hi, this is haidojo trading and the number is 142...if you are chasing the price then probably you will feel exhausted bcox of the gaps... fcpo is well-known for its gaps...the sudden gap-up or gap-down will definitely keep you in the blind...if it turns against you while you are holding a swing position, actually thr is nothing much you can do...either cut loss...
this is trade 141 frm haidojo trading... a possible short position at 1574-1570, SL abv 1585, probably a few points abv it...1st tp at 1560, 2nd tp at 1550... the reason for trading...? the price was juz rejected at the resistance level, 1577-1585... higher resistance : 1616-1623 (recent high) resistance : 1577-1585 (reversal to bull) current support :...
hi, this is haidojo trading and the number is 140... well, what has happened on 19th Aug 2020 was the price has broken abv 2710 and reached 2750-60, the recent high created on 13th Aug... a higher-low is formed, and basically both hourly and daily charts are still in uptrend...SIDEWAY market and slowly up probably... resistance : 2780-2810 immediate...
this is the 1st day of the new fcpo-nov... hi, this is haidojo trading and the number is 139... well, what has happened today is the price tested 2710 and slided down...next level it might go to the "neckline" 2560-2605...a break lower than this level indicates that a lower-low has formed...trend has changed to downtrend... resistance : 2780-2810 immediate...
this is trade 138 frm haidojo trading... new bracketing for the market...resistance was close, 1577-1585...temporary 1560 support still holds...but probably not for long... a new support level arises...1540-1547...but if you intend to long here, this is a counter-trend trade...thr is a high-risk in trading counter-trend trade...so for now, "short on rebound"...
hi, this is haidojo trading and the number is 137... see what is going on the next week...if the price will retest higher level at 2780-2810 the "head" and "left-shoulder"... or retraces back to the "neckline" at 2560 - 2605... resistance : 2780-2810 immediate resistance : 2710 lower support : 2560-2605 the possible neckline for "head-and-shoulder" ...
this is trade 136 frm haidojo trading... frm my previous analysis, I am absolutely surprised...the speed was real but the rebound wasn't... fkli-aug didn't reach 1585 but "kostan"/reverses at 1577...the closest high...so the strategy is still short on rebound... higher resistance : 1616-1623 (recent high) resistance : 1577-1585 (reversal to bull) current...
this is trade 135 frm haidojo trading... we are closing back to the 1585 resistance which is also the determinant of bull/bear critical point...look at the speed, fkli-aug definitely could challenge the previous high... higher resistance : 1616-1623 (recent high) resistance : 1585 (reversal to bull) current support : 1560 lower support :...
hi, this is haidojo trading and the number is 134...today fcpo-oct gives us a sense of deja vu' feeling...with the consolidation still in the process... exchange date on 16th of the month...in which the contract will end tmr...so watch out those swing traders...not much movement in fcpo-oct today...except of a huge gap-up...and sideway... resistance :...
this is trade 133 frm haidojo trading... the current low of 1547/or the impulse leg A has been violated...so both advanced patterns are no longer valid... In term of price-action, 1560 has turned frm support-to-resistance...but formation of lower-low at 1540 is too close to the previous one... from the past experience, this might indicate a possible reversal to...
this is 132 frm haidojo trading...the gap of "lone island" is not yet filled, neither higher-high nor lower-low is formed... so no confirmation of trend, then it is a sideway market...2630 support still hold...gap down go up today indicating the end to temporary selling pressure...long-term still in uptrend, mid-term trend becomes blurry...if you trade...
this is trade 131 frm haidojo trading... the bearish bat pattern is no longer valid...2 new patterns possible formed... 1) a possible bearish gartley pattern with D leg formation range frm 1596-1605... 2) a bearish bat pattern with possible D leg formation at 1614-1625... higher resistance : 1596- 1605 red box and bearish gartley pattern current resistance ...
this is 130 frm haidojo trading...after the 10th of the month, the real price action has become more obvious... a possible formation of "HEAD" when both gaps were found >>> gap up >>> then to the higher point >> gap down... leaving the "lone island" or the head... resistance : 2700-2725 support : 2670 -2630 lower support : 2560 (now the critical...
this is trade 129 frm haidojo trading... - the bearish bat pattern is somehow still valid..with range to short frm 1597-1605...SL a few points abv 1605...1st tp 1587, 2nd tp 1560 the tighter range is 1585 - 1560...and the TREND is still DOWNTREND...short on rebound is still valid... higher resistance : 1598- 1605 red box and bearish bat pattern current...
this is trade 124 frm haidojo trading...CLOSE ATTENTION to the : - a possible bearish bat pattern formation in hourly chart...with range to short frm 1597-1605...SL a few points abv 1605...1st tp 1587, 2nd tp 1560 fkli-aug closing close to the 1585 resistance level tdy... resistance : 1585- 1605 (the red colored rectangle ) support : 1547-1560 lower...
this is 128 frm haidojo trading...as the price-action presented, leg A has been violated and now the bearish gartley pattern is no longer valid... according to my thumb-of-rule, reversal is not confirmed yet...however, as 10th of the month has past(exactly today), the real trend/movement should begin soon... resistance : 2790-2810 current support :...
this is 127 frm haidojo trading...FCPO-OCT is showing a sign of sideway market...with the latest consolidation, it normally breeds advanced patterns...now, it is possible to form a bearish gartley pattern...short position ranging frm 2787-2810...SL a few points abv that...1st TP 2720, 2nd tp 2670... resistance : 2790-2810 current support : 2720-2725 ...
-top 20 jewels frm a very popular local bank... -technical : let's look at some price action... this is trade 126) frm haidojo trading and the last companies frm the top20Jewel series…Tguan is temporarily in uptrend…but now it has bumped into the previous resistance level –RM4.87…immediate support at RM4.45 – 4.56…lower support at RM4.00… current support ...