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FPKO1! trade ideas

FCPO Crude Palm OilBullish is trying very hard to push against its 5 & 15 min resistance. Bullish volume in the 1HR chart seems to be working too hard with a little too less, or I can say a formation of Doji. However, the price just closed above the resistance, we will be looking closely at the next candle reaction, whether the bullish is getting weaker or stronger. Here some tip, if the bearish candle goes down easily closing below its support area + with little effort in the volume, then you know that bearish is stronger than the bullish. Again, nothing is clear now, Price is tight right now between various numbers of EMA. Waiting for the "kettle" to reach its final temperature before bursting out to the upside or downside. If it goes up, we can see it will go up to 4300 area or even better, closing the gap. If it goes down, I believe that it will still not going too far, probably will retest again at 4080 area, but hey, money is money. Good Luck.
MYX:FCPOV2021
by AMianz
FCPO CRUDE PALM OIL FUTURESINDICATING POTENTIAL DROP IN PRICE SUPPORTED BY FLATTENING VOLUME FOR AUGUST 2021 DELIVERY. FOR THOSE IN PHYSICAL TRADING BUSINESS, THIS COMING 2 DAYS WILL BE THE BEST FOR YOU TO CLOSE A DEAL WITH CLIENTS WHO WISHED FOR A CHEAPER PRODUCT (WE KNOW THOSE KIND OF CLIENTS). ALSO FOR HEDGER IN PHYSICAL COMMODITY TRADING BUSINESS, HEDGE YOUR POSITION ON THE FIRST TWO WEEKS OF AUGUST 2021 DELIVERY CONTRACT WILL BE A BAD IDEA. WAIT UNTIL THE DISTRIBUTION HAVE BEEN MADE ON AUGUST 2021 CONTRACT, BEFORE ACCUMULATE YOUR HEDGING POSITION. HAPPY PRICE & TIME ARBITRAGE LADS. THE ONLY GUY WHO TALKED ABOUT THIS. IN PHYSICAL TRADING PERSPECTIVE NAIM SUKRI
MYX:FCPOU2021
by NaimEdelweissFX
FCPO TRADING : 294)retest the previous highthis is haidojo and the number is 294 ... after the recent rally, bull has its grip back. Till yesterday, it has gone back to the previous level at 4400... so the next level we are looking at is, the previous high in mid-may 2021, and also the highest price ever in fcpo since 2008...4430-4525 if it falls back for consolidation, we shall see some support ranging frm 4200-4300... that's all for tdy ...if u are frm malaysia, be safe, stay at home... *plan your trade and trade your plan... gud luck* higher resistance : 4430-4525(the record high) immediate support : 4200-4300 lower support : 4050 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