Crude Palm Oil FuturesViés de baixa
FCPO TRADING : 250) downtrend persists, bear is in-charge
this is haidojo and the number is 250 ...
as for the new arrival of fcpo-apr, it still doesn't turn over the downtrend, which means, it is for real....not a quick retracement...
As for today, another critical support has been broken...a "higher-low" in daily chart...(needless to argue, if you don't trade this method, stick to your method)...
Significantly, it means, market will continue sliding down...fast or slow? you will know...
lesson learnt here is...when the market is on some kinda trend, dun go fight against it...unless, of course, if only the price-action shows u some
"clues"... 3320 support is officially broken...
next level of support is ranging frm 3145 -3200 (again, if u dun trade this method, stop wasting ur time arguing with me, stick to whatever plan u are doing)
*plan your trade and trade your plan... gud luck*
highest resistance : 3464 (might reverse bear trend)
resistance : 3320 - 3464
support : 3145-3200
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
as for the new arrival of fcpo-apr, it still doesn't turn over the downtrend, which means, it is for real....not a quick retracement...
As for today, another critical support has been broken...a "higher-low" in daily chart...(needless to argue, if you don't trade this method, stick to your method)...
Significantly, it means, market will continue sliding down...fast or slow? you will know...
lesson learnt here is...when the market is on some kinda trend, dun go fight against it...unless, of course, if only the price-action shows u some
"clues"... 3320 support is officially broken...
next level of support is ranging frm 3145 -3200 (again, if u dun trade this method, stop wasting ur time arguing with me, stick to whatever plan u are doing)
*plan your trade and trade your plan... gud luck*
highest resistance : 3464 (might reverse bear trend)
resistance : 3320 - 3464
support : 3145-3200
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
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