FCPO Trading Analysis for 27-30 December 2016

Assalamualaikum and very good day.

Last week we saw the CPO price did some bungee jumping (free fall) from its high of 3202 to the lowest of 3014 (support area).

My 1st attempt of buying was shot dead by the angry bear.
This week, I'm looking for another buy (if any).

Will this 2016 end it's December in different fashion compared to past years? who knows.

Wishing you a happy end of year & may the force be with you in 2017.
Happy holiday!

Trading Analysis Update 12-16 December 2016

Hi all,
I'll  combine the Soy Oil/Crude Oil / CPO analysis in 1 post starting from this week.
Hope you don't mind it.

Looking at bigger picture, all of these commodities showing inverted head and shoulder pattern and yet to complete.

Therefore, in my humble opinion, we should channel our trading capital into Long position whenever possible, based on our interpretation to the market.

FCPO Daily

Crude Oil Daily

SoyOil Daily

For Class update:-

I'decided not to continue with my plan to conduct class for time being due to restriction on my schedule + ehemehemmmm I'm expecting to receive another family member soon.

So, Lets enjoy the moment that we have for now.

Cheers.