Get started

Fkli1

21) FKLI : reverse to bullishresumes frm 18), fkli-feb dropped down to slightly lower than the expected 1575, reaching low at 1572(1571.5 precisely), THEN a rebound on FRiday! A classic false breakout to the downside. A reversal is said to be formed when the price broke abv the previous lower-high at 1583 (the red marker) and closed at 1589.5 on FRiday, 21st Feb25. Now, bull is in charge. IF the market is aggressive to the upside, THEN it will retest 1595-1600. IF the market breaks above the strong resistance 1600, THEN it will go to the next level at 1613 and 1628. IF the market is slow-ish, THEN fkli-feb will hover from 1584-1588 immediate support till 1595. Deeper consolidation will touch range from 1585-1572. Price below 1572 indicate another round of bearish market appears. Since next week is the last week of February month, I will bet on "end-of-month bull rally". End of the month typically is a bull rally for fkli on some special months but most of the time it is just the last-day-of-the-month rally! PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
MYX:FKLI1!Long
by HAIDOJO_trading
20) FCPO : Bull might come to an end...or juz correction?update frm 19), Fcpo-May will continue next MOnday, 24-28th Feb 2025, the last week in month of February. What happened last week was fcpo-May made what seemed like a false breakout, 4700-4720, then quickly went down. The range of 4634-4700 is important for bull to stay afloat. Price breaking below 4634 indicates the possible reversal of trend. Price within 4634-4700 is bull...IF bull is aggressive, THEN it may gap up abv 4720 and higher. IF the market is mild drop, THEN it will range frm the 4555-4634 but it is still bearish. IF market falls below the 4500-4560, THEN the next level is pretty low at 4400-4300, THEN it is a strong bearish market. PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
MYX:FCPO1!
by HAIDOJO_trading
19) FCPO : uptrend resumes...???update frm 16), price frm fcpo-apr has come to an end. Fcpo-May will appear next MOnday, 17-21st Feb 2025. What happened last week was unpredicted. Price gapped up to 4640-4700 then sank lower to the 4630-4650 range. The next day, it gapped down 30pts to 4620 and fell to 4540, then rebound back to 4630... IF the market is aggressive drop, THEN it will hit the 4540-4490. IF market falls below the critical 4490(4487 to be precise) which is also the previous higher-low, THEN market has probably reverses. IF the market is slow-ish, THEN it will lower back to 4600-4540. IF the market continues bullish, price has to break abv 4600-4630, and retest the latest high at 4700. PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
MYX:FCPO1!
by HAIDOJO_trading
17) FKLI : uptrend continues...resumes frm 14), the previous Lower-high 1564 has been broken. NOw, fkli-feb has been creating more and more higher-low and higher-high till now, reaching 1590. IF the market is aggressive, THEN it will hit 1600-1613 and probably hit higher. IF the market is slow-ish, THEN watch out 1583-1588 support, where it is playing tug-of-war with bear. IF the market breaks lower than the previous higher-low at 1575, THEN market has reversed into bear. PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
MYX:FKLI1!Long
by HAIDOJO_trading
16) FCPO : uptrend resumes...update frm 15), price frm fcpo-apr has resumed to break to higher-high, above the previous 4400-4420, making the uptrend continues higher at 4600 now (close to). Previous resistance is now the support level, which is 4500-4540. The overhead resistance ranges frm 4630-4650. IF the market is aggressive(since fcpo-apr ends this week), THEN it will hit the 4630-4650 immediately and go further up. IF the market is slow-ish, THEN it will lower back to 4500-4540 and play some tug-of-war with bear but Bull is still the major preference. OR tangling between 4540 -4630 region. IF market falls below the critical 4490(4487 to be precise) which is also the previous higher-low, THEN market has probably reverses. That's all for tdy. Happy Thaipusam and hapi holiday. Happy hunting. PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
MYX:FCPO1!Long
by HAIDOJO_trading
13) FCPO : bull and bear are playing tug-of-warAs I continue frm the previous 11), I quoted that fcpo might test the 4280 soon. Well, this wasn't the case for last week, 20-24th Jan 2025. fcpo was trading within the range frm 4135 - 4280. Although price had fallen frm 21-23rd Jan, market has rebounded in the last minute, which was on the Friday, 24th...so it is possible that a reversal has happened. Price moving above 4280 will confirm a bullish comeback while price below 4135 indicates a bearish move that eventually hits 4100 and 4000. PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
MYX:FCPO1!Long
by HAIDOJO_trading
FKLI TRADING : 332) downtrend is likely persiststhis is number 332... As a summary of what had happened in the full-month August: what you are looking at was hourly chart in August for fkli-aug. FRm the beginning of the month till 17th Aug, index was moving in uptrend. After the mid-month, we had a huge drop frm 17th till 24th August which went frm 1530 all the way to 1465...frm thr, we had an "end-of-month rebound", which was very usual. The rebound merely hit 1509 and didn't go any further. This gave us a "Lower-High" formation and now we are waiting for "lower-low" formation which is a breakdown below the 1460 strong support. As for the fundamental part, one of the reason why we had a huge fall on 24th Aug 22 was based on Powell's speech on interest rate. Jerome Powell is the current Federal Reserve's chairman, and a lot of huge fund managers in the world have a mutual consensus, they all have a "follow-the-fed" strategy in trading. According to Powell, the interest is "still on the hike". Therefore it is expected to announce another round of interest hike in September. In that case, we could have expected another round of selling in September. so, short on rebound now. till the news come out, then we might have some counter-trend trades. higher resistance : 1520-1530 resistance : 1503-1510 lower support / : 1460-1465 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , crypto, commodities 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*
MYX:FKLI1!Short
by HAIDOJO_trading
FCPO TRADING : 330) bracketing market this is haidojo and the number is 330... First half of July month, it was a downtrend. Frm the low of 3500, it rebounded to the 1st high at 4080, then another round of selling to hit 3636-3700, another rebound came and hit higher at 4310 at the end of JUly, which is exactly the same high as the previous high at 4300...now, we wait for breakout of either side to confirm the trend...IF it breaks abv the high of 4300 and creates higher-high, THEN new uptrend has emerged. IF it falls below the current support of 3600-3700, THEN the price will fall further and recent rebound is a false alarm. **plan your trade and trade your plan... gud luck** resistance : 4240-4340 current support : 3500-3600 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , cryptos, warrants, CFDs, spreads, options 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 …this is not a signal service channel and DON'T TREAT IT LIKE ONE! TRADE AT YOUR OWN RISK!
MYX:FCPO1!
by HAIDOJO_trading
FKLI TRADING : 326) possible reversal signthis is number 326... 9th May 2022 was indeed a false alarm. So, back to our story in fkli both limits which are the 1480 --the low and 1612--the top are both not broken. so basically we are still in the box. Sideway, and our best strategy is still trading in the box strategy, which is short on resistance and long on support...the trending is actually a "no, no". the alphabets you saw on the diagram are "LH--NSL--ISH", stand for " Lower-High, New Structure Lower, and Initial Structure High...hence, it is a signal potential for a reversal. so I will look for a long position. Again, this is not a signal service channel and I am not giving any signal of buying nor selling. I am just saying that is what I am going to look for if I were to trade. As for the fundamental stuff, or for stocks, stay alert on news on when is the next GE going to take place and also the potential hike of interest rate to tackle the very high inflation. That's all folks. Happy hunting and stay safe. 2nd June 2022 higher resistance : 1612-1618 (highest resistance so far) resistance : 1570-1578 immediate support : 1547-48 lower support/critical support : 1527 / 1480 (1480 is the lowest support we had since Nov 2020) WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , crypto, commodities 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*
MYX:FKLI1!Long
by HAIDOJO_trading
2
KLCI Plunged by 2.01% With Support Hold at 1520Malaysia slumped despite US markets gains as the proposed one-off prosperity tax and weighed market sentiment. However, the valuation of the local market remained attractive despite the Prosperity Tax compared to regional peers. Market hit day low at 1523.5 and reached on the Major support level at 1520. Stochastic level near to Oversold level at 30.00. Pending for confirmation if market would rebound from the major support level or further declined to next Major Support level at 1500-1510?
MYX:FKLI1!Short
by happytrading96
KLCI what next after 33% affluent tax? 1/Nov/21KLCI future index is on its last leg to complete wave (E) ( Cyan /Light Blue).. The last leg of bullish contracting triangle correction. Price will rebound soon as price now close to :- 1) Volume Profile ( POC) ( Point of Control) at around 1517 AND 2) Daily Demand Zone (Cyan Rectangle Box).. 3) Dynamic cycle 4 ( cyan/light blue) reached soon 4) There is a selling Climax Signal from VSA ( Volume Spread Analysis ) on 4 hours Time Frame Chart ..
MYX:FKLI1!
by SteveTan
1