FCPO TRADING : 249) trend has reversed into fast-dropthis is haidojo and the number is 249 ...
As I has mentioned earlier in trade 247(go watch it if you haven't), critical support is at 3670, if it has been broken, then downtrend has arrived.
what I don't expect is a fast-dropping downtrend...I tot the transition will move frm "uptrend - sideway - downtrend"...
instead, what has happened is "fast uptrend --- fast downtrend" a 180 degree upside down turn which happens immediately...
two consecutive days with down more than 100pts...so, no counter-trend trade...
the best offer market is providing now is short on rebound...a friendly reminder : if you are new to the fcpo, and has never traded it before..
pliz, stay away...now is the fast-swing period...it is certainly not a gud news for newbies and the faint-hearted ones...
although I consistently hear the gurus out there urge their students/apprentices to "short it", " don't think, juz do it" ...
it is not recommended to do that...bcox after fast fall, we might have fast rebound...especially those deadly gaps...
Get a trading plan, test it, then stick to it...don't follow blindly what the gurus say, test it...verify it, make sure it is repeatable...
then only apply it...
*plan your trade and trade your plan... gud luck*
highest resistance : 3600
resistance : 3470
support : 3320-3470
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!
Malaysiafuturesmarket
FKLI TRADING : 248) option 3 + option1 this is trade 248 frm haidojo trading...
none of the situation stated in the previous trade 246) has really 100% occurred. More obviously, it is a combination of option 1 + option 3 ...
1) fkli-jan shoots up to test 1650 resistance; I dunno what is the reason, perhaps with mco announcement, the worst has gone?
3) after hovering at 1615 support level , price shoots a bit higher at 1632-1634 and forms a "V-shaped" Double-Top...THEN? more sideway...
-----quotation frm previous episode, if you haven't watched it, you could go tru it in the link below.
SO, what really has happened in the past few days? First, fkli-jan inches up higher to 1632-34, then sideway for a while before hitting higher at 1650...now, it is hovering at 1625-1635...what's next?
1) continuation of uptrend back to 1650. Then? sideway
2) continuation of uptrend back to 1650. Then? test higher at 1685-1700 the Dec 2020 high
3) slipped back to 1615 support but rebound immediately to 1650
4) slipped back to 1615 and goes lower to 1595-1580...(if the price breaks below 1580 then trend has reversed)
the analyst is not for impressing anyone, juz for fun...if it doesn't match anything on Monday, it only proves that I don't have any magical crystal ball...however, if thing turns out to match some of the analyst, pliz like, share or comment...
* plan your trade and trade your plan... gud luck
resistance : 1685-1700
immediate resistance : 1650
immediate support : 1625-1635
support : 1615
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 Q1 Outlook: Sideways Down to Major S-zone 144x-8x 🐻📉Technicals
Jan: Test major R @ 162x-4x 📈📉
Feb: Test major S1 or S2 🐻🐻
March: Test major S2 or S3 📈🐻
👇🏻 Prev idea on potential Dec2020 Top Formation
🔔 Q1 Risk Factor to Watch:
Covid, Reinstating/further extension of MCO, Political instability (Malaysia), US President transition, Geopolitical tension in Iran/Taiwan
I'm short bias for FKLI for Q1, looking to add to current position shorts shall Major R fails.
Happy Hunting! 🥂🚀
-jk-
FCPO Q1 Outlook: Sideways-Up to ATH 4.4k-4.8k 📈🐮Technicals
Major S: 3.6-3.7k (nearest support) ; 3.2-3.4k (prev consolidation range)
Major R: 3.8-3.9k ; 4-4.2k ; 4.4k (ATH) ; 4.8k (Weekly breakout projection)
👇🏻 Prev idea on potential CPO New Bull Cycle:
👇🏻 Dec Bullish Call on CPO:
🔔 Q1 Risk Factor to Watch:
Covid, Reinstating/further extension of MCO , Political instability (Malaysia), US President transition, US-China trade war (soybean oil deals), Geopolitical tension in Iran/Taiwan
I'm Long bias for FCPO in 1Q2021, looking to initiate Long positions shall Major S holds.
Happy Hunting! 🥂🚀
-jk-
FCPO TRADING : 247) a possible reversalthis is haidojo and the number is 247 ...
after consolidating for a few days, fcpo-march today evidently has a huge drop...
if you trade using other method, pliz use back ur own methodology but the way I do it is...as long as the support 3670 holds,
it is still uptrend///
however, if this level of support is broken, then a reversal is said to happen...
observe closely 3670 support level and the 3800 resistance level...
if the 3800-resistance is reversed, then uptrend resumes...
*plan your trade and trade your plan... gud luck*
highest resistance : 4334 - 4486 (high in 2008)
higher resistance : 3890 - 3967 (high in 2011)
current resistance : 3775-3800
support : 3670 critical
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!
FKLI TRADING : 246) option 3. fallback to previous support
this is trade 246 frm haidojo trading...
none of the situation stated in the previous trade 245) has really 100% occurred. Rather, something very close is option 3)...
3) lower a bit to 1625-1620, then sideway for a while but falls back to 1615......
-----quotation frm previous episode, if you haven't watched it, you could go tru it in the link below.
the analyst is not for impressing anyone, juz for fun...if it doesn't match anything tmr or wed, it only proves that I don't have any magical crystal ball...however, if thing turns out to match some of the analyst, pliz like, share or comment...haha...
these are a few scenarios to ponder about:
1) fkli-jan shoots up to test 1650 resistance; I dunno what is the reason, perhaps with mco announcement, the worst has gone?
2) after hovering at 1615 support level, price shoots a bit higher at 1632-1634 and forms a "V-shaped" Double-Top...THEN? rollover and falls...
3) after hovering at 1615 support level, price shoots a bit higher at 1632-1634 and forms a "V-shaped" Double-Top...THEN? more sideway...
4) gap down go down scenario or slowly slides below the 1615 support and rollover frm thr to test lower and lower price...
*plan your trade and trade your plan... gud luck
resistance : 1650- 1660
resistance-turn-support : 1615
lower support : 1578
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 : 245) party is not over yet! this is haidojo and the number is 245 ...
After playing sideway for 2 days, fcpo-march has formed new support level, lower level at 3660-3680, another one at 3775-3800...
but one more thing, next week is the last week before the exchange date, which happens every month on the 16th,
so the interest for trading fcpo might fall drastically and the inevitable boring and sideway movement will rule for the whole week...
if nothing goes wrong, the real movement would likely be visible after the week of exchange date...the closest is frm 18th - 22nd Jan 2021,
or most likely at the end of the month too...
another possible thing is a huge, violence move either to the upside or the downside (probably testing the max high and low in recent price)
then only followed by the real move after Xchange date/at the end of the month...
*plan your trade and trade your plan... gud luck*
higher resistance : 4334 - 4486 (high in 2008)
current resistance : 3890 - 3967 (high in 2011)
support : 3775-3800
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!
FKLI TRADING : 244)option 3. reversal has happenedthis is trade 244 frm haidojo trading...
Frm trade 243 previously, option (3) has happened,
3) market retests 1615 and reverses upward...possible reversal has happened...trend changes to uptrend... ...quotation frm previous episode, if you haven't watched it, you could go tru it in the link below.
Friday's analyst is important as it helps us to prepare for what might happen on Monday... so it is possible a reversal has taken place...
long on retracement is the winning edge...
What is expected on Monday?
---1) straight shoot-up to test 1650 resistance
2) lower a bit to 1625-1620, then sideway for a while and rebound to resistance 1650...OR
3) lower a bit to 1625-1620, then sideway for a while but falls back to 1615...
4) sideway, sideway, and...sideway...the way fkli likes to fool on us...haha... :)
*plan your trade and trade your plan... gud luck*
resistance : 1650- 1660
resistance-turn-support : 1615
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 : 243) in the middle of nowherethis is trade 243 frm haidojo trading...
finally the tp 1582 is filled...so a possible reversal frm 1573 low that reach somewhere in the middle of nowhere...so, what's next?
1) possible downtrend continues, 1600-resistance blocks it, then fkli-jan nosedives frm its price now to make new-structure low,
and downtrend persists...
2) market advances a bit higher to retest the 1615 but fails, rollover and falls...
3) market retests 1615 and reverses upward...possible reversal has happened...trend changes to uptrend...
4) none of the abv, market juz...goes sideway...gotcha! \
"market always does whatever it wants whenever it wants... "
the only thing we can do is...participate when market give us some edge...so make your stand and roll your dice!
*plan your trade and trade your plan... gud luck*
resistance : 1650- 1660
immediate resistance : 1615
support : 1574-1582
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 : 242) retest 9yrs high at 3890-3967this is haidojo and the number is 242 ...
as predicted earlier on 4th Jan 2021, fcpo-march persists in uptrend...
now, the next level is challenging the Feb 2011 high-3890-3967, the price which has not appeared at least in the past 8yrs++,close to 9yrs.
If this level of resistance is breached, then fcpo is looking at the 12-yrs historical high ranging frm 4334 - 4486, the peak which
has never been reached ever since March 2008...
Ok, after some brief history of price, let's talk about what has happened today(6th Jan 2021).
after a brief retracement yesterday, fcpo-march continues its marching to climb higher at gap up 3775 (20pts gap frm closing yesterday 3755)
and closed at high of 3877...up 122pts today...
needless to say, best offer frm the market : long on retracement, DON'T go for counter-trend, unless u hate your money bcox market could still gap up and go up the next day...
*plan your trade and trade your plan... gud luck*
higher resistance : 4334 - 4486 (high in 2008)
current resistance : 3890 - 3967 (high in 2011)
support : 3800
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!
FCPO TRADING : 241) uptrend still persiststhis is haidojo and the number is 241 ...
after hovering in sideway for around a week, fcpo-march resumes its momentum in moving uptrend in this new year 2021!
today fcpo-march has gained a strong momentum of gap-up go-up scenario and definitely releases a "green light" for both breakout trade and also a long position...so, it is a good start for new year and new resolution...
the gap up is close to 80pts and fast-forward to 3700 pts, ending in 3724, up 124pts...
this price has never appeared in fcpo ever since 2011, a record new high which has never been breached in the past 9yrs...!
so, the upcoming resistance level we can expect at 3800-3920 top which was set somewhere in Jan 2011...
well, let's not forget the historical-high 4300 in early 2008 which was set some 12-years ago...
Dun go for any counter-trend trade as now it might gap up and even go higher...
simply put, long-on-retracement is the best offer now...
PS : do you ever noticed that fkli and fcpo almost frequently run in separate direction? If you have any comment feel free to leave it below...
*plan your trade and trade your plan... gud luck*
higher resistance : 3800-3920
temporary resistance : 3720-3720
support : 3660-3680
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!
FKLI TRADING : 240) downtrend startsthis is trade 240 frm haidojo trading...
After 2-weeks of absence, this is the first episode in this new year 2021...so happi new year...
fkli-jan has been stopped at 1615 and the next level of support is at 1582...
however, if the price moves higher than 1650, then we might face another round of reversal...
so, to make long story short go for "short-on-rebound" while the trend is still in downward spiral...
*plan your trade and trade your plan... gud luck*
resistance : 1650- 1660
immediate resistance : 1615
support : 1574-1582
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 : 233) uptrend persiststhis is trade 233 frm haidojo trading...
still on celebration mood...no sign of fatigue yet...still long on retracement/pullback...
maybe got new movement after NY...
*plan your trade and trade your plan... gud luck*
resistance : 1667- 1670
temporary support : 1640
lower support : 1617-1620
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 : 232) shxt does happen...this is haidojo and the number is 232 ...
JUz as I am happily anticipating the market to move towards certain direction, price action of fcpo-feb has slapped me
right in the face with its inches-up higher and glide sideway...moreover, fcpo-feb is expiring soon...
so till 16th dec, I guess...sideway....sob sob
*plan your trade and trade your plan... gud luck*
higher resistance : 3620
current resistance : 3414-3450 (bull resumes its momentum abv this level)
support : 3280
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!
FCPO TRADING : 231) breakout comingthis is haidojo and the number is 231 ...
a gud news, finally a breakout and uptrend persists...
if you trade a breakout, then make sure your eyes wide open...
*plan your trade and trade your plan... gud luck*
resistance : 3620
current resistance : 3414-3450 (bull resumes its momentum abv this level)
support : 3280
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!
FKLI TRADING : 230) uptrend persiststhis is trade 230 frm haidojo trading...
so, here comes the retracement, then wait for reversal sign and embarks on it...
*plan your trade and trade your plan... gud luck*
resistance : 1640
temporary support : 1616-1620
lower support : 1582
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 : 229)resistance is broken, NY celebrationthis is trade 229 frm haidojo trading...
juz the first week of Dec, market has proven me wrong...Nvr mind, I am not a guy with magical crystal ball,
nor do I need to "pretend" as a master as most marketers do, I am just a chart analyst...and I luv trading
the trick here is making money even if you are wrong, and not stubbornly arguing why I am wrong and finding excuses to cover it...
Now, the market has spoken...so I just follow the trend...which is now the uptrend...
wait for long on retracement or pullback and that is the best strategy now...
market has been anticipating the market to recover frm the covid-19...some stocks ald moving...so hurry up...
*plan your trade and trade your plan... gud luck*
resistance : 1640
temporary support : 1616-1620
lower support : 1582
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*
Dec02 - FKLI (1D): Sideways-Up 157x-161x, Dec Top Formation 📈📉Technicals
Longterm: Bear 🐻📉
Midterm: Neutral (Sideways-Up) 🐻🐮 📈📉
This Month: Seasonally bullish in Dec 🐮📈
👇🏻Prev idea still largely intact, albeit with an added hint of Dec bullishness / year-end rally
🔔Watch: Budget2021 debate & its subsequent approval/rejection
flat on FKLI; might take a seasonal Dec long near current sideways range low, ~156x-7x area.
other than that, I'm sidelined + holiday-ing~~ 😁
Happy Hunting! 🥂🚀
-jk-
FKLI TRADING : 222)LOOK LEFT, STRUCTURES LEAVE CLUES!this is trade 222 frm haidojo trading...
as I had said it earlier, fkli-nov has been grinding in the selling region ranging frm 1580- 1618, and a reversal has indeed happened!
as predicted! I am not trying to say how accurate I am, or how majestic I am, but rather I would share with you that if you understand the
"language of the market", no matter it is forex, futures, stock, crypto..etc...they all react based on the price movement...
although they are not 100% accurate but it is enuf to give u a competitive edge to trade the market when the favor is on your side...
the rest, depend on money management and psychology...
*plan your trade and trade your plan... gud luck*
resistance : 1580-1615
temporary support : 1585
support : 1540-1560
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*
Nov18: FKLI (1D) - Sideways-Down <162x, Watch UTL Breakdown 🐻📉Index testing prev major LH near 162x, with momentum weakness above 158x...
Fundamentally, there's a lack of new positive triggers for price to go higher, neither for a strong bear case (unless go full MCO again)...
Thus, I'm keeping to a wide sideways-down view as long as Major R / 1600 mark resists.
Watch: Immediate UTL breakdown , may invite bears
Shall we reverse down from here, a downmove similar to that in August month may take place, pretty good range if true. ;)
Happy Hunting! 🥂🚀
-jk-
Nov18: CPO(1D) - Shall 3200 Hold, Likely See Rally to 3.4-3.6k🐮Bulls taking a breather as active contract move to Feb2021.
Major S: 320x-6x >> Watch if hold on test...
If support hold, Look for rally towards R1-R3: 340x-5x, 350x-5x, 360x-5x in about 2weeks time. ;)
I've been on Long since turn Nov, check out my many other social platforms for latest charts & market updates. 🔔⭐️
Check out my prev post on a Major CPO Bull Cycle (happening now!)
❇️https://www.tradingview.com/i/CwQkXxdU/
Happy Hunting! 🥂🚀
-jk-
FCPO TRADING : 220) still on persistent uptrendthis is haidojo and the number is 220 ...
today is the first day of fcpo-feb and that is not a real drop of 100pts...
it is more like the continuation of last month's price which extended into this month...
so the direction of the trend is still undefined yet...
price might test the previous higher-low at 3160, the rectangular space...
but before that, it needs to fall below 3260 - the previous high first///
which is the level where it turns frm resistance to support...
3350 is now the resistance level and supports are at 3260 and 3160...
*plan your trade and trade your plan... gud luck*
higher resistance : 3414-3450
resistance : 3350
support : 3260
lower support : 3160 (deciding 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!
FKLI TRADING : 219)LOOK LEFT, STRUCTURES LEAVE CLUES!this is trade 219 frm haidojo trading...
Look into the daily chart and you will see this thing, in the past...yes, I know. What happened in the past doesn't guarantee to happen in the future rite? but that is the only reference we have so far...if I have a YT channel, I can probably explain in detail...
fkli-nov has been grinding into the selling region ranging frm 1590 - 1620...you can see it frm the past daily chart...
so, either we wait for breakout to the either side before we jump in again...or trade sideway...that means advanced patterns if they appear...
*plan your trade and trade your plan... gud luck*
resistance : 1590-1620
temporary support : 1585
support : 1540-1560
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*