FCPO Analysis Update 31/10 - 4/11/2016

Assalamualaikum & very good day.

Last Week Recap.
Price did shoot up as predicted on Monday and start consolidated for the next 4 days last week. (A tough day to trade as it performed as Harami).

Next Week Opportunity.

I want the price to break either upper side or lower side of Harami's mother candle before making any commitment.

On bigger picture, FCPO chart shows us that the inverted HnS pattern is on the card and cannot be taken lightly. I may put bigger weightage on Long opportunity rather than Short opportunity for now on.

Personal Coaching.

Right now, I'm in the midst of coaching 1 guy who lost much in FX due to sudden drop in GBPUSD last 2 weeks. It's hard to re-train person with some experience in market. Hopefully I can make it.
It's not the knowledge that is difficult. It is Habit, discipline and muscle memory that are hard enough to re-develop, re-compose.

FCPO Analysis Update 24-28.10.2016

Assalamualaikum & very good day everybody.

Last week, FCPO creates big gap on Monday, followed by bullish candlestick as anticipated. However, once it touched 2800, it did some sharp reversal until Daily candle showed Engulfing pattern and move lower down to 2691 before recover on Friday ends.

Lets take a look on chart for this week. Looks like the signal is mixing (CS vs Others). Either way can be. Chart wise, it is still on Bullish tone.

FCPO Update Analysis 17-21.10.2016

Assalamualaikum and Good day fellas.

Last week analysis was short-lived and price started to climb up on Tuesday, hitting our stop loss. (entry was hit below red arrow)

It was proven that Bear failed to punch the bull and surrendered. We did some damage control by reversing the position (according to the trading system) and recoup the losses.

Enough for last week.

Let see what market has to offer for next week.

Weekly

Daily

Potentially, it will test the Red zone again (SoyOil did some push up on Friday night, so expect a gap up on Monday). Do Not rush in following the gap. Relax. Buy on weaknesses, according to the plan.

For me, it is a little bit stress for October, since I increase the lot (double it up) starting this month after the capital growth tremendously since last 3 months. Nevermind. Just follow the plan. 

How about you?

Till then, Happy trading. TAYOR.

FCPO update analysis for 10-15.10.2016

Assalamualaikum & very good day fellas.

As anticipated, 3 out of 4 candle last week ended up as a bearish candle.

Lets take a look on FCPO market this week. My take, it may gets some breath before continues it's journey to the south. The barrier it needs to break is support at 2547-2538.

When I try to read the chart - I write it down of what I see. By doing that, at the end of reading - I can summarize it whether it is more towards bearish / bullish. From that point, I need to wait for the trigger to come in and act accordingly.

This approach was first thought to me by Cikgu Khalid Embong or known as Goldfinger in the forum many years ago. When I attend the class conducted by WR (as a refresher) -the same approach was thought there. haha. what a coincidence. Important point is - WRITE IT DOWN!.

So, you choose yourself - your trading strategy must be simple enough for you to trigger. Either you want to trade both direction or waiting for the trigger in the direction you analyse, it is up to you. Either way can make money. Trade wisely.

Weekly

Daily

FCPO Analysis 3-7.10.2016

Wake me up when September ends.
Enjoy the video ya guys.
What I did in September - as per video

OK, lets take a look on September result. Here is the result from 1 of my system (Swing system bujal style).The swing system is running on tf30. It can be run on Daily or Tf 5 or whatever tf you want, depends on your own time and flexibility.

For me, enough on TF30 & Daily.

Lets take a look on next week trading plan. What it has to offer us?

Weekly 

Daily

Please do your own due diligence prior taking decision to buy or to sell ya.
Our primary task as a trader are to make money from market.

Till then, Happy Trading.

Kalau nak jadi student saya, saya akan buka kelas tahun 2017 nanti. Nak ajar 10 orang aje. 1 tahun punya coaching. RM5000 untuk setahun ( RM13 sehari). Kalau dalam masa 1 tahun tu tak boleh paham lagi apa yang saya ajar dan masih tak boleh buat duit dari market, kita pulang balik duit tuisyen tu. Syaratnya, kena siap siap modal untuk trading dalam akaun sendiri (RM15 -  20K). Kami akan ajar anda, sehingga tahap anda boleh beri signal kepada cikgu dan cikgu akan ambil trade berdasarkan signal awak. amacam? Berani? - Fokus adalah kepada market FCPO.