FKLI Week 10 2025: Bearish.I think the FKLI is bearish right now. It might tested the 1500 level. The momentum lower is strong and we will reach 1500 very soon. From there on it will be depending on the price action on whether 1500 will hold or break lower.Shortby edramlan0
22) FKLI : downtrend but possible rebound?resumes frm 21), fkli-feb did the exact opposite of my expectation! On my titled "reverse-to-bullish", it didn't reversed to bullish at all! But what had happened was it formed some kinda "head" at 1591, then trapped in tight range frm 1581-1585, then rollover all the way down. Price formed lower-low at 1560++, then shoot all the way up to...1591! At the end of February, last-day pull-up oso did not happen. Some of the stocks gave out disappointing quarter results such as Genting, Genm, etc...MOst probably this was one of the reason for the sudden fall. More bad news to come? Well, we have to wait for US then. One of the thing to look out was this current support level,1537-1540, which was a strong critical area bcox it was tested multiple times in the past. -IF no more bad news and this support level hold, THEN fkli-march might test back 1565-1585 level. - IF the bear is strong, THEN lower level of support range frm 1500-1510. -IF bull is trying to reverse the trend, THEN it has to fight back higher than 1565-1585 level, reaching the closest high frm 1600-1605. I am not ashamed if my prediction is wrong because this is part and parcel of trading. IF I am right, THEN I go for it. IF I am wrong, THEN cutloss. Simple. GUd luck and gud hunting. PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."Longby HAIDOJO_trading0
21) FKLI : reverse to bullishresumes frm 18), fkli-feb dropped down to slightly lower than the expected 1575, reaching low at 1572(1571.5 precisely), THEN a rebound on FRiday! A classic false breakout to the downside. A reversal is said to be formed when the price broke abv the previous lower-high at 1583 (the red marker) and closed at 1589.5 on FRiday, 21st Feb25. Now, bull is in charge. IF the market is aggressive to the upside, THEN it will retest 1595-1600. IF the market breaks above the strong resistance 1600, THEN it will go to the next level at 1613 and 1628. IF the market is slow-ish, THEN fkli-feb will hover from 1584-1588 immediate support till 1595. Deeper consolidation will touch range from 1585-1572. Price below 1572 indicate another round of bearish market appears. Since next week is the last week of February month, I will bet on "end-of-month bull rally". End of the month typically is a bull rally for fkli on some special months but most of the time it is just the last-day-of-the-month rally! PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."Longby HAIDOJO_trading1
18) FKLI : bull and bear plays tug-of-warresumes frm 17), the latest high has broken above previous high of 1590 and creates higher-high at 1600-1605. Basically, bull is still IN CONTROL but a possible "head" has been formed. At the end of the week, price falls at 1592.5. Bull still maintains till 1575 closest higher-low is broken. This could be a mere consolidation phase of a bull or a reversal... IF the market is aggressive to the downside, THEN it will retest 1575-1585. IF the market breaks lower than the previous higher-low at 1575, THEN market has reversed into bear. IF the market is slow-ish, THEN current point 1590 - 1595 is the range for possible continuation to higher price. Deeper consolidation will touch range from 1585-1590. PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk." Longby HAIDOJO_trading0
17) FKLI : uptrend continues...resumes frm 14), the previous Lower-high 1564 has been broken. NOw, fkli-feb has been creating more and more higher-low and higher-high till now, reaching 1590. IF the market is aggressive, THEN it will hit 1600-1613 and probably hit higher. IF the market is slow-ish, THEN watch out 1583-1588 support, where it is playing tug-of-war with bear. IF the market breaks lower than the previous higher-low at 1575, THEN market has reversed into bear. PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk." Longby HAIDOJO_trading0
14) FKLI : possible reversal Fkli-feb has shown a possible reversal, creating a higher-low tdy. price to watch out is at 1564, the previous Lower-High, before descending further into the previous support level...1540...that was the lowest point set (around that level) on 17th Jan 2025, forming double bottom in daily chart. IF this price 1564 is broken to the upside, THEN we have a confirmation shift of trend and uptrend has come back. tug-of-war between bull and bear happens between 1540-1560 level... IF price breaks below 1540 support level (lowest point 1536?), THEN bear continues... PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk." Longby HAIDOJO_trading0
12) FKLI : bad news breaking out? Thing is not looking gud for my last week paper trading in fkli as a "downtrend channel" is formed (red color "bridge" heading downside). The immediate support is at right now, 1560. Price needs to test immediate resistance at 1570, and if it is successful, then it will go back to the recent high at 1585. Further above 1585 signals the recent uptrend continues or IF it falls below 1540-1538, THEN the strong bear continues. I am still of the opinion that somethg bad is going to break out frm the end of January 2025 either frm US or Japan based on recent market performance. However, not all going doom and gloom. Happy Chinese New Year and Gong XI Fa Cai! PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk." Shortby HAIDOJO_trading0
10) FKLI : another losing day, but wait for next roundit is very obvious! nothing is wrong with the strategy. it is me. ok. long story short, I short fkli at 1546, SL 1552...and yes...it was stopped out...bcox market is heading for rebound...so wait for price to break abv 1570, then retraces back...see how... be patient...wait... PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."Longby HAIDOJO_trading0
8) FKLI : missing trades and repeating mistakeI don't know what is the news but the market has broken way lower than my expected 1580 and are now in the next range of 1530-1550 region. I really have my own bias and I thought the market is oversold. That is the "counter-trend's bug" in my head. When I tried to short the market, there will be a voice in my head saying "it will rebound!" and making it worse is my short-selling the market was right but I put trail-stop too soon and it was hit. Making a profitable trade becoming just a breakeven trade, yet again. short fkli at 1562, then took it out at 1660, whr it hit my tp at 1552... 3 fcpo trades and all losers, well done! so i am paying attention to fkli for rebound. fkli has to break abv 1570 to reverse the condition. Further down, market will retest 1500-1510, the low since August 2024. Probably, the same bad news, end of January 2025, BOJ might raise interest rates again...who knows? PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."by HAIDOJO_trading0
6) FKLI : I screw up the last time, what is next? - as a respond to the previous no 3), YES! I am reacting too fast and miss out on a big fall. That feeling was devastating. Just entering the second weeks of new year and I made a horrible mistake by cutting the profits short. These are indeed bad, winning trades. Repeat these actions more then I will end up "retiring" early this year. - next week, IF bear continues to "kill" the market, THEN we will probably see price moves to 1580, a critical support. This level was hit several times last year in June, NOv and Dec 2024 and it will most likely hold unless there is more bad news from the market. THEN, we will see level like 1530-1550, or 1500-1510, which was tested during the early August fall 2024. -IF the market is to rebound, THEN first it must get above the "overhead" resistance at 1605 and test higher level at 1610-1615. PS : there is a myth saying that if you want to know what will happen to the bursa malaysia for the rest of the year, you must first look at the first week in January of that year. Now, the first and second week fkli ald dropped frm high at 1640 to now below 1600, so the whole year is "roasted"? haha...kidding'. PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun. #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk." Shortby HAIDOJO_trading0
3) FKLI : higher-low is formed, fake or real reversal?Short at 1633, I got kicked out twice at 1630-1631 area, both are break-even trades....haiz! possible reversal has happened, wait for any breakout... 1635 is the immediate resistance region and support at 1621-1626... another possibility is I am reacting too fast and miss out on a big fall...let see what happen next #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not guru and I am working hard to make profit same as u. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. " Shortby HAIDOJO_trading0
1) FKLI : confirmation of "head-and-shoulder" pattern A breakout to the downside from the neckline 1634 has occurred. So expecting price to fall further. next level support : 1618-1624 resistance : 1640 - 1648 #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not guru and I am working hard to make profit same as u. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. " Shortby HAIDOJO_trading0
possible "head-and-shoulder" pattern in fkli janthis is possibly a "head-and-shoulder" pattern formed in fkli-Jan. The neckline is around 1627-1634...daily and hourly charts are all UT. This is an early entry. See what happens next. *this is just a trading journal, not a suggestion to buy nor sell. For more information, please consult your financial advisor. Shortby HAIDOJO_trading0
FKLI WEE 48 2024: Retracement to continue.I don't think that we are done with the move downwards. I think there is still some room down and the retracement will continue towards Target 1 and if that level didn't hold then it is likely that the index will move towards 1540 (Target 2). Then depending on the price action, KLCI would probably try to make a move higher. For the week ahead, it is still bearish.Shortby edramlan0
FKLI Week 46 2024: To continue lower.I'm expecting that KLCI will continue to track lower to break the 1600 level. TP1 is around 1590 level and from there, depending on the price action, it will continue to go lower. Next target lower is TP2 which is around 1580 to 1570. Shortby edramlan0
FKLI Week 32 2024: 1500 is on sight.Yesterday, FKLI nearly reached 1500 points due to a significant sell-off, similar to other markets. In the short term, there might be some reactionary buying, but a further decline is expected. I anticipate the price will eventually drop to 1500 points before consolidating to determine the next move, whether lower or higher. Currently, we can expect a brief retracement upwards before the market resumes its downward trend.Shortby edramlan0
FKLI Week 24 2004: Cautiously bullish.There was no follow-through on the bearish outlook from last week. Instead, the index increased after the market opened on Tuesday. Following this, the index entered a consolidation period. Moving into next week, it appears that the bulls remain in control. The index is expected to push higher, targeting the 1637 area.Longby edramlan0
FKLI Week 23 2024: Pullback to continue.KLCI is expected to continue lower as it remains under pressure at the current level. An attempt to push higher on Friday failed, resulting in a bearish key reversal. A drop to the 1587 level is possible. If this level doesn't hold, the next target would be 1565.Shortby edramlan0
FKLI Week 22 2024: Pullback in the making?Last week, the KLCI appeared to hold within the 1620-1618 range. However, a bearish candle on Friday and an overall weekly bearish key reversal candle are concerning. Ideally, we hope to see the index bounce higher to the 1625 level before potentially declining further, first towards Friday’s close and then even lower to the 1608 level.by edramlan0
FKLI1 - looks heavy and ready for retracement?Technically at the current level KLCI looks heavy. If price cannot hold above 1615 then a bigger retracement is expected towards 1585 to 1571 support area.Shortby edramlanUpdated 0
FBM KLCI FUTURES LOWER IN EARLY TRADEThe FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives opened lower today. At 9.27 am, the spot month April 2024 contract eased 1.5 points to 1,538.0 and May 2024 declined 1.0 points to 1,540.0. The June 2024 and September 2024 notes inched down 2.5 points each to 1,539.0 and 1,527.0, respectively. Turnover stood at 1,454 lots while open interest amounted to 44,202 contracts.Longby Khairil_Anuar333
Heading to 1500Fkli nearly breakout the key price point . If it success breakout next resistance will at the 1500Longby konghaujin19935201
FKLI1! weeklyupside 1475, stop 1435, RSI & stochastic remain neutral and not overbought in weeklyby eesb990