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FKLI1!

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
May17: FKLI (Weekly) - Sideways-Down <R1 @161x-3x 📉🐻Momentum turn from neutral to slight weakness... Major Support at 150x-3x still holds , albeit weekly close below ema100 (~158x area) ❇️ Fundamentals: Market sentiment likely dragged down by deteriorating COVID situations, both nationwide & worldwide. Q2 GDP figure unlikely to be favorable (despite mainstream media bullish projections) Commodities price spike + money printing: Inflationary pressure will continue to add to households burden & current economic woes. ❇️ Interested in initiating Positional Shorts on FKLI should: 1) Upon failing of S1 zone, 2) COVID worsen, 3) Tightening on MCO3.0 SOP Happy Hunting! Stay Safe! ⭐️ -JK-
MYX:FKLI1!
by jeanne_k
FCPO TRADING : 258) sudden reverse to the downsidethis is haidojo and the number is 258 ... juz as bull seems like coming back and all things look shiny and glittering, all of sudden today we had a 80-pts gap down and went down... at last, it closed at -160pts++ frm the previous day... so now market is going down, unless the resistance 3460 is reverse, then we might have otherwise... watch closely as the support 3167 which is also the latest low is breached or not...? if it is breached, then lower-low is going to happen and more downside will come... *plan your trade and trade your plan... gud luck* higher resistance : 3309 lower support : 3167-3170 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
4
FKLI TRADING : 256) downtrend persiststhis is trade 256 frm haidojo trading... today is the last day of fkli-jan...it closed lower at 1560-65...again, pop quiz frm previous trade... option 2 hits the situation and it sounds like this... 2)retest high ranging frm 1593-1604, but reverses lower than 1573, creating lower-low... quote frm earlier trade... and as predicted, it really hit higher back to 1604 before hitting 1573 and moves lower today...this prediction was a few days ago... so as for fkli-feb, my guess is going to continue down...as covid-19 sets on for record new-high, it will probably pull down stocks market alongside with fkli with it...normally, I dun do fundamental analysis but this one is hard to ignore... *plan your trade and trade your plan... gud luck* resistance : 1578 immediate support : 1560 lower support : 1545-1550 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*
MYX:FKLI1!Short
by HAIDOJO_trading
4
FKLI TRADING : 253) downtrend this is trade 253 frm haidojo trading... today fkli-jan has come to 1573-low again...so, it seems like option 1 hits the right track... 1) price moves lower and hits lower than 1573, then downtrend... ...quote frm earlier trade 252)... if you haven't watched it, you could look at it at the link at the bottom... a few scenarios to think about, in the next episode: 1) nose-dive drop frm current price to 1550-1545, next level of support 2)retest high ranging frm 1593-1604, but reverses lower than 1573, creating lower-low... 3) retest high ranging frm 1593-1604, but go sideway... 4) retest high ranging frm 1593-1604 and moves higher to 1615, going higher and higher... Personally, I am in favor of option 1) and option 2), since the market has turned back into downtrend...so now short on rebound is the best offer frm the market ... technical analyst basically is for predicting the future movement of the price so as we are able to trade them in our favor...hence, putting a few options allow us to prepare for the range of possibilities that might come out and preventing us frm being caught at surprise by market... *plan your trade and trade your plan... gud luck* resistance : 1615 immediate resistance : 1593-1604 immediate support : 1572-1580 lower support : 1545-1550 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*
MYX:FKLI1!Short
by HAIDOJO_trading
2