Assalamualaikum and Hi Traders! Price already break our validation level for bearish count yesterday. Looking forward to see price movement in classic 5 structure toward 3800-3900 area for this first motive sequence. Happy trading.
Hi traders! Key level = 3679 Critical level = 3760 Atas ke bawah? Ntah. Kita tunggu apa market nak offer hari ni. Plan A Bearsh Plan B Bullish Happy Trading!
Hi Traders! Update on FCPO market. Happy trading!
Hi Traders! Nothing new for FCPO for now. Still waiting for wave 4 to complete. Happy trading.
Stay away is the best strategy for now. Clarity is the key to consistent trading Happy trading!
Hi traders! False break out on yesterday morning session a.k.a BEAR TRAP. Kena lipat dgn market semalam. fuhh This is my trading idea and strategy for today. Happy Trading!
Hi Traders, Update for FCPO elliott wave count. Happy trading and stay safe.
Hi traders, We spot an opportunity to rejoin the bearish movement for final leg wave 5. Here is the setup. FCPOQ2021 (AUG 2021 Contract) Sell stop @ 3410 Stop loss @ 3545 TP @ OPEN Size = 1 Lot. CONDITION: 1. Cancel order if price break SL level. Trade At Your Own Risk
FCPO AUG 2021 CONTRACT ELLIOTT WAVE ANALYSIS 15/6/2021 Key level = 3913 Expecting wave 4 in play. Happy trading.
To feel the most accurate stress of intraday entry creation I've devided all figures with 4 to convert all value to RM.
Next day intraday preparation analysis
FCPO still in downtrend to retest area major support at 3654. We foresee market will reverse to create pull back to 3791 before continue downtrend to break major support. TQ!
FCPO break Ichimoku Cloud & trading below SMA 50 on 5 min chart. We expect price to reverse to SBR (Support become Resistance) at 3 places. We put sell stop order at 2 places & both trigger sell with total of 10 lots. Target profit at next support (TP1) also trigger. We will see if TP2 will trigger or not. Buy stop is few points above Ichimoku Cloud. TQ!
1) Placed a Long position @ 3668. Reason being price rebound from Support on upbar with high vol. 2) Price hit Entry before doing a Pullback. 3) Exited with 6pts (3674) as unsure about price direction.
Did a Short Trade at few points below the Support line (Entry @ 3657). Price did not go down further and instead bounce from Support. Hit SL.
- We went Long following the US Soybean Oil price movement. - Place our Buy Stop @ 3440 with TP @ 3450 (10pts) and SL @ 3434 (6pts). - Hit TP within less than 6 mins when our Entry triggered.
please refer to video
please refer to video