Crude Palm Oil Futures forum
FCPO1!
MY HARD LEARN
1) When first breakout especially after compression dont SELL straight away
2) Look for pullback
3) Enter after break first candle
its to avoid fakey movement
1) if fakey happen, close strong candle, wait second candle, if close above breakout candle..straight join the flow...if show weakness wait for pullback and other strong candle to break bo candle
MY HARD LEARN
1) When first breakout especially after compression dont SELL straight away
2) Look for pullback
3) Enter after break first candle
its to avoid fakey movement
1) if fakey happen, close strong candle, wait second candle, if close above breakout candle..straight join the flow...if show weakness wait for pullback and other strong candle to break bo candle
FCPO1! Palm oil price will be going toward 3500 Ringgit after break 3765 Ringgit support. If Asian tension lingering, we will see the price toward 3200 Ringgit.. US soybean oil price also down trend. possible Price will come near $44.
FCPO1! Palm oil price will be settle here for now..Next few days price will be going for some high because of Soybean oil price wil trade in range.
FCPO1! Long TP at 4125
FCPO1! Weakening sell volume at support H1/H4/D. Potential long to above bearish engulfing resistance. Or next resistance.

FCPO1! Strong sell M30/H1 on previous bearish move. Sell at when price retrace to H1/H4 resistance.

FCPO1! Buyer getting stronger - break resistance with substantial volume. Potential Resistance becomes support (RBS).

FCPO1! Diminishing buyer at SBR.

FCPO1! After.... up to 90 ticks down.
