FCPO TRADING : 109) REVERSAL IS CONFIRMED...?this is the 109 trade frm haidojo trading...another important support - 2625 is broken! according to my thumb-of-rules, this is a confirmation shift of trend...it has as high as 70% accuracy...so wat say u...? uptrend persists? confirmation shift-of-trend...? welcome to leave ur message in the comment column below...
My strategy has changed frm long when retrace to short when rebound...the resistance level shall be watched...
overhead resistance : 2625-2630
higher resistance : 2670-2700
current support : 2574-2560
lower support : 2474
FCPO1!
FKLI TRADING : 108) Sliding slowly to 1560 to 1512this is trade 108) frm haidojo trading...fkli-july will end in few more days...so trade with caution and don't hold too long for swing trade...
we anticipate the price to slide down to 1560 and 1512...now the support level at 1587 is going to break anytime soon...if it happens to break down lower to 1512, then we shall see if the counter-trend trade, bullish cypher pattern is making its way back or not...? finger cross...
support : 1560
lower support : 1512
awaiting bullish cypher pattern and also breakout pattern on the way...
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**
FCPO TRADING : 107) BEARISH ENGULFING IN DAILY CHARThi, this is haidojo trading and trade 107)...as bearish engulfing candle has been formed in daily chart and 2 support levels have been broken down, we need to be cautious and consider a possible reversal has happened...Although according to my rules, we are still in uptrend, but thing has gone a bit ugly now...supports such as 2760 and 2700 have been broken...if u still persist on long, wait for the 2625-2630 level...
strong resistance : 2760 -2773 avg MEAN in past 10yrs
overhead resistance : 2700
support level : 2625-2630
lower support level : 2574-2560
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING :106) sideway market for the past 9-10 dayshi, this is trade 106 frm haidojo trading...fkli has presented a pretty boring sideway market for +- 10days...if you trade a "box" tunnel, so this is the time when your winners are going to flourish...but if you trade a breakout pattern like I do...haiz, B...O...R...I...N...G...
so awaiting either of the support level side 1587 or the resistance level 1616-1620 to be broken...according to what has happened recently, it is likely that klci will slip down slowly...but...who knows...???
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**
FCPO TRADING :105) BULL is in chargethis is 105) trade frm haidojo trading...bear has loosened its grip and bull is celebrating its triumph this time...2760 resistance level has been broken and now turn into new support level...as you can see frm daily chart, new resistance level has been inched up higher to challenge 2830 and 2900...according to the past experience, once the price has past the average mean price for the past 10yrs, WHICH IS AT 2773 ...things are going to speed up...
higher resistance : 2830...till 2900 (psychological number)
current support : 2773 the AVG MEAN for the past 10yrs, or so...
lower support : 2760...
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FKLI TRADING : 102) SURPRISE, SURPRISE...market is full of funpost-100 trades are here...! this is 102 frm haidojo trading...fkli-july has stunned us with a sudden reverse/ "kostan" and back on uptrend...
that's why reversal of trend has to be taken cautiously...and systematically...
price has moved way above the A leg therefore deep bullish gartley pattern is no longer valid...yeah, that's rite...expiry date
support at 1587 still holds and resistance 1616-1620 will be retested again...see what happen next...
this is the trilogy frm trade 93) which also the end of it...shall have new episode soon...
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**
FCPO TRADING : 101) BULLISH MOMENTUMthis is 101) trade frm haidojo trading...as you can see, the bullish sentiment still strong and likely to break higher to test resistance at 2760 soon...
overhead resistance : 2690-2710
higher resistance : 2760...
support : 2625-2630...
lower support : 2560
PS : TRY TO MAKE DAILY UPDATES BUT SOMETIMES DUTY CALLS, HOPE YOU GUYS CAN UNDERSTAND...IF THR IS NO UPDATE,
THEN MOST PROBABLY...1) I am sick, or dead...2) there is nothing new in the market...sometimes, sideway market is boring...
MANY MANY THX>>>>
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
uptrend continues...fkli-julyas we witnessed some breakout abv the previous high of 1587...now it is likely that the market is going to retest 1620-40...
current support : 1587-90...
psychological resistance/current resistance : 1600
higher resistance : 1620 -1640...
market has a bias towards the upside...therefore trend-continuation trade might have better winning percentage...
plan your trade and trade your plan...
WARNING : this is juz for reference and not any kind of hint indicating buying or selling preference...
sideway market before the 10th...fpcoso it is still a boring sideway market...higher resistance : 2474...
current resistance : 2430...
critical support level : 2300...
watch out for the important levels...
gud luck and gud trading...
**PS : normally, fcpo market is volatile or indecisive when it is near to the 10th every month...awaiting for report frm mpob...
does this look like an alien to you? Does that figure/pattern look familiar to you...? does it appear like some sort of alien shape to u or juz another common pattern known as "inverted head-and-shoulder" pattern...I found out that this pattern are quite popular amongst fcpo reversal patterns/signals...other than Double Bottom...normally you look for this at near bottom for a possible reversal signal...
anyway, I totally missed this...so tis is the kind of mistake you anticipate when you trade pattern, as sometimes the "eyes" are not capturing those meaningful patterns...so I had better stick back into resistance level- current 2420... a breakout might retest 2475... a critical resistance or the "head" formation of a possible larger "head-and-shoudler" pattern...pls refer back to my previous episode if you feel lost...
that's all for today...many thx
if you like this kinda trading idea, pliz like and follow...
WARNING : any ideas in this section should not be perceived as hint for BUYING or SELLING, trade at your own risk...
fkli has come to a decision point finally fkli has come to a decision point/critical point, where it will break higher to retest 1620...or move back lower to 1560 support level...
this is the resistance level of 1587-1594 which it has retested multiple times in the past...
so watch out for breakout...! IF break higher, long...IF breaks lower, short...
current resistance : 1587-1595...
support : 1560
critical support : 1480 - 1500
this is juz my trading journal and idea, trade at your own risk...
gud luck and gud trading, pliz like and share....if you like my ideas, plz follow to get updates...
still in consolidation of "head-and-shoulder" patternthis is a continuation of the previous analyst...the formation of "head-and-shoulder" is still in making...nothg much to expect...onli 2 points :
resistance : 2474-2480....
breakout frm this one to form New Structure High indicates movement to the upside...
support : 2300 or the "Neckline"...
going lower than this point indicates movement to the downside...
lower level support at 2200 - 2250...
other than that, playing within the range might spark some real risk...gudluck and gud trade...
sideway move after a few days of strong upside -fkli july-for those who have followed me for the last 2 episodes of fkli predictions, I hope you guys have made some profit..If you haven't dun wori, the market is alwaz thr...A BIGGER question is " Are you ready?" ...as the saying goes, "opportunities await for those who are well-prepared"...
-after witnessing a strong rally uptrend which started last week, finally we see some softening down today...it could be juz a "knee-jerk" reaction of the traders taking profits after some time, or a real reversal has happened...anyhow, reversal is too early to say...
current resistance : same as the peak on 9-11th June 2020, 1580-1587...
lower support : 1540
strong support : 1480 -1500
if you haven't read my last 2 episodes of fkli, pliz check the links below ...
gud luck and gud trading folks...
FCPO TRADING : 97) BULL TRAP = FALSE BREAKOUTHI, this is haidojo trading in trade 97)...juz little update connecting the mid-day...as long as the support level at 2625 is not broken, uptrend persists...but what had happened early in the morning was something typical, yeah...it is called a false breakout...if you trade breakout, then this is somethg u shall pay attention to, if not, juz remember losing is part of the games..."market has the tendency to do whatever it wants, whenever it wants"...we as a trader can onli pick up the time when we have some edge over the market...that's all...
overhead resistance : 2690-2700 (psychological number)
higher resistance : 2760...
support : 2625-2630...
lower support : 2560
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
July22 - CPO (1H) - Weakening Momentum, Sideways-to-Up SituationStrong rally, as price continues to break higher, momentum has been weakening since July15.
Thus, may see some sideways consolidation ahead, before market decides its next major move.
At the moment, still early to set the boundaries for potential sideways move ahead,
For now, potential range between 260x-270x, or wider, will update as price develops. :)
Happy Hunting! 🚀🚀
-JK- MyTradingSpace
FCPO TRADING : 96) mid-day update, bullish sentiment remainsthis is juz a brief update...trade 96) frm haidojo trading...a break abv 2690 has proven that bull is still intact...bullish sentiment remains...
resistance : 2760
support : 2690-2700
lower support : 2625-2630
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
FCPO TRADING : 94) POSSIBLE FORMATION OF "HEAD"
hi, this is trade 94) frm haidojo trading...ok, this is not the common head in "head-and-shoulder" pattern...but it is the "head" in a trend...
at least temporary reversal of trend...but in order to confirm a reversal, it has to form some kinda gap down...or hovering in tight range for at least another day...another thing is, 2 things happened today...1) the resistance 2691 is hit today (yes, look at the pinbar)
2) support region, 2626-2630 is tested today...
in order to reverse the bearish sign, the resistance 2690 has to be broken to confirm the continuation of uptrend...
higher resistance : 2690-2700
current support : 2625-2630...
lower support : 2565-2575
critical support : 2517 -2520
market might have come to a resistance level and likely to have reversed...
PS : I forget to put in the chart, thr is a bearish divergence in the chart...sori...
WARNING : this is juz a trading idea...trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
top 20 jewel series of malaysia stocks : AME elite consortiumtop 20 jewels frm a very popular local bank...
fundamental : I don't know...
technical : let's look at some price action...
AME is newly listed in 2019, not quite much movement yet...basically, it is in sideway trend...now it has come to a critical level at RM1.70 support level and has been hanging there since May...lingering abt 1-2months...if the support level holds, then it shall retest the previous high at RM1.90-2.00."The Big Fall" in mid March this yr sent it to the new low at psychological level at RM1.00...
current support : RM1.70
lower support : RM1.30
strong support : RM1.00
resistance : RM 1.90-2.00
waiting to see if the current support RM1.70 actually holds or not...risk-takers can buy little bit here...and set SL abt RM0.10 below it...
risking RM0.10 to gain a possible RM0.20-0.30 seems to be a gud risk reward...
WARNING : this is juz a trading idea...trade at your own risk!
plz like and share...
a higher chance of long position fkli julyas you can see, the purple line indicates an uptrend going on...
current support : 1540
1st tp 1560
2nd tp 1580-84
SL : somewhere around 5-10pts below the support level of 1540...depends on ur account size...
**this is juz a trading idea, dun trade it if it is not part of your plan...trade at your own risk
if you like this content, pliz like and share...leave a comment is fine too...
trading a possible formation of "head-and-shoulder" patternthis is a fcpo trading
we can actually use the structure formation to involve in our trading...for this example, we can use the formation of the right shoulder as a structure level to short the market...the neckline is possible to be formed at 2300, the psychological and strong support level...a breakout of this level will mark a turn to the downside...
resistance : 2367-2400
support level : 2300
this is juz a trading idea, trade at your own risk...
pliz like and share...
reminiscence of the previous chapter - fcpo tradingafter the retest of 2420 as earlier predicted, the price dropped back to 2300 and a small rebound occurred...now is the formation of "head-and-shoulder" pattern and a possible boring sideway market again...until some of the important levels are broken...either to the upside or downside...this is fcpo-sept...
currect support : 2300
current resistance : 2367 - 2420; this is the range where possible of a right shoulder is formed
higher resistance : 2470-2474 ; the formation of the head....
pls share and like