FCPO Week 7 2025: Bullish.Price is bullish as expected. At the current level a retracement towards 4550 would be nice. From that level another push higher is expected. Immediate target is around 4720 area.
FCPOU2021 trade ideas
16) FCPO : uptrend resumes...update frm 15), price frm fcpo-apr has resumed to break to higher-high, above the previous 4400-4420, making the uptrend continues higher at 4600 now (close to). Previous resistance is now the support level, which is 4500-4540. The overhead resistance ranges frm 4630-4650.
IF the market is aggressive(since fcpo-apr ends this week), THEN it will hit the 4630-4650 immediately and go further up.
IF the market is slow-ish, THEN it will lower back to 4500-4540 and play some tug-of-war with bear but Bull is still the major preference. OR tangling between 4540 -4630 region.
IF market falls below the critical 4490(4487 to be precise) which is also the previous higher-low, THEN market has probably reverses.
That's all for tdy. Happy Thaipusam and hapi holiday. Happy hunting.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
FCPO Week 7 2025: Go long.Price did go higher as expected. Expectation next week is for price to continue higher to target 6440 price area. There is some resistance at the current price area and the area above. So there might be some retracement before price continue higher. Overall is bullish.
FCPO1! PUSHING UP AFTER BOS, POTENTIAL TO MOVE TO SUPPLY NEARBYSOY BEAN 4h channel and potential towards completing the triple bottom pattern
19) FCPO : uptrend resumes...???update frm 16), price frm fcpo-apr has come to an end. Fcpo-May will appear next MOnday, 17-21st Feb 2025. What happened last week was unpredicted. Price gapped up to 4640-4700 then sank lower to the 4630-4650 range. The next day, it gapped down 30pts to 4620 and fell to 4540, then rebound back to 4630...
IF the market is aggressive drop, THEN it will hit the 4540-4490. IF market falls below the critical 4490(4487 to be precise) which is also the previous higher-low, THEN market has probably reverses.
IF the market is slow-ish, THEN it will lower back to 4600-4540. IF the market continues bullish, price has to break abv 4600-4630, and retest the latest high at 4700.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
FCPO Week 6 2025: Bullish.Expecting for price to go higher this week. Target for the week is around 4550 area.
15) FCPO : uptrend persists this week update frm 13), price frm fcpo-apr has broken abv the previous HL, 4280 on 28th and 31st Jan 2025. Again, I have missed some really exciting moves bcox of my absence in holiday. Price might move back to 4300-4330 or even 4280 IF it is a deep retracement, form some kinda base thr and rebound.
price could oso gap up further around 4420-4480 as bull pushes further, after testing 4400-4415 tdy. previous Higher-Low was at 4265-4255 and IF this level is broken, THEN the trend has reversed.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
FCPO - 3/2/2025 - SELL/SHORTBased on BBMA technical analysis, I see a selling opportunity for FCPO.
This is purely a scalping trade. Please ensure proper money management.
Thank you.
13) FCPO : bull and bear are playing tug-of-warAs I continue frm the previous 11), I quoted that fcpo might test the 4280 soon. Well, this wasn't the case for last week, 20-24th Jan 2025. fcpo was trading within the range frm 4135 - 4280. Although price had fallen frm 21-23rd Jan, market has rebounded in the last minute, which was on the Friday, 24th...so it is possible that a reversal has happened.
Price moving above 4280 will confirm a bullish comeback while price below 4135 indicates a bearish move that eventually hits 4100 and 4000.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
FCPO - Correction in progressTrend : Uptrend
Current Wave : Wave 1 to Wave 2
Note: If the counting is right, the minor wave is currently moves toward Wave C to complete Wave 2. I am sure the Wave C is not yet finished. Thus we need to wait until we see a reversal structure to confirm the completion of Wave 2. At this moment the corrective wave structure forming just a simple ABC. If the correction wave become complex, we may see a combination of correction wave pattern (3-3-3 or 3-3-5 or 3-5-3). Just sit back and relax.
This is only my point of view. Not a recommendation to buy or sell.
Just sharing the idea only.
TAYOR
FCPO Outlook: Key Levels and Strategies for the Week AheadRecent Market Overview
MYX:FCPOJ2025 MYX:FCPOK2025 MYX:FCPO1!
The market, both for outright contracts and spread contracts, has shown significant signs of consolidation recently. As such, I believe a comprehensive analysis is necessary to identify contracts worth monitoring, key price levels to watch, and whether the market leans bullish or bearish in the near term.
April Contract
From Friday’s daily chart closing price, it seems that the price has found support around 4,130 points. However, the overall trend remains bearish, as evidenced by a clear double-top pattern, a break below the neckline, and two retests of the neckline on the daily chart.
I foresee two possible scenarios for the upcoming price action: consolidation or continued decline. If the market consolidates, the range will likely be between 4,120 and 4,500 points. If the market continues to decline next week, I expect resistance around the 4,000-point level, which is approximately 300 points below the current price.
May Contract
Friday’s closing price on the daily chart suggests that the May contract has also found support around 4,100 points. The recent price action mirrors that of the April contract, showing a double-top pattern, a break below the neckline, and two retests of the neckline.
However, the 4,000-point support level for the May contract appears stronger than that of the April contract. Currently, the benchmark contract is the April contract. Does this imply that when the May contract becomes the benchmark (on February 17), the price will find support at 4,000 points and then reverse into an uptrend?
If my hypothesis is correct, the upcoming price action will likely involve a third test of the neckline and consolidation, as we await the May contract to become the benchmark.
Summary of Outright Contracts
Based on the April and May contracts, I anticipate a relatively stronger market next week, with a potential third test of the neckline around 4,500 points for the April contract.
Additionally, Chicago soybean oil futures showed no significant decline this week, closing at 45.72 points. The price still has approximately 3.30 points of room before hitting resistance at 49.00–50.00 points. If prices fail to rise and instead decline on Monday, a reassessment will be necessary.
APR25 - JUL25 Spread Contract
The daily chart for the APR25 - JUL25 spread contract shows a clear ongoing downtrend. The observed price range is roughly between 100 and 200 points, with Friday’s closing price at 122 points.
I do not find this contract appealing for entry. If outright contract resistance is at 4,000 points, the support level for this spread contract is likely around 100 points. With only 22 points of downside room to that support level, the risk-reward ratio is unfavorable for short positions. For long positions, the price must first test 100 points and show signs of reversal before considering an entry.
MAY25 - AUG25 Spread Contract
The daily chart for the MAY25 - AUG25 spread contract also shows a downtrend, though the pattern is less well-defined compared to the APR25 - JUL25 spread contract. Key support and resistance levels are estimated at 50, 100, 150, and 200 points. Friday’s closing price was 122 points.
Compared to the APR25 - JUL25 spread, I find this contract less favorable for trading due to its less distinct overall pattern.
JUN25 - SEP25 Spread Contract
The daily chart for the JUN25 - SEP25 spread contract also indicates a downtrend, with prices having tested the final support zone of 0–20 points. Friday’s closing price was 37 points, showing signs of a rebound.
The overall pattern appears relatively well-formed, and there is sufficient upside potential, with resistance levels at 80 and 150 points. If the outright contract price action aligns with my forecast for a rebound to the neckline, this spread contract could rise to 150 points.
Summary of Spread Contracts
After analyzing these three spread contracts, I believe the JUN25 - SEP25 spread contract is the most reasonable for a long position next week, followed by the APR25 - JUL25 spread contract.
If Monday’s price action does not align with expectations and declines instead, a reassessment will be necessary. I plan to enter a long position in the JUN25 - SEP25 spread contract on Monday. If prices reverse downward after entry, I will implement a stop-loss at 17 points. If outright contracts trend downward on Monday, I will refrain from entering the market.
FCPO WEEK 4 2025: SHORT.Price moved to the targeted level as expected even though it took a while to reached it. As of last week, bearish is still in control. Price is expected to make a retracement to fill up the gap and then continue lower to the first TP (TP1) before eventually reached TP2.
If you like or agree to this idea please give it a "Like" or a "Boost".
Cheers.
11) fcpo : play predict the market againinstead of super huge 4280 yesterday, I shall focus on what is happening now. price will fluctuate between 4170 -4200 and move higher to retest 4280 IF it is a real rebound.
...fcpo is a fast moving market, so before u know, it is ald testing higher and higher price at like 4400 and 4530...
IF it is not a real rebound, THEN u will see price descend lower to 4100 and 4000
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
9) FCPO : slipping down further by the time I am writing this, fcpo-apr has slipped down further to 4140...fcpo has gone tru a 100pts gap down on the exchange date and another two more gaps after that. My bias, fcpo-apr is oversold! of course, my bias, not the market. I tried to long the market three times and all losers. down 40pts++. maybe I should have stopped as my plan. when it hits 10% drawdowns. now it marks somewhere to 15%. maybe I should juz short the market when it looks like falling.
fcpo needs to challenge 4280++ to reverse the trend and now it is heading to 4000.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
Swing Failure of Bottom (FCPO)Hey Traders,
Above sharing is regarding a futures product (Crude Palm Oil) by Bursa Derivatives Malaysia. We have been testing out this product lately and found this product is respecting major trends and patterns flawlessly. So here is our plan for today.
For the past weeks, the supply of CPO has shown negative data and the trend is slowing down. We have seen a clear breakout of trendline and price has created a Higher High (Our 1st Confirmation of Trend Change) . We shall expect if the 4300MYR level is breached, the price shall continue rising to next 4400MYR. More plans soon regarding this product. Happy Trading!
7) FCPO : hit 10% drawdowns. what next?my earlier prediction that fcpo might go on strong bullish action has gone bad. three trades, two losses, one breakeven. now since I have hit the 10% drawdowns, I think I need to stop trading real ones and wait till Feb. let see how it goes. haiz. maybe I should set "stop-and-reverse" straight away. tmr is the last day of fcpo-march, at least break for one day first to cool things out.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
Main structureMain direction of fcpo structure analysis
cleaninb micro structure of fcpo for trend analysis
Bullish Signals and FCPO Entry Opportunities ? MYX:FCPO1!
MYX:FCPOH2025
MYX:FCPOJ2025
The March contract and the APR25-JUL25 spread contract both closed higher on Friday, at 4,391 points and 142 points, respectively. Based on the following analysis, I believe this is an opportune moment to enter a long position:
1. Strong Performance of Chicago Soybean Oil
Chicago soybean oil experienced a significant two-day rally, with a cumulative gain of 7.8%. Although the second session had not yet closed, this substantial increase—if not a sign of a sustained bullish reversal—will likely provide short-term support for the upward movement of FCPO.
2. Reversal Signals in the Spread Contract
The MAR25-JUN25 spread contract showed early signs of a reversal on Thursday. From past experience, spread contracts often reverse ahead of outright contracts. While this pattern is not guaranteed every time, when it does occur, outright contracts typically follow suit within one or two trading days.
3. Support Observed for the March Contract
Although the March contract did not reverse on Thursday, there was clear evidence of support around the 4,250-point level, which led to a closing price of 4,295 points. This suggests that bullish sentiment is beginning to emerge in the market.
Outlook and Strategy
Based on the daily charts of the March and April contracts, there appears to be approximately 150 points of upside potential to the next resistance levels—4,550 points for March and 4,450 points for April. Additionally, Chicago soybean oil closed with a strong 7.9% gain on Friday, contributing to an impressive 14.6% weekly increase. As a result, the March FCPO is expected to open at least 50 points higher tomorrow.
From a technical perspective, it remains unclear whether the market has entered a full bullish trend. Therefore, it will be crucial to closely monitor the chart patterns of the March and April contracts. Should the weekly charts close higher next week, it would strongly confirm the establishment of a bullish trend.
5) FCPO : let's play predict what will happen next weeknext week, 13-15th Jan 2025, is the last week of fcpo-march. fcpo-Apr will emerge on 16th Jan 2025.
-IF the price retraces back to 4350-4375 region OR lower at 4300-4320 region before bouncing higher. This will probably end up as tug-of-war between bull and bear. THEN, it will probably end up as a sideway pattern...
-OR a better bullish action is the price will move above 4400 -4425 immediate resistance, retraces back and bounces higher as a strong bull action.
-IF the price falls below 4330, the current support, THEN the price will move lower.
PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."
4) FCPO : first drawdowns in 2025...2 trades, 2 loses ...I am on the right direction but got stopped out bcox too early entry...short fcpo last night at 4374 and got gapped up SL at 4395 in the early morning, lose 21pts and then re-entry too soon at 4376, SL 4386 was hit immediately, lost another 10pts...
more frustrating is, fkli which I short at 1633 x2, were both gud winners but I took them out too early, making breakeven trades and not 25pts++ if I were to hold them both...hit my 1st and 2nd tp...1623 and 1618...
taking profit early is killing our trades unlike most guru out there who would say "taking profits is better than loss"...a big "NO NO'...imagine if I hold my trades and make the profits supposedly...they will buy back my losers frm fcpo and my account will still make a little bit profits and move a bit forward...
my solution to both my fcpo and fkli tdy is...RE-ENTER!
but I am not sure how many time? leave me a comment if you think re-enter could solve this problem...thx
#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia
Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling."
FCPO Spread Analysis: Mixed MovementsThe MAR25-JUN25 spread contract opened at 233 points today. During the morning session, the market dropped to a low of 191 points. However, signs of recovery emerged in the afternoon session, and the contract ultimately ended the day with a modest decline of 14 points, closing at 213 points.
The March contract opened at 4,361 points and trended lower throughout the morning. During midday trading, the price briefly surged to 4,425 points before resuming its downward movement. In the final session, the contract saw a small rebound of 31 points, closing at 4,373 points.
The spread contract settled at 213 points, and the March contract has yet to test the strong support zone of 4,120–4,150 points that I had anticipated. As such, I am holding my position for now. If the March contract drops into the strong support zone, I will exit immediately due to the potential for a rebound in the spread contract.
MYX:FCPO1!
