Here is my analysis for FCPO next week.
Candlestick show HARAMI pattern. As it is still below downtrend line, I'll more favor to SELL bias.
Pivot point stand at 2399.
Happy trading to all.
See also, in this post - Past week analysis using MACD and trendline. Using this 2 basic tool, you will also able to catch a good trade and minimize the losses.
Fundamentally,
Over past week, the data (news) shows that export declined by 20% (that is 1/5 man!), stock still high.
Tomorrow there will be another data for export coming out (1-20 export data).
My read : When the export data keep worsening, it will become like a spring....going up after a heavy pushing to down.
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2 comments:
Salam bro,
January 20, 2013 at 6:56 PMaku ni newbie dalam fcpo ni, harap dapat blaja kat blog ko ni :), btw nice info dalam blog ko, keep up the good work :)
hii, thnx for the info :)
January 21, 2013 at 10:20 PMPost a Comment