Get started
Crude Palm Oil FuturesCrude Palm Oil FuturesCrude Palm Oil Futures

Crude Palm Oil Futures

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

FCPO1! trade ideas

FCPO TRADING : 284) a breakout frm recent sidewaythis is haidojo and the number is 284 ... after going tru sideway for almost two-weeks, finally we have a breakout to the upside for fcpo-july... we have 2-days of holidays ahead next week for Raya festival and then the end of fcpo-july... then comes fcpo-august on 17th May 2021... so, the point is, long on retracement is something probably I will be doing in the market now...the bull is heading towards higher level at 4335... thr is a possibility that price will retest the support level at 4120-4180 since we have a close-to-200pts ups today... *plan your trade and trade your plan... gud luck* resistance : 4335 support : 4120-4180 lower support : 4060-4090 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 : 281) a huge bearish gartley patternthis is haidojo and the number is 281 ... PS : personally, I dun trade advanced patterns in fcpo bcox : 1) thr are too low frequency of the happening...it is a mere of 6-8 trades per year...(hourly timeframe) 2) the risk factors in these kind of trades a too big for my account...and I dun like the risk rewards... so this advanced patterns in fcpo is just for an exhibition...I dun trade this one...beside, this is a late entry...haha... *plan your trade and trade your plan... gud luck* resistance : 4066-4090 support : 3875-3900 lower support : 3650-3700 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
2
FCPO TRADING : 279) uptrend is facing a possible reversal this is haidojo and the number is 279 ... after almost one month of absent, finally I come back with some discovery...it is possible a reversal signal for fcpo...! after retesting the high of 4060-4100 failed, fcpo-july has been facing some selling pressure today...at closing, it has dropped more than 100pts frm its peak at 4084! and we can see a formation of bearish engulfing candle in daily chart... let's look at what will happen on Monday to decide...if the support 3875-3900 holds, it is possible to rebound...or else it will fall lower to the next level at 3650-3700... *plan your trade and trade your plan... gud luck* resistance : 4066-4090 support : 3875-3900 lower support : 3650-3700 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
Bullish July 🐂July contract has started with a price breakout above a Symmetrical triangle; which clearly suggest that the continuation bullish trend is intact and the price technically should witness buying momentum at higher level. Hurdles are seen at current level 3730 and on the ATH at 3950. Our minimum target is at 4290, however strong buying momentum could push the price higher to 4650. Support is seen at the triangle apex at 3560. Price movement below S2 at 3390 will negate our bullish outlook. Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
MYX:FCPON2021Long
by ellynacci
2
Harmonic Inverted Head & Shoulder Hi there. This is what I have found for Futures Crude Palm Oil (FCPO) The price is currently moving upwards inside the expanding diagonal pattern. And guess what i have found... the rarest harmonic hns pattern. Basic rules for head and shoulder gives the sign of continuation. But as far as we can see for this kind(harmonic hns), gives us the probability of continuation at the reversal price above before gives us the probability of bearish sign after(You may wanna look at the chart above...) Well as usual, this is a study of probability. Please take a good care of your trading plan before making any decision. Trade at your own risk. All the best traders !
MYX:FCPO1!
by zhafrihandsome
2