HAIDOJO_trading

HAIDOJO_trading

this is haidojo and the number is 294 ... after the recent rally, bull has its grip back. Till yesterday, it has gone back to the previous level at 4400... so the next level we are looking at is, the previous high in mid-may 2021, and also the highest price ever in fcpo since 2008...4430-4525 if it falls back for consolidation, we shall see some support ranging...

HAIDOJO_trading

this is number 293... after breaching below the strong 1550 support level, fkli july has been trading below it since...the recent move is...hovering below 1515 and reached low at 1500...1534 has to be breached to confirm a reversal...till then, still a sideway market with bear in charge...bull has lost its fight and not sure when it will return... IF you are keen...

HAIDOJO_trading

this is haidojo and the number is 292 ... First of all, my apology for the delayed episode...heavy duty... after a full-raged bear tore down fcpo on 14th June last month, fcpo-sept has been slowly and gradually step up..till now...right at the crossroad... IF fcpo-sept emerges higher than the current resistance ranging frm 3880-3950,THEN higher-high is...

HAIDOJO_trading

this is number 291... another advanced pattern discovered side-by-side to the earlier advanced pattern, bearish cypher pattern...this is a bullish bat pattern...\ entry level is the controversial 1550 ---super strong support, also the indicator of sideway or bear market...entry is possible at 1552, SL below 1545, 1st tp 1570...no 2nd tp...haha...not sure if it is...

HAIDOJO_trading

this is number 290... this is a late discovery...I actually forgot to post this online...sorry for all inconvenience caused...the discovery is bearish cypher pattern, a small pattern which happened on 14th june 2021...short position at 1586-88, SL abv 1593, 1st tp 1572, 2nd tp can hold till "stop-and-reverse" position at 1552, it is at this point whr we might have...

HAIDOJO_trading

this is number 289... gud news is, both the previous advanced patterns hit their targets...(check back 286 and 285 for detail) bad news is, fkli-june is still in sideway market... If u play with trending strategy, this is the worst case scenario to work with...however, advanced patterns could save the day... as the saying goes " consolidation breeds advanced...

HAIDOJO_trading

this is haidojo and the number is 288 ... after hovering for about one week at the strong support 3876, price rebounded frm bottom and reached 4080 new support. However, the price is still in sideway...either it will retest higher resistance ranging frm 4200-4260, break abv it, and retest 4420-4520... OR, the price could move downward to strong support 3876,...

HAIDOJO_trading

this is haidojo and the number is 287 ... welcome fcpo-aug and gudbye fcpo-july! after hitting the historical high last week wednesday at 4525 on 12th may 2021, this is the highest point fcpo ever reached in at least the past 13 yrs...! Ever since 2008, fcpo finally reached back to this level together with the commodities boom which is happening...

HAIDOJO_trading

this is number 286... as a continuation frm previous 285) episode, I would like to suggest another advanced pattern to look at, a bullish bat pattern... the formation of leg D is possible at the critical support near 1550, which is at 1553-1548... SL can put a few points below that, 1st tp 1575, 2nd tp at 1586... So, by putting the 2 advanced patterns together, we...

HAIDOJO_trading

this is number 285... it is unbelievable...but 1550 support still holds...the longer the price lingers in this region, the higher the chance of the fkli-may to rebound... for real...now we might have a small chance of trading sideway market...a bearish gartley pattern...it is actually a deep gartley... short position at 1586, SL at 1590...a really tight...

HAIDOJO_trading

this is haidojo and the number is 284 ... after going tru sideway for almost two-weeks, finally we have a breakout to the upside for fcpo-july... we have 2-days of holidays ahead next week for Raya festival and then the end of fcpo-july... then comes fcpo-august on 17th May 2021... so, the point is, long on retracement is something probably I will be doing in the...

HAIDOJO_trading

this is number 283... resuming the analyst frm the previous month, it is proven that the false breakout on 26th Apr was a mere "window-dressing" of the month... right after that, fkli-apr and fkli-may are in total downtrend...today, it has broken below the support of 1593... now that 1593 has turned into resistance already...the next level of support is at...

HAIDOJO_trading

this is number 282... leg X of the gartley pattern is violated, so this pattern is no longer valid... next move we are anticipating the market to retraces back a bit before moving higher to 1634 resistance... so let's see what is going to happen...the trend has reversed into uptrend... even though it could juz be an end-of-the-month window-dressing... however,...

HAIDOJO_trading

this is haidojo and the number is 281 ... PS : personally, I dun trade advanced patterns in fcpo bcox : 1) thr are too low frequency of the happening...it is a mere of 6-8 trades per year...(hourly timeframe) 2) the risk factors in these kind of trades a too big for my account...and I dun like the risk rewards... so this advanced patterns in fcpo is just for an...

HAIDOJO_trading

this is number 280... the bearish bat pattern is still ongoing, but now it is added with another possible short position --which is a bearish gartley pattern... short position entry is possible at 1612, SL abv that level...1st tp at 1594, 2nd tp at 1576... of course, that is my opinion...this is not a buy call or sell call...pls do not follow... that's...

HAIDOJO_trading

this is haidojo and the number is 279 ... after almost one month of absent, finally I come back with some discovery...it is possible a reversal signal for fcpo...! after retesting the high of 4060-4100 failed, fcpo-july has been facing some selling pressure today...at closing, it has dropped more than 100pts frm its peak at 4084! and we can see a formation of...

HAIDOJO_trading

this is haidojo and the number is 278 ... so after some waiting, no advanced patterns, and sideway has retreated...now uptrend is back... bull has gained its strength and long on retracement is the best offer frm market now...careful with full-force dropping! enter only when the market starts to slow down...don't catch "a falling knife" ! that's all... *plan...

HAIDOJO_trading

this is number 277. first of all, previous bearish bat pattern is invalid bcox the leg A is violated... now the most current one is ...still a bearish bat pattern...after the impulse leg X and A, then we have leg C formation which forms a higher-low, therefore bearish bat entry at 1606, SL abv 1612, 1st tp 1585, 2nd tp 1576... see how this work out bcox the...