CPO1! trade ideas
Direction of FCPO #2As the previous chart, we predict the market will rebound at the support. But turns out it break the support already and heading towards to the line channel. From there we can see which direction we can focus. either bear or bull. we can make decision from there. but from now. we can go for short
Direction of FCPO *2 centsThis is my idea what probably going to happen tomorrow, on Monday 22 Aug 2022. From bigger picture 4H / 1H, the market really following the channel trend. The market rebound when it touch the support trendline. So if tomorrow market still going up, that means it towards to resistance. Focus on long. If market breaks the support. Then focus on short, it will be going towards the support
FCPO M1 TF Hi!
Again and again observing price reactions on M1 TF while applying HMA 9,21 & 50 to see price reactions when these HMA's crossing each others up and down.
Fibonacci retracement helps to measure entry, SL and TP. Observe closely when HMA 9 crossing HMA 50 it will give effect golden and death crossing , very useful to gain in Long or short position.
gud luck!
Potential on SWsHi All!
SWs means potential going long or short!
SWs also shows price up and down and doing consolidation to find the final directions, commodity trade is full of observations and external factors such as politics and world economy will directly affected.
Today? We target LONG!!!!1 Gud Luck!!!!
Moon Phase with CPOAn interesting phenomena should interest CPO traders when Full moon in yellow provides more a buy opportunity and New moon in blue selling .
Eyeball the historical event and you should see a high percentage of it happening +-1 to 2 days to the moon phase.
One can work on the shorter time frame to get into trades using ones own methodology.
Traders who are familiar with Delta Phenomena could give light to the inversion period.
Bullish for Malaysian Crude Palm Oil Hello there. This is what i found in the harmonic trading perspective in a close up market.
1. Bullish harmonic pattern which indicates the sign of reversal in opposite.
2. Expectation of price to do reversal in the area of RM4286-RM4577
Worst case scenario, it will move downwards up to RM3000-RM3600.
In addition, let me add up some "spices"
When the harmonic traders decided to make a decision within the extraction of reversal area. They must also decide to put their "optimal price" as their backup plan to avoid losing all of their money.
Which is im going to share with you guys of how harmonic trading could help us by making a complete decision(EP,TP,SL)
And also, always remember that the market doesn't favor with your decision as well all the time. So trade safe & control the risk.
This is just an idea for you to analyze. Please stay safe, control your capital & trade at your own risk.
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!
Futures Crude Palm Oil to Drop at the price area of RM3000Hello guys, this is what i found for the continuation counting from my previous post.
A running triangle appeared in wave 4 of wave C.
We were expecting the price to go beyond wave 5 in the area of RM3069 (to complete wave C)
Well, i could be wrong but luckily my expectation of alternate wave in wave 4 did happened.
This is just for knowledge & educational purposes. Please trade at your own risk.
FCPO - Another interesting setup???Interestingly a 0.786 wave relation provided another 500+ points rally and falling into a static cycle low with divergences and approach to wave 4 of a lesser degree should grab some attention. 3 years cycle into 2023 still looks quite alive and kicking...don't you think??