Get started
USD Malaysian Crude Palm Oil Calendar FuturesUSD Malaysian Crude Palm Oil Calendar FuturesUSD Malaysian Crude Palm Oil Calendar Futures

USD Malaysian Crude Palm Oil Calendar Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Forward curve Seasonals Contracts

CPO1! trade ideas

FCPO TRADING : 259) sideway strategy- bracketing the markethis is haidojo and the number is 259 ... fcpo-apr shows another round of sideway market now...so what to do now is bracketing the market... set up the high---resistance and the-low---support... then in the middle what might happen is formation of advanced pattern in between... (the one I draw with yellow-color)... if the price breaks higher than the resistance- turn long if the price breaks to the downside, lower than the support level, --turn short... *plan your trade and trade your plan... gud luck* higher resistance : 3460-3494 current support : 3305 lower support : 3220-3165 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!
by HAIDOJO_trading
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
FCPO TRADING : 255) bull is backthis is haidojo and the number is 255 ... today, another day of continuous uptrend...price hits higher than the 3450 resistance and stopped close to 100-pts abv previous close... so, officially, the bull is back...wait for long/buy on retracement, that's the higher percentage trading now... those who are looking for counter-trend might wanto hold your horses first...wait for the bull to catch some breath first, or when the uptrend is running out of steam... *plan your trade and trade your plan... gud luck* higher resistance : 3596 resistance-turn-support : 3450 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!Long
by HAIDOJO_trading
FCPO TRADING : 254) INcoming---more reversal signalsthis is haidojo and the number is 254 ... after hovering in the tight range for some time(a few days), 3170-3300, we witnessed a breakout on wednesday... price action did not one, but two things, 1) creates an initial new high 2)before that, creates new higher-low too... so, now the trend has reversed... if the trend continues creating more and more higher-highs and higher-lows, then we have a new uptrend coming... then, we turn into buy/long on dip...or buying on retracement...that's the best offer frm the market now... now, that is not so much info. in this episode, but...trust me...it is probably worth much more than the paid info out there... hence, giving u guys free for such valuable info...would probably make me...either crazy...or real...ok best of luck *plan your trade and trade your plan... gud luck* higher resistance : 3446-3450 (might reverse bear trend) resistance-turn-support : 3270- 3350 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!Long
by HAIDOJO_trading
FCPO TRADING : 251) bullish divergencethis is haidojo and the number is 251 ... as for what has happened today is...a glimpse of possibility of reversal of the trend... Why I say that? I saw the first sign of reversal ----which is bullish divergence in hourly chart/timeframe... but all counter-trend traders, hold your horses first, it is not that simple...I don't mean that fcpo-apr will reverse tmr and hit all time high again immediately...what I mean is, price action shows that the bull has rebound a bit today, trying to fight over bear for control... however, the whole fcpo market is still in downtrend...bear is still in firm control...if we see more and more reversal patterns/signals come in, then only we can say that the bull has come back... bullish divergence that I try to introduce here is when price hits lower but RSI shows the opposite direction...moving up... that is the classic bullish divergence but beware bcox daily chart RSI hasn't hit OverSold region yet...not quite yet... so, the chance of market dropping lower is still higher...short on rebound is still a preferred strategy... *plan your trade and trade your plan... gud luck* highest resistance : 3464 (might reverse bear trend) resistance : 3270- 3350 support : 3145-3200 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
5
FCPO TRADING : 250) downtrend persists, bear is in-chargethis is haidojo and the number is 250 ... as for the new arrival of fcpo-apr, it still doesn't turn over the downtrend, which means, it is for real....not a quick retracement... As for today, another critical support has been broken...a "higher-low" in daily chart...(needless to argue, if you don't trade this method, stick to your method)... Significantly, it means, market will continue sliding down...fast or slow? you will know ... lesson learnt here is...when the market is on some kinda trend, dun go fight against it...unless, of course, if only the price-action shows u some "clues"... 3320 support is officially broken... next level of support is ranging frm 3145 -3200 (again, if u dun trade this method, stop wasting ur time arguing with me, stick to whatever plan u are doing) *plan your trade and trade your plan... gud luck* highest resistance : 3464 (might reverse bear trend) resistance : 3320 - 3464 support : 3145-3200 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
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!
MYX:FCPO1!Short
by HAIDOJO_trading
6
SHORTING FCPO NEARLY 100 POINTS !!!!as you can see the price action been linger at the vwap which seems undecided however majorly its still on downtrend therefore once the retest of 3576 failed with a wick no body has pass the vwap its a good sign of shorting take a positon at 3570 theres a gap between 3560 to 3540 which easily broke my next suport is at 3520 if its break we can see 3500 it did fake a bit going back to 3560 but failed and continue to sell off exiting my position at 3480 with about 90 point what a good morning ride guys
MYX:FCPOH2021Short
by elyas_elora