Live FCPO Trade - 4 Jan'21 (Long Trade)1) Placed a Long position @ 3668. Reason being price rebound from Support on upbar with high vol.
2) Price hit Entry before doing a Pullback.
3) Exited with 6pts (3674) as unsure about price direction.
VSI
Live FCPO Trade - 4 Jan'21Did a Short Trade at few points below the Support line (Entry @ 3657). Price did not go down further and instead bounce from Support. Hit SL.
Live FCPO Trade - 14 Dec'20- We went Long following the US Soybean Oil price movement.
- Place our Buy Stop @ 3440 with TP @ 3450 (10pts) and SL @ 3434 (6pts).
- Hit TP within less than 6 mins when our Entry triggered.
Live FCPO Trade - 9 Nov'20- Market opened gap down and close on upbar with VSI.
- Noticed that in the morning session, price is hovering just below the upper Downtrend line before closing.
- Price did try to go up before move up but end up closing on the low with low volume; subsequent bars hold above the low of the opening bar (Evening session).
- Price broke this line with high volume; subsequent bars it tried to climb back up but closing with a topping tail formation. At this bar, I set my EP at 1 bar below the low of the opening bar (3180) and another EP at 1 point below the low of the SO bar (3174).
- Subsequently, both EP triggered and hit TP at 3166. Noticed that price at this bar touching the lower Downtrend line.
Live FCPO Trade - 26 Oct'20- Market opened on widespread downbar on VSI with no gaps before continue its Sideway move.
- After 3:00pm, we see some activity with price breakthrough the Resistance (which was the old Support @ 2995) on VSI and also on Green Pentagon. We expect price to do a Pullback before moving up further.
- I placed my EP at 2995 and was triggered within less than 1 minute.
- After that, I set my TP @ 12pts and SL @ 6pts. As a precautionary measure, I also draw a line @ 3003 as a safety line for me to take profit should the price failed to move higher than that.
- Price shoot up the next bar and eventually hit my TP of 12pts.
