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FUPO1! trade ideas

FCPO TRADING : 249) trend has reversed into fast-dropthis is haidojo and the number is 249 ... As I has mentioned earlier in trade 247(go watch it if you haven't), critical support is at 3670, if it has been broken, then downtrend has arrived. what I don't expect is a fast-dropping downtrend...I tot the transition will move frm "uptrend - sideway - downtrend"... instead, what has happened is "fast uptrend --- fast downtrend" a 180 degree upside down turn which happens immediately... two consecutive days with down more than 100pts...so, no counter-trend trade... the best offer market is providing now is short on rebound...a friendly reminder : if you are new to the fcpo, and has never traded it before.. pliz, stay away...now is the fast-swing period...it is certainly not a gud news for newbies and the faint-hearted ones... although I consistently hear the gurus out there urge their students/apprentices to "short it", " don't think, juz do it" ... it is not recommended to do that...bcox after fast fall, we might have fast rebound...especially those deadly gaps... Get a trading plan, test it, then stick to it...don't follow blindly what the gurus say, test it...verify it, make sure it is repeatable... then only apply it... *plan your trade and trade your plan... gud luck* highest resistance : 3600 resistance : 3470 support : 3320-3470 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
6
SHORTING FCPO NEARLY 100 POINTS !!!!as you can see the price action been linger at the vwap which seems undecided however majorly its still on downtrend therefore once the retest of 3576 failed with a wick no body has pass the vwap its a good sign of shorting take a positon at 3570 theres a gap between 3560 to 3540 which easily broke my next suport is at 3520 if its break we can see 3500 it did fake a bit going back to 3560 but failed and continue to sell off exiting my position at 3480 with about 90 point what a good morning ride guys
MYX:FCPOH2021Short
by elyas_elora
FCPO Q1 Outlook: Sideways-Up to ATH 4.4k-4.8k 📈🐮Technicals Major S: 3.6-3.7k (nearest support) ; 3.2-3.4k (prev consolidation range) Major R: 3.8-3.9k ; 4-4.2k ; 4.4k (ATH) ; 4.8k (Weekly breakout projection) 👇🏻 Prev idea on potential CPO New Bull Cycle: 👇🏻 Dec Bullish Call on CPO: 🔔 Q1 Risk Factor to Watch: Covid, Reinstating/further extension of MCO , Political instability (Malaysia), US President transition, US-China trade war (soybean oil deals), Geopolitical tension in Iran/Taiwan I'm Long bias for FCPO in 1Q2021, looking to initiate Long positions shall Major S holds. Happy Hunting! 🥂🚀 -jk-
MYX:FCPO1!Long
by jeanne_k
FCPO TRADING : 247) a possible reversalthis is haidojo and the number is 247 ... after consolidating for a few days, fcpo-march today evidently has a huge drop... if you trade using other method, pliz use back ur own methodology but the way I do it is...as long as the support 3670 holds, it is still uptrend/// however, if this level of support is broken, then a reversal is said to happen... observe closely 3670 support level and the 3800 resistance level... if the 3800-resistance is reversed, then uptrend resumes... *plan your trade and trade your plan... gud luck* highest resistance : 4334 - 4486 (high in 2008) higher resistance : 3890 - 3967 (high in 2011) current resistance : 3775-3800 support : 3670 critical 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
FCPO TRADING : 245) party is not over yet! this is haidojo and the number is 245 ... After playing sideway for 2 days, fcpo-march has formed new support level, lower level at 3660-3680, another one at 3775-3800... but one more thing, next week is the last week before the exchange date, which happens every month on the 16th, so the interest for trading fcpo might fall drastically and the inevitable boring and sideway movement will rule for the whole week... if nothing goes wrong, the real movement would likely be visible after the week of exchange date...the closest is frm 18th - 22nd Jan 2021, or most likely at the end of the month too... another possible thing is a huge, violence move either to the upside or the downside (probably testing the max high and low in recent price) then only followed by the real move after Xchange date/at the end of the month... *plan your trade and trade your plan... gud luck* higher resistance : 4334 - 4486 (high in 2008) current resistance : 3890 - 3967 (high in 2011) support : 3775-3800 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 : 242) retest 9yrs high at 3890-3967this is haidojo and the number is 242 ... as predicted earlier on 4th Jan 2021, fcpo-march persists in uptrend... now, the next level is challenging the Feb 2011 high-3890-3967, the price which has not appeared at least in the past 8yrs++,close to 9yrs. If this level of resistance is breached, then fcpo is looking at the 12-yrs historical high ranging frm 4334 - 4486, the peak which has never been reached ever since March 2008... Ok, after some brief history of price, let's talk about what has happened today(6th Jan 2021). after a brief retracement yesterday, fcpo-march continues its marching to climb higher at gap up 3775 (20pts gap frm closing yesterday 3755) and closed at high of 3877...up 122pts today... needless to say, best offer frm the market : long on retracement, DON'T go for counter-trend, unless u hate your money bcox market could still gap up and go up the next day... *plan your trade and trade your plan... gud luck* higher resistance : 4334 - 4486 (high in 2008) current resistance : 3890 - 3967 (high in 2011) support : 3800 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 : 241) uptrend still persiststhis is haidojo and the number is 241 ... after hovering in sideway for around a week, fcpo-march resumes its momentum in moving uptrend in this new year 2021! today fcpo-march has gained a strong momentum of gap-up go-up scenario and definitely releases a "green light" for both breakout trade and also a long position...so, it is a good start for new year and new resolution... the gap up is close to 80pts and fast-forward to 3700 pts, ending in 3724, up 124pts... this price has never appeared in fcpo ever since 2011, a record new high which has never been breached in the past 9yrs...! so, the upcoming resistance level we can expect at 3800-3920 top which was set somewhere in Jan 2011... well, let's not forget the historical-high 4300 in early 2008 which was set some 12-years ago... Dun go for any counter-trend trade as now it might gap up and even go higher... simply put, long-on-retracement is the best offer now... PS : do you ever noticed that fkli and fcpo almost frequently run in separate direction? If you have any comment feel free to leave it below... *plan your trade and trade your plan... gud luck* higher resistance : 3800-3920 temporary resistance : 3720-3720 support : 3660-3680 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
7