_k
FCPO TRADING : 247) a possible reversalthis is haidojo and the number is 247 ... after consolidating for a few days, fcpo-march today evidently has a huge drop... if you trade using other method, pliz use back ur own methodology but the way I do it is...as long as the support 3670 holds, it is still uptrend/// however, if this level of support is broken, then a reversal is said to happen... observe closely 3670 support level and the 3800 resistance level... if the 3800-resistance is reversed, then uptrend resumes... *plan your trade and trade your plan... gud luck* highest resistance : 4334 - 4486 (high in 2008) higher resistance : 3890 - 3967 (high in 2011) current resistance : 3775-3800 support : 3670 critical 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 : 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