HAIDOJO_trading

HAIDOJO_trading

if you look at the chart, the price has fallen below the previous low and has made a new low...BUT... strange thing normally happen on the day b4/after the exchange date, which fall on the 16th every month... for new fcpo traders, you might wanna take notes on this...If you are a seasoned trader, most probably you already noticed this... SO let's see what happen ...

HAIDOJO_trading

A super HUGE, red candle today in daily chart...what say you now? what will happen on monday? upside or downside? PLS FEEL FREE TO LEAVE YOUR COMMENT OR OPINION...

HAIDOJO_trading

this is the range frm which the market is trading in sideway...as 13th Dec 2019 is the last day for trading before the exchange date on 16th every month, many surprises (gap up or gap down) might come forward on 16th Dec next monday... so if you have certain rules for trading, and a gud, solid trading plan, use it wisely during these exchange date fiasco. If you...

HAIDOJO_trading

Although if i go with my feelings, i would have short the market right now...but if you are a rule-based trader, you have to set rules for trading short and long...on trend or not on trend...if the price breaks higher, it will retest 2017-high range frm 3018-3190...next picture so let's bracket the market...

HAIDOJO_trading

fcpo has come to yet another decision point, this is the previous high level... IF it breaks abv 2783 and makes higher high, THEN LONG IF it breaks lower than 2650, THEN wait for SHORT opportunity... IF the price neither breaks abv the previous high and forms new structure high nor breaks below the crucial support and forms new structure low, DO ABSOLUTELY...

HAIDOJO_trading

personally I think this is a breakout frm the possible "head-and-shoulder" pattern. I would wait for the pullback to near 2705, resistance-turn-support level to get a better risk reward. ATR at hourly chart is 27-pts, so you can set a SL 27pts frm 2705, while tp at the highest close in hourly chart...around 2750...so you will get a close to 1 : 2 risk reward. that...

HAIDOJO_trading

a possible "head-and-shoulder" pattern but need to break below the "neckline" 2640 first for confirmation

HAIDOJO_trading

expecting a breakout to the upside to meet next level at 2830-2850

HAIDOJO_trading

closing to 2700 resistance, awaiting for breakout...

HAIDOJO_trading

as for today, price still breaks out to the upside to continue its bullish trend...RSI has been OB(overbought) for some time now, but no sign of stopping...wait for 2700 resistance or retracement to lower level...

HAIDOJO_trading

now the price has arrived to a critical point where it will choose to breakout either to the upside or downside. Breaking to the upside continues its current bullish trend while breaking to the downside might signal a reversal...long IF it breaks to the upside and short IF it breaks to the downside... welcome to leave your comment about this... WARNING :...

HAIDOJO_trading

watch out for trend-continuation trade for fkli-nov

HAIDOJO_trading

fcpo-jan shows DT formation in hourly chart

HAIDOJO_trading

again, a possible counter-trend trade when price retested 2600 and fails...risk reward is gud...

HAIDOJO_trading

first structural support at 2450 and 382-618 range support at 2337...

HAIDOJO_trading

A possible counter-trend trade if retest of 2500-2515 fails...1st tp at 2425...and 2nd tp at 2360...SL is 1 ATR of hourly chart abv the high-2515, this is juz an idea, PLS DON'T TRADE with REAL money... I don't responsible for any loss of money and trading futures is a high-risk investment...pls consult your financial advisor first...

HAIDOJO_trading

a possible buying opportunity near range of 2330-2360...structure support level and fibonaci retracement...of course, it is too early to say...

HAIDOJO_trading

this is probably a one-ratio-one symmetrical trade right at 1500, with structure resistance...pushing higher will retest 2650-2700...