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FTSE Bursa Malaysia KLCI FuturesFTSE Bursa Malaysia KLCI FuturesFTSE Bursa Malaysia KLCI Futures

FTSE Bursa Malaysia KLCI Futures

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FKLIZ2024 trade ideas

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."
MYX:FKLI1!Short
by HAIDOJO_trading
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."
MYX:FKLI1!Long
by HAIDOJO_trading
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."
MYX:FKLI1!
by HAIDOJO_trading
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."
MYX:FKLI1!Short
by HAIDOJO_trading
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. "
MYX:FKLI1!Short
by HAIDOJO_trading
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. "
MYX:FKLI1!Short
by HAIDOJO_trading