FCPO Contract Month Watchlist TutorialThese are the steps shown in video to make FCPO Contract Month Watchlist.
1. Open FCPO1! Chart
2. Check latest contract month
3. Open Indicator
4. Search for FCPO Contract Month Table
5. Take note the latest contract month, example X 2022
6. Select X and 2022 from setting
7. Open other live chart
8. Create new watchlist
9. Set Frequency to All
10. Set alert
11. Set condition
12. Clear Alert Name
13. Click Create
14. Export alerts log to a CSV file...
15. Save csv file
16. Open csv with notepad
17. Remove necessary code
18. Save as txt extension
19. Import list
20. Done
I may do other watchlist such as Sharia market, future etc. Thank you.
FPOL1! trade ideas
FCPO - Bearish flag pattern breakoutComment :
1) FCPO is forming a bearish flag pattern in a downtrend since the peak in May 2022. This pattern is expecting a further movement down at the end of the flag.
2) The condition of a bearish flag including associate with descending trading volume during flag is forming. Eventually, FCPO has breakout below the low of the lower channel on 1st Sept.
Support & Resistance:
R : Resistance A
S : Supporting B & 2125
DISCLAIMER :
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
Direction of FCPO #5As you guys can see, it is what we predict from previous our chart analysis. It is following the direction that I have been showed. So now lets see either the market can rebound and go up towards the strong resistance ( yellow box ) or it will continue downwards. Besides that, do not neglect that we can see there is a form of pattern have shown which is Head And Shoulder ( HNS ), same goes to this concept, have to break the neckline, and then we can make decision where is the direction of the market. We will see tomorrow to see what market brings to us.
Direction of FCPO #4As we looked at the previous our TA chart. it seems that the market still can't break the resistance. But we will see on Monday, does the market will try to break the resistance or it will break the parallel channel. We have been waiting for market move from outside the parallel channel, so that we can have a better direction on short or long. But even now, we can see that the price can't break through that resistance on orange color that i have draw. the market already try to break the price so many times but still failed. so we are waiting for the price break the parallel channel. then we can have a clear direction.
In a smaller time frame like 5m / 15m / 30m, if the market open and try to break the resistance, wait for the break out. if still can't break the resistance. then can focus short until parallel channel. wait for the break support. and then can continue find setup for short
Remember, always entry with setup. Or else, u are in gambling industry. Happy Trade!
This is what we call "libasan neraka"When it comes to FCPO, Technical Analysis come first, then Fundamental Analysis.
From our previous chart, this is what we have been prepared for. So, we going to see where does the market will go. either moving downwards or upwards. Even drop almost 200+- ticks, yet it is still in the parallel channel. So can't identified yet is it in bullish or bearish
Direction of FCPO #2As the previous chart, we predict the market will rebound at the support. But turns out it break the support already and heading towards to the line channel. From there we can see which direction we can focus. either bear or bull. we can make decision from there. but from now. we can go for short
Direction of FCPO *2 centsThis is my idea what probably going to happen tomorrow, on Monday 22 Aug 2022. From bigger picture 4H / 1H, the market really following the channel trend. The market rebound when it touch the support trendline. So if tomorrow market still going up, that means it towards to resistance. Focus on long. If market breaks the support. Then focus on short, it will be going towards the support
FCPO M1 TF Hi!
Again and again observing price reactions on M1 TF while applying HMA 9,21 & 50 to see price reactions when these HMA's crossing each others up and down.
Fibonacci retracement helps to measure entry, SL and TP. Observe closely when HMA 9 crossing HMA 50 it will give effect golden and death crossing , very useful to gain in Long or short position.
gud luck!
Potential on SWsHi All!
SWs means potential going long or short!
SWs also shows price up and down and doing consolidation to find the final directions, commodity trade is full of observations and external factors such as politics and world economy will directly affected.
Today? We target LONG!!!!1 Gud Luck!!!!
Moon Phase with CPOAn interesting phenomena should interest CPO traders when Full moon in yellow provides more a buy opportunity and New moon in blue selling .
Eyeball the historical event and you should see a high percentage of it happening +-1 to 2 days to the moon phase.
One can work on the shorter time frame to get into trades using ones own methodology.
Traders who are familiar with Delta Phenomena could give light to the inversion period.
Bullish for Malaysian Crude Palm Oil Hello there. This is what i found in the harmonic trading perspective in a close up market.
1. Bullish harmonic pattern which indicates the sign of reversal in opposite.
2. Expectation of price to do reversal in the area of RM4286-RM4577
Worst case scenario, it will move downwards up to RM3000-RM3600.
In addition, let me add up some "spices"
When the harmonic traders decided to make a decision within the extraction of reversal area. They must also decide to put their "optimal price" as their backup plan to avoid losing all of their money.
Which is im going to share with you guys of how harmonic trading could help us by making a complete decision(EP,TP,SL)
And also, always remember that the market doesn't favor with your decision as well all the time. So trade safe & control the risk.
This is just an idea for you to analyze. Please stay safe, control your capital & trade at your own risk.
FCPO TRADING : 330) bracketing market this is haidojo and the number is 330...
First half of July month, it was a downtrend. Frm the low of 3500, it rebounded to the 1st high at 4080, then another round of selling to hit 3636-3700, another rebound came and hit higher at 4310 at the end of JUly, which is exactly the same high as the previous high at 4300...now, we wait for breakout of either side to confirm the trend...IF it breaks abv the high of 4300 and creates higher-high, THEN new uptrend has emerged. IF it falls below the current support of 3600-3700, THEN the price will fall further and recent rebound is a false alarm.
**plan your trade and trade your plan... gud luck**
resistance : 4240-4340
current support : 3500-3600
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , cryptos, warrants, CFDs, spreads, options 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 …this is not a signal service channel and DON'T TREAT IT LIKE ONE!
TRADE AT YOUR OWN RISK!
Futures Crude Palm Oil to Drop at the price area of RM3000Hello guys, this is what i found for the continuation counting from my previous post.
A running triangle appeared in wave 4 of wave C.
We were expecting the price to go beyond wave 5 in the area of RM3069 (to complete wave C)
Well, i could be wrong but luckily my expectation of alternate wave in wave 4 did happened.
This is just for knowledge & educational purposes. Please trade at your own risk.
FCPO - Another interesting setup???Interestingly a 0.786 wave relation provided another 500+ points rally and falling into a static cycle low with divergences and approach to wave 4 of a lesser degree should grab some attention. 3 years cycle into 2023 still looks quite alive and kicking...don't you think??