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USD Malaysian Crude Palm Oil Calendar FuturesUSD Malaysian Crude Palm Oil Calendar FuturesUSD Malaysian Crude Palm Oil Calendar Futures

USD Malaysian Crude Palm Oil Calendar Futures

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CPO1! trade ideas

Overview of the FCPO Market on 22 November 2024Bearish Momentum Across All Timeframes The FCPO market on 22 November 2024 exhibited strong bearish control across daily, hourly, and intraday charts. Breakdowns below key support levels and rejections at resistance zones highlight sellers' dominance. Swing and Intraday Strategies Favor Short Positions The technical analysis supports a short-selling approach, with entry opportunities near resistance zones (4,700-4,750). Targets for swing traders are around 4,600, while intraday traders can aim for 4,620, with tight stop-loss management above 4,800. Potential Reversal Hinges on Key Support Levels While the daily bullish trend isn't entirely invalidated, continued pressure from external factors like rising inventories and weak export demand suggests further downside. A reversal requires a confirmed bullish setup, which remains absent. See full analysis from Master FCPO Trading website.
MYX:FCPO1!Short
by AbuOthman2020
FCPO Daily Analysis for 21 November 2024: Drop and ReverseThe FCPO market on 21 November 2024 highlighted the intricate dance between trend-following strategies and counter-trend opportunities. While the daily chart hints at a pivotal moment for the broader trend, the hourly and 5-minute charts revealed the nuanced dynamics of intraday reversals. As we gear up for tomorrow, staying vigilant around support and resistance levels will be crucial. With the right blend of patience and decisiveness, traders can navigate the next session effectively. Remember, the market rewards preparation and punishes hesitation—stay sharp and trade wisely! Read full article from website Master FCPO trading.
MYX:FCPO1!Long
by AbuOthman2020
FCPO Daily Analysis for 20 November 2024 - Bearish Run!Today’s FCPO market action underscored the importance of aligning with the dominant trend across timeframes. While the daily chart remains in a bullish structure, shorter timeframes paint a bearish picture, suggesting caution for swing traders and opportunities for intraday sellers. As we move into tomorrow, traders should remain agile, focusing on pivotal levels and watching for potential reversal signs. With weaker export data adding to bearish momentum, the market may test lower levels before regaining strength. The FCPO market is never static, and today’s price action was a stark reminder of how quickly sentiment can shift. Stay disciplined, follow your trading plan, and be ready to adapt as new patterns emerge.
MYX:FCPO1!Short
by AbuOthman2020
Analysis of FCPOG2025 – Palatau PerspectiveCurrent price action suggests that FCPOG2025 is navigating through the Accumulation Phase, as outlined in the Wyckoff methodology. Key schematic events are marked on the chart to provide clarity. 1. Wyckoff Schematic Overview: The sequence begins with the Selling Climax (SC) and progresses through a Spring/Shakeout (ST) phase, followed by an Automatic Rally (AR). Recently, the price tested an Upthrust (UT) but failed to sustain momentum above the key resistance level of 4961, signaling potential bearish continuation. 2. Anticipated Price Movement: With the failure at the UT, the price seems inclined to seek lower levels. A plausible downside target is the nearest support around 4799, where buyers may step in. 3. Entry Strategy: To capitalize on this movement, traders should identify a Local Trading Range (LTR) on the lower timeframes to refine entry points. This approach helps minimize stop loss levels while optimizing risk-reward. Another entry opportunity may present itself during a Last Point of Supply (LPSY) event, should the price exhibit a bearish rejection at a resistance level. 4. Risk Management: As with all trades, position sizing and margin management are critical. Carefully monitor price action, especially in the identified trading ranges, to avoid excessive drawdowns. 5. Profit Target and Stop Loss: Profit Target: Around 4799, aligning with the identified support level. Stop Loss: Placed just above the recent highest UT zone (5093) or the new resistance formed within the LTR, depending on your entry point. Disclaimer: This analysis represents a personal trading idea based on the Wyckoff methodology and is shared for educational purposes only. It is not a guarantee of future performance, and trading always involves risk. Please perform your own research and consult a financial professional before making any trading decisions. Always trade responsibly and within your risk tolerance.
MYX:FCPOG2025
by baddrifhamzi
FCPO Daily Analysis for 19 November 2024 - Support vs ResistanceThe FCPO market on 19 November 2024 was a blend of technical corrections and fundamental influences. The daily timeframe highlights overbought conditions, with the market testing support levels. The 1-hour chart illustrates a pullback at mid-term levels, balancing between support and resistance. Lastly, the 5-minute timeframe shows how intraday traders navigated a gap-up reversal. Tomorrow’s trading strategy should revolve around key levels identified today, emphasizing disciplined risk management and alignment with broader trends. By staying adaptive, traders can capitalize on the market’s dynamic nature while protecting their capital. See full analysis from Master FCPO Trading website.
MYX:FCPO1!
by AbuOthman2020
Navigating FCPO Market Trends: FCPO Daily Analysis for 18 NovembToday’s FCPO market reflects a complex interplay between technical trends and fundamental factors. On the daily timeframe, the market's overbought condition and contract transition phase signal indecision. Meanwhile, the 1-hour chart confirms a mid-term pullback, and the 5-minute chart reveals bearish control over intraday movements. For tomorrow, swing traders should watch for pivotal price levels and consolidation zones, while intraday traders can capitalize on pullbacks in alignment with prevailing trends. Remaining vigilant and adaptable will be key as the market navigates through this transitional period. By staying informed and analyzing multi-timeframe trends, traders can confidently approach FCPO’s dynamic market, maximizing opportunities while mitigating risks.
MYX:FCPO1!Short
by AbuOthman2020
FCPO Daily Analysis for 15 November 2024 -Bullish Signals Amid DFCPO market demonstrated strength on November 15, 2024, across all major timeframes. The Daily chart shows a completed pullback with signs of bullish continuation, even as RSI approaches overbought levels. The 1-hour chart highlights robust support from moving averages and a confirmed CPR pivot, which bolstered intraday buying confidence. Finally, the 5-minute chart reflects intraday resilience with CPR support holding firm, paving the way for a rally during Friday’s session. Looking ahead, the bullish momentum appears set to continue, supported by both technical indicators and recent fundamental news. Traders are advised to maintain a bullish bias, focusing on pullbacks to enter long positions at key support levels. The overbought RSI suggests exercising caution with trailing stops, while fundamental news should be closely monitored to anticipate any shifts in sentiment. This analysis provides a strong case for the FCPO market to sustain its uptrend. By combining technical insights with market news, traders can approach tomorrow’s session with an informed and strategic mindset. See full chart from Master FCPO Trading website.
MYX:FCPO1!Long
by AbuOthman2020
FCPO Daily Analysis for 14 November 2024: Technical Insights andFCPO market on 14 November 2024 demonstrates a strong bullish trend with minor consolidation phases across multiple timeframes. The daily chart suggests potential overbought conditions, but the bullish momentum remains intact. On the 1-hour chart, dynamic support from the moving average ribbon reinforces this trend, though CPR resistance warrants caution. The 5-minute chart confirms intraday support, with the market testing resistance as traders look for further bullish confirmation. With today’s analysis in mind, traders should watch key support and resistance zones on both the 1-hour and 5-minute charts. A breakout above the CPR pivot would strengthen the bullish outlook for tomorrow, while failure to breach resistance may signal temporary consolidation. Employing a balanced approach between aggressive and conservative strategies will help navigate the FCPO market effectively as it responds to both technical setups and underlying fundamentals. Read full analysis from Master FCPO Trading website.
MYX:FCPO1!Long
by AbuOthman2020
FCPO Daily Analysis for 13 November 2024 - Correction?In summary, the FCPO market on 13 November 2024 presents a mixed technical landscape: Daily Chart: Overbought with sellers in control; potential pullback. 1-Hour Chart: Bearish sentiment below CPR with dynamic support at the MA ribbon. 5-Minute Chart: Oversold indicators suggest a possible intraday bounce, but caution is warranted. Overall, traders should approach tomorrow’s FCPO market with a balanced view. Swing traders might look to capitalize on the overbought conditions in the daily chart, while intraday traders can take advantage of short-term oscillations. News events could amplify volatility, so staying updated on economic developments is essential. The FCPO market continues to offer compelling trading opportunities, with technical indicators providing clear guidance on market direction. Patience, discipline, and a close eye on support and resistance levels will be key to navigating the FCPO landscape in the coming days. Read full analysis on Master FCPO Trading website.
MYX:FCPO1!Short
by AbuOthman2020
FCPO Daily Analysis for 12 November 2024: Insights & StrategyToday's FCPO market displayed resilience amidst mixed signals. With reduced stock levels and higher exports fueling optimism, technical indicators now suggest a potential consolidation before the next big move. Swing traders should aim to capitalize on pullbacks, while intraday traders can look for high-probability entries on breakouts or rejections at key levels. Tomorrow’s market is likely to be driven by follow-through from today’s volume levels and any new developments related to export data. Staying agile and adaptable in this environment will be crucial for traders aiming to capture profitable moves. By balancing technical indicators with market news, FCPO traders can navigate upcoming opportunities with greater confidence. See full analysis on Master FCPO Trading website.
MYX:FCPO1!Short
by AbuOthman2020
FCPO Market Overview for 11 November 2024FCPO market on 11 November 2024 reflected a blend of bullish technical patterns and supportive fundamentals. The decline in Malaysia's October palm oil stocks adds to the bullish case, reinforcing the idea that supply concerns could keep prices elevated. The daily chart’s uptrend remains intact, though the 5,200 level continues to act as a formidable resistance zone. For tomorrow’s trading session, monitoring price action around 5,200 will be crucial. If this level breaks with volume, it could signal a continuation of the rally. However, if selling pressure persists, expect a potential consolidation or slight pullback to retest lower support levels, presenting strategic entry points for both intraday and swing traders. As we await the next trading day, these technical insights and the latest news serve as a foundation for developing robust trading strategies in the ever-volatile FCPO market. See full analysis from Master FCPO Trading website.
MYX:FCPO1!Long
by AbuOthman2020
FCPO Daily Analysis for 8 November 2024 - Strong Bullish TrendsThe FCPO market on 8 November 2024 exhibited sustained bullish momentum across multiple timeframes, driven by robust demand expectations from Indonesia’s biodiesel policy, supportive global edible oil prices, and resilient technical levels. The daily chart reflects strong upward trends, despite an overbought reading, while the 1-hour and 5-minute charts align with this sentiment, offering actionable pivot points and dynamic support levels. External factors, such as the expected increase in biodiesel demand, global supply forecasts, and the ringgit’s strength, add further complexity to the market’s outlook. Despite the potential for minor pullbacks, today’s market behavior underscores a positive sentiment that could extend into the coming week. In preparation for 11 November, traders are advised to monitor pivot levels and dynamic supports, leveraging the Moving Average Ribbon as a guide. While the bullish trend remains intact, vigilance around key resistance points will be essential in navigating any reversals. Visit Master FCPO Trading website for full analysis.
MYX:FCPO1!Long
by AbuOthman2020
FCPO Daily Analysis for 7 November 2024: Continue Bull RunThe FCPO market on 7 November 2024 demonstrates resilience, buoyed by supportive supply-demand dynamics and recent news. The daily chart confirms a bullish trend, while the 1-hour and 5-minute charts provide tactical insights for range-bound and intraday traders. With the Malaysian Palm Oil Board data set for release on 11 November, traders should stay informed about potential market-moving news. In the meantime, strategic entries near support levels and cautious exits at resistance can yield profitable trades in this environment. The FCPO’s performance today underscores the importance of adapting strategies across different timeframes to maximize profit while managing risk. In summary, while the FCPO market remains bullish in the longer term, tomorrow’s trading may offer both continuation and range-bound opportunities. By following key technical levels and adapting to market developments, traders can make the most of the ongoing uptrend and potential intraday fluctuations.
MYX:FCPO1!Long
by AbuOthman2020
DEMAND AREA & INSIDE BAR BREAKOUTHello everyone.. today I want to show you how I set up my entries. Based on my experience and analysis, you can check out this video to follow along. First, on the larger timeframe, we see that price has made a pullback in the demand area. Every time there is a big price movement like this, you can mark it as a zone like I’ve shown. Switch to the line chart, and you'll see the demand area there. Once you’ve marked the zone, don’t enter immediately. Go to a smaller timeframe to see what’s happening. On the 1-minute timeframe, there is an inside bar breakout. Wait for the candle to close with a full body, and then enter. The same goes for the two zones I’ve marked. Keep practicing to sharpen your eye for these setups!
MYX:FCPO1!Long
by hafizthalatha86
BREAKOUT STRATEGYThe way to use the inside bar candle together with SNR (support & resistance) zones is by waiting for an inside bar to form near the SNR zones. When the price breaks out from the inside bar, open a position in the direction of the breakout, but ensure it aligns with the reaction at the SNR zones. If the breakout occurs at the resistance zone, consider entering either a continuation or reversal trade, and similarly, if the breakout happens at the support zone, consider entering.
MYX:FCPO1!Long
by hafizthalatha86
FCPO Daily Analysis for 22 October 2024 - A Detailed LookFCPO market was driven by a combination of bullish technical patterns and positive external news. The breakout from the symmetrical triangle on the 1-hour chart signals a potential trend reversal, and the market's ability to maintain its gains throughout the session suggests that buyers are firmly in control. However, the RSI levels indicate that the market may be entering overbought territory, and traders should be prepared for a potential pullback in tomorrow's session. For tomorrow, the strategy is to wait for a pullback to key support levels, monitor the RSI, and look for confirmation of the bullish trend. With global demand on the rise and output forecasts declining, the FCPO market is poised for further gains, but traders should remain cautious and keep their risk management strategies in place.
MYX:FCPO1!Long
by AbuOthman2020