Malaysia
Palm Oil and End of Commodity Bear Market?Palm Oil just gave its best ever performances since 2012 or since 2007.
Remember 2007 was the peak of Commodity Boom in the 2000.
The questions, is Palm Oil telling us something about the future?
You don't dismiss a big green candle especially if its a Quarterly candle. That's what we are witnessing for 2019 Q4.
A rally in Palm Oil may be beneficial for Malaysian economy since Malaysia still depends hugely on Palm Oil and commodity, and that may also be the reasons why FBMKLCI may has already bottom and may poised to go to all time high in the next few years.
Everything is interconnected, we are living in a global economy.
One can not analyze a market in isolation and of course I don't analyze a market in isolation, but the whole commodity space is a very interesting and showing some interesting sign.
While everyone keep preaching and calling for market to crash, there is always plenty of opportunities available in the financial market. And the greatest gains are being made from looking at long term trend and inflection points.
Unfortunately, majority of people especially in this website are short term traders, whatever, I don't care and I am not here to sell anything.
I am more like a troll because I am contrarian to whatever everyone is doing here but I don't care because if you are able to constantly your wealth, it is more than good enough.
Plenty of reasons for commodity to bottom and go up, weather and climate change may cause drought, so prices will spike. Small players may likely die but the major player will survive.
Regards.
Malaysia Best Performing Stock Since 2013 (Pentamaster)Malaysia best performing stock since 2013, Pentamaster, a 50x gain in 7 years.
But most people didn't make this amount of money because most people don't have proper education in the stock market.
They are TOO FEARFUL of investing because of the fear of market crash and recession, which is understandable.
However, when something goes up 5000% in 7 years, they are plenty of opportunities to make money here and there.
And the only reasons someone will be able to make some money from this stock is because that person is being objective rather than subject themselves from bias and noises.
Consider this, Pentamaster is a Semiconductor Equipment company, making automated machine, sounds boring.
But looking at data and facts, we know that:
1. Semiconductor and Nasdaq begins their bull market in 2013.
2. The rise of Artificial Intelligence with the boom in Nvidia stock sometime around 2015/2016.
3. The continue rise and growth in fundamentals of semiconductor stocks since 2013.
Given that this stock is in the same INDUSTRY and SECTOR as something that is performing the best for the past 7 years, why it will not do the best?
Heck, this is one of hundreds of stocks that have performed well for the past few years.
In the Malaysian market alone, we had Inari Amerton that did 10-20x in 2013/2014, we had Globetronics that did the same, we had JHM Consolidation that did at least 20x in 2016 and 2017. We had Vitrox, we had Frontken, and we had some other companies that are doing well recently.
So, now, looking back, it seems obvious, but majority of people will miss out on big gains because they don't understand how market works.
They keep listening to the media, not doing any homework to understand the industry in and out and most people are LAZY, that's why they just wants to look at a chart and one indicator and wants to make 100% in one day, which is sheer stupidity.
Like I said before, I will CONTINUE to ride this trend up because this trend is not ending up anytime soon.
And the best way to make money in this kind of market is to have some exposure and and some understanding for the fundamentals behind these companies, which is BEYOND TECHNICAL ANALYSIS. I have been bullish on the whole space since 2016 and 2017 and continue to bullish DESPITE the correction in 2018 and that has paid off well.
I will continue to ride all of these stocks up until the MAJOR PEAK of this cycle and that's when it times to be CAUTIOUS and FEARFUL, as Warren Buffett points out, be FEARFUL when people are GREEDY.
Greedy is defined as media being optimistic and optimistically bullish on the whole sector and industry.
Semiconductor will continue to do well for some time but for anyone who already 10-100x their money, it is always wise to take some profit off the table and put it somewhere.
But this cycle might be the last time we can make money easily before another LOST DECADE and BORING PROLONG BEAR market, which we don't want to see because it will be bad for humanities and everyone.
JFTECH breakoutGood looking breakout stocks put stop loss below the higher low and trail it to the moon.
FCPO Yearly Outlook - Sideways-Up Situation for 2019Hi Guys, as usual, start the year with annual outlook on FKLI & FCPO.
First try on video commenting, microphone volume was abit too low, just turn up your volume will do ;)
Hope you like it!
Happy Hunting & Happy 2019!
-jk-
EURJPY SHORT/SELLBM - Melihat kepada tempoh masa 4HR, corak hanging man sedang menunjukkan di trend ini masih di sebelah pendek. Masih tiada pelarian dari trendline saya tetapi ia menyentuh garisan arah aliran saya dan membalikkan berundur. Ia kelihatan seperti ada akan menjadi satu lagi (Swing Trade) untuk sebelah pendek. Juga RSI menuju bawah
ENG - Looking at 4hr timeframe, a hanging man pattern to appear which shows the trend is still on the short side. There is still no breakout from my trendline but it did touch my trendline and reverses back down. It looks like there's gonna be another (Swing Trade) for the short side. Also, the RSI is heading the bottom where the trade is gonna be at.
MEDIA BUY/LONGBUY Call saham ini yang mempunyai pelepasan diri. Melihat carta ada berlaku retracement tetapi setakat ini RSI masih dalam fasa yang stabil. Berikut adalah R1 dan S1 dalam gambar
ECOWLD BUY/LONGIni adalah apa yang anda memanggil saham pancingan dasar (Bottom Fishing) dengan pelarian trend yang sempurna. masa yang sesuai untuk mendapatkan dalam saham ini kerana nisbah Risiko dan Ganjaran yang baik. Sesiapa yang mendapat sekurang-0,640 / 0,650 anda (S1) pada 0,630 dan (S2) adalah pada 6.40 (RS1) 0,730
JTIASA LONGDapat masuk dalam di 0.700 dengan pelarian palsu (false retracement breakout). JTIASA mungkin akan pergi lebih tinggi daripada lilin hari ini kerana retracement yang berlaku dua hari lepas yang meninggalkan garis sokongan baru pada 0,835. Seterusnya (RS1) 0,895 tetapi perlu diingat pasal trailing stop
GBPCADLooking at the 4hr timeframe theres a short signal shown. If you look at the RSI which is at the overbought value indicating that it has reach its limit and the MACD is crossing below its previous days high. Putting my entery at 1.73788 , (RS1) 1.73217 and (S1) 74767
Newly listed GREATEC seems possible to meet Decembull season Greatec is one of newly listed company in Bursa Malaysia 2019
Trending looks forming Low High followed by LH and HH.
Breaking of from rectangular pattern in daily chart then box pattern in weekly chart, it seem possible for the price go higher.
But, there’s always a possibility that it reach MA20 IF failed to maintain above the box.
All the best and keep in touch
TAYOR well investors and traders
Weekly Bearish Bias (until invalidated) - AUDNZDChart self-explanatory
Risk event :
Australia - Retail Sales 8.30am (Singapore/Malaysia time)
New Zealand - None
EURUSD - Anticipating another pushThe weekly and monthly upside projections have been reached. Price very often would start to retrace at this point hence that is what I am anticipating. I am bullish of the EURUSD hence I am looking to buy the dip at these liquidity pools I have identified on the chart.
Sometimes, after hitting range projections, the price also can go sideline for a period of time and continuing the trend. I hope not because I want to get on to this bullish train but I don't want to chase the price either (hence waiting for pullbacks).
If the institutions want to keep loading their dollar shorts/euro longs, a pullback indeed a necessary procedure to get more bullish liquidity by consuming sell orders in the downside. In over 13 brokers, the aggregate ratio between long and short for the EURUSD is 70:30. 70 for shorts, 30 for longs.
There are no economic data for both Euro and U.S, but there is a brexit risk and U.S China Trade talk PLUS there is the EU Summit going on right now.
GBPJPY to short?If it goes close and goes beyond the "RED" area, I will not enter any position. If the daily momentum & CS make a reversal, I will short through next week. Looking at 6000++ points out of this pair. Good luck.
Strait Times Index PlanI know there are a lot of levels I look for bullish liquidity there. It is only because the market presented me with a lot of levels to "play" with.
I am technically bullish on the Singapore Dollar (SGD) in spite of the recent easing policy of the currency. There is a positive correlation between the SGD and the STI it seems at the moment hence I am looking to speculate this index to move to the upside.
I am looking for business at one of these levels I have marked on the chart
Brexit "optimism"I am not a huge fan of trading the sterling solely on technical analysis. Not with Brexit development causing price fluctuations from time to time. I always prefer (tho not exclusively necessary) trading any currency while having an objective picture (market sentiment) of the market involving the currency I want to buy or sell.
I might be late to the party (buying sterling on Brexit optimism) I have a solid belief of what the mood of the market is regarding the sterling at the moment.. that is cautious optimism and not fully priced in.
I am cautiously bullish on sterling just purely based on short term market sentiment.
A price correction is anticipated however that weekly and monthly upside projection have been hit and exceeded. I will only look for business at the levels I have marked on the chart (looking for the bear trap).
Risk event for sterling is CPI y/y number however I doubt it will cause a significant spike. Another risk for this plan are :
a) Range have been exceeded, institutional profit taking is likely
b) negative brexit news
