fcpo has yet come to a tight range consolidation...as I am a breakout trader, I am anticipating a breakout to either side, upside or downside also will provide some trading opportunity... current support : 2420 lower support : 2400 current resistance : 2470-2474
not looking gud for fkli as more lower-highs are formed in hourly chart...IF the breakout of 1486-1490 happens, we shall see more selling pressure...the gud news is, june is " windows-dressing" month...so probably we will see some uplift during the last few days of the month.. immediate and critical support : 1486-1480 immediate resistance : 1515 - 1520 ...
top 20 jewels frm a very popular local bank... technical : let's look at some price action... johore tin has been trading sideway since 2017...now it is trapped in a possible "head-and-shoulder" pattern with the neckline formation at RM1.38... current support : RM1.38 lower support : RM1.28 resistance : RM1.62 - 1.76 Overall, johore tin is still in...
top 20 jewels frm a very popular local bank... technical : let's look at some price action... after a huge "head-and-shoulder" pattern, hibiscs has been tru a gap down in mid-March, and a slow, rebound has occurred... recent move, hibiscs is in asymmetrical triangle pattern, breaking to the upside is RM0.71-0.76 resistance while to the downside, is the RM0.55...
uptrend persists...might test resistance 1620-1640 soon... overhead resistance : 1616-1620 higher resistance : 1636-40 support level : 1587-1595 psychological support : 1600
gap up go up scenario tdy... support : 2580 -2560 resistance : 2620-2630... higher resistance : 2690-2700
hi, this is trade 85) frm haidojo trading. fcpo-oct has emerges and becomes the new active month...so if you have traded fcpo long enuf, u must know then onli trade the third active month...the resistance 2560 has officially not broken yet...so we wait for : 1) IF the price move back to retest the 2560 and failed, THEN we have a Double-Top formation, indicating...
reaching the 1st support level --- 1587 -1590... 1) long 1587, 1st tp 1606, 2nd tp 1616 This is trade no 83) frm haidojo trading. this is one of the trade in the last 2 possible trades...fkli-july din make a Double-Top as expected...reaching the 1st support level at 1587-90... or if you can wait, the second support level at 2560-2555... support level :...
this is trade 84) frm haidojo trading..as predicted earlier, fkli has broken below the 1587 and went very close to the 1555-1560 level, but not touching it... so now after breaking tru 2 level of supports, which are 1587 and 1570 (I have to confess, I totally missed this)...now price has found a new support level at 1563...somewhr in between 1560 and...
hi, this is trade 81) frm haidojo trading. I am presented with 2 possible trading opportunities in fkli-july... 1) for a possible counter-trend trade, if formation of Double-Top happens near 1616-1620, and RSI OB(Overbought), then go for short with the 1st tp near support level 1580, 2nd tp near 1560...make your SL possible like 5-10pts abv entry... 2) if you...
still uptrend, reaching the 1st resistance -2560... might retest the next level at 2630...or retraces back to previous resistance-turn-support, 2476-2500...the end of fcpo-sept, new active month is fcpo-oct... current support/resistance : 2560 higher resistance : 2630 lower support : 2476 - 2500 psychological number WARNING :THIS IS FOR...
this is trade no 80) frm haidojo trading... bearish divergence is formed in daily chart for fkli-july so it is possible a signal for reversal... fkli is facing resistance for 1620-1640 range... current support level : 1580 lower support level : 1560 thr is no confirmation shift of trend yet...therefore shorting the market seems to be a bit too...
this is trade 79) frm Haidojo trading...fcpo-sept has broken to the upside to test further resistance frm 2560-2630... full steam ahead...! with 2 more days before the exchange date on 16th of the month, so I guesss the price is going to go wild... overhead resistance : 2560 -2630 support : resistance-turn-support 2474-2500 psychological number market is...
this is trade no 78, an added info to the same fcpo chart... introducing a breakout killer - "false breakout"...today false breakout has yet shown its ugly head again...if you trade a breakout strategy then you need to add extra filter to eliminate those bad trades...well, I have found one...hehehe...let's share yours if you got one...tell me in the comment...
fkli continues its uptrend, despite having some political issues in the Parliament...which is not suitable to be discussed here...however, for most of South-East Asia's countries, politic cannot be separated from its economy...that's the hardcore facts... current resistance : 1620-1640 support : 1587-1600 strong support : 1556-60 I am no expert, but I am...
this is number 76 trades which I have discussed here, in tradingview. in normal condition, IF you see formation of sequences of higher-highs and higher-lows then it is most likely the market is going to break to the upside...watch out for : current resistance : 2434 higher resistance : 2474 (the "head" in a possible "head-and-shoulder" pattern) strong...
fcpo finally gave a breakout on last friday, breaking through the immediate resistance frm 2400-2420...uptrend continues resistance : 2470 next level resistance : 2580- 2600 support level : 2440 lower support level : 2400 - 2420 pls give a like and follows, thx
normally, I dun use indicator as buying or selling signal...juz use them as tools to check trend...try this one, Moving Average-200 day for checking fkli daily chart...SMA works better, but this one juz fine... EMA normally goes with lower timeframe.... leave me a message if I were wrong... look like the bull and bear are still playing "tug-of-war" between...