FCPO TRADING : 137) the last day of the fcpo-octhi, this is haidojo trading and the number is 137...
see what is going on the next week...if the price will retest higher level at 2780-2810 the "head" and "left-shoulder"...
or retraces back to the "neckline" at 2560 - 2605...
resistance : 2780-2810
immediate resistance : 2710
lower support : 2560-2605 the possible neckline for "head-and-shoulder"
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO1!
FKLI TRADING : 136) still in downtrendthis is trade 136 frm haidojo trading...
frm my previous analysis, I am absolutely surprised...the speed was real but the rebound wasn't...
fkli-aug didn't reach 1585 but "kostan"/reverses at 1577...the closest high...so the strategy is still short on rebound...
higher resistance : 1616-1623 (recent high)
resistance : 1577-1585 (reversal to bull)
current support : 1560
lower support : 1540-1547(continue to bear)
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING : 135) RETESTING THE BULL/BEAR 1585 SOONthis is trade 135 frm haidojo trading...
we are closing back to the 1585 resistance which is also the determinant of bull/bear critical point...look at the speed, fkli-aug definitely could challenge the previous high...
higher resistance : 1616-1623 (recent high)
resistance : 1585 (reversal to bull)
current support : 1560
lower support : 1540-1547(continue to bear)
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 134) DEJA VU' feeling? hi, this is haidojo trading and the number is 134...today fcpo-oct gives us a sense of deja vu' feeling...with the consolidation still in the process...
exchange date on 16th of the month...in which the contract will end tmr...so watch out those swing traders...not much movement in fcpo-oct
today...except of a huge gap-up...and sideway...
resistance : 2780-2810
support : 2710
lower support : 2560-2605 the possible neckline for "head-and-shoulder"
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING : 133) this is trade 133 frm haidojo trading...
the current low of 1547/or the impulse leg A has been violated...so both advanced patterns are no longer valid...
In term of price-action, 1560 has turned frm support-to-resistance...but formation of lower-low at 1540 is too close to the previous one...
from the past experience, this might indicate a possible reversal to the upside...but it is too early to say...we must look closely to the range
of 1585 and the new low 1540...any breakout of this range will tell us the direction of the market...
resistance : 1585 (reversal to bull)
immediate resistance : 1560
current support : 1540-1547(continue to bear)
lower support : 1512-1520 green box and bullish cypher pattern
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 132) SIDEWAY MARKET with higher-lowthis is 132 frm haidojo trading...the gap of "lone island" is not yet filled, neither higher-high nor lower-low is formed...
so no confirmation of trend, then it is a sideway market...2630 support still hold...gap down go up today indicating the end to temporary selling pressure...long-term still in uptrend, mid-term trend becomes blurry...if you trade consolidation trades like advanced patterns, now is the time you are going to flourish, but if you trade trending, then this is the time you either stay away or... wait...
resistance : 2700-2725
support : 2670 -2630
lower support : 2560 (now the critical indicator for bull/bear)
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
Aug12 - FCPO (1D) - Sideways Box, Imminent Test ~260x...Weakening momentum finally coming into effect. 🐻
First close below UTL-L1 since July, potentially find L2, which resides near S1: ~260x
Sideway box between 2600-2800 thus far, if S1 fails, look for next support zone, S2.
Major Levels to Watch: ⚠️
R2: 276x-8x
R1: 270x-2x
S1: ~260x
S2: ~250x
My latest mobile updates available on TeL egr am ;)
Happy Hunting! 🚀🚀
-JK- MyTradingSpace
FKLI TRADING : 131) TWO POSSIBLE ADVANCED PATTERNSthis is trade 131 frm haidojo trading...
the bearish bat pattern is no longer valid...2 new patterns possible formed...
1) a possible bearish gartley pattern with D leg formation range frm 1596-1605...
2) a bearish bat pattern with possible D leg formation at 1614-1625...
higher resistance : 1596- 1605 red box and bearish gartley pattern
current resistance : 1585
current support : 1547-1560
lower support : 1512-1520 green box and bullish cypher pattern
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 130) new movement after the 10th of the monththis is 130 frm haidojo trading...after the 10th of the month, the real price action has become more obvious...
a possible formation of "HEAD" when both gaps were found >>> gap up >>> then to the higher point >> gap down...
leaving the "lone island" or the head...
resistance : 2700-2725
support : 2670 -2630
lower support : 2560 (now the critical indicator for bull/bear)
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING : 129) still in the bracket 1605 - 1512this is trade 129 frm haidojo trading...
- the bearish bat pattern is somehow still valid..with range to short frm 1597-1605...SL a few points abv 1605...1st tp 1587,
2nd tp 1560
the tighter range is 1585 - 1560...and the TREND is still DOWNTREND...short on rebound is still valid...
higher resistance : 1598- 1605 red box and bearish bat pattern
current resistance : 1585
current support : 1547-1560
lower support : 1512-1520 green box and bullish cypher pattern
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING : 124) BEARISH GARTLEY PATTERNthis is trade 124 frm haidojo trading...CLOSE ATTENTION to the :
- a possible bearish bat pattern formation in hourly chart...with range to short frm 1597-1605...SL a few points abv 1605...1st tp 1587,
2nd tp 1560
fkli-aug closing close to the 1585 resistance level tdy...
resistance : 1585- 1605 (the red colored rectangle )
support : 1547-1560
lower support : 1512-1520
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 128) bearish gartley pattern has been invalidatedthis is 128 frm haidojo trading...as the price-action presented, leg A has been violated and now the bearish gartley pattern is no longer valid...
according to my thumb-of-rule, reversal is not confirmed yet...however, as 10th of the month has past(exactly today), the real trend/movement should begin soon...
resistance : 2790-2810
current support : 2720-2725
support : 2670 -2630
lower support : 2560 (now the critical indicator for bull/bear)
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 127) a counter-trend bearish gartleythis is 127 frm haidojo trading...FCPO-OCT is showing a sign of sideway market...with the latest consolidation, it normally breeds advanced patterns...now, it is possible to form a bearish gartley pattern...short position ranging frm 2787-2810...SL a few points abv that...1st TP 2720,
2nd tp 2670...
resistance : 2790-2810
current support : 2720-2725
support : 2670 -2630
lower support : 2560 (now the critical indicator for bull/bear)
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 123) sideway market persists this is 123 frm haidojo trading...FCPO-OCT is showing a sign of sideway market...with new support level formed at 2720...
we need to wait for breakout abv 2810 or the immediate support at 2720 to have a confirmation...
resistance : 2790-2806
current support : 2720
support : 2670 -2630
lower support : 2560 (now the critical indicator for bull/bear)
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 122) possible halt to the bullthis is 122 frm haidojo trading...fcpo-oct has a double top formation in daily chart...trend is not able to identify yet...bull stops when the critical support at 2560 is broken...now possible sideway or slowly sliding upside...
resistance : 2790-2806
current support : 2670 - 2630
lower support : 2560 (now the critical indicator for bull/bear)
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING : 121) bracketing the market with advanced patternthis is trade 121 frm haidojo trading...2 messages here tdy...
1) a possible bearish bat pattern formation in hourly chart...with range to short frm 1597-1605...SL a few points abv 1605...1st tp 1587,
2nd tp 1560
2) lower level we have long-awaited bullish cypher pattern ranging frm 1512-1520...SL a few points below the 1500...1st tp 1560,
2nd tp 1587...
with these 2 possible advanced patterns, we successfully bracketing the market within the range of 1605 - 1500...and make a simple
call-to-action plan...
resistance : 1585- 1605 (the red colored rectangle )
support : 1547-1560
lower support : 1512-1520
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!
**your "LIKE" and "FOLLOW " are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING : 120) still short on rebound120 is the number and this is haidojo trading. downtrend is confirmed...short on rebound...fkli-aug hit the support 1560, slided a bit lower to 1547, then a rebound...the market is still bias to the downside...so short on rebound is a higher probability trade...
resistance : 1585- 1605 (the red colored rectangle)
support : 1547-1560
lower support : 1512-1520
advanced pattern bullish cypher pattern with D leg completion in the range of 1512-1520...SL could be set below 1500...
this is a counter-trend trade...so if you never tested this, stay away...
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 119) need further confirmation trend-reversalthis is 119 frm haidojo trading...fcpo price has broken the previous high of 2790 and created a new structure high tdy...
BUT...doesn't look right in daily chart...so need further confirmation...now it is either sideway or sliding to the upside slowly...
higher resistance : 2860-2900
resistance : 2760-2790
current support : 2670 - 2630
lower support : 2560
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 116) retest 2760 and failed...SHORT WHEN REBOUND UNTIL 2790 HIGH IS BROKEN...
higher resistance : 2860-2900
resistance : 2760-2790
current support : 2670 - 2630
lower support : 2560
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING : 115) new structure low is formed, SHORT115 is the number and this is haidojo trading. downtrend is confirmed...short on rebound...1587 is broken, now it has become resistance level...
resistance : 1587- 1592
support : 1560
lower support : 1520 - 1512
advanced pattern bullish cypher pattern with D leg completion in the range of 1520-1512...SL could be set below 1500...
this is a counter-trend trade...so if you never tested this, stay away...
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
Aug03 - CPO (Monthly) - Long-term Wave Count, Elliott WXYDecided to check on the long-term big picture, following CPO recent strong up-move towards 2800 area (again!).
---- marked: grey zone
2600-2800 zone is kinda midpoint to the decade-long correctional pattern following '08'09 subprime crash.
A fib plot of the sharp plunge, shows each levels coincides well with CPO major support & resistance zone.
As of now, its clearly a horizontal correction on monthly/weekly charts,
potential Elliott Double-Three, WXY wave pattern.
I've produced 2 possible counts, as we are nearing completion/already complete WXY.
Main Count (orange): currently "Y" wave within WXY Correction, wave 'd' within Elliott Triangle -abcde-
Alternate Count (blue): completion of Elliott Triangle -abcde- & WXY Correction in May2020; current bounce = potential Impulse Wave (1)
Leaning towards main count, which suggest yet another test on the infamous 19xx-2000 MAJOR support area,
before we finally bounce into a new CPO Bull Cycle, by late'2020 or early'2021. 📈📈
Fundamentally, we can relate this long-term bullishness to the dwindling global food supply as agricultural lands rapidly disappear,
-- either gave way to housing/infrastructure, due to pollution, or desertation due to climate change. 🙈🙉🙊
I shall update this count by end-Q3, 2020 -- we shall then see whether we are indeed in a new CPO bull cycle. 🐮🐮
Meanwhile, I'll keep to sideways operation mode :p
Happy Hunting! 🚀🚀
-JK- MyTradingSpace
FKLI TRADING : 112) 1616-1620 STRUCTURE STILL HOLDWAITING FOR overhead resistance : 1616 1-620 TO BE BROKEN....
higher resistance : 1640
critical and strong support : 1587
lower support : 1560 -1564
PS : if a breakout abv the 1620 happens, then the advanced pattern becomes invalid...
WARNING : this is juz a trading idea... thr is no indication of buying nor selling...this is juz my personal trading journal, trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**