HAIDOJO_trading

FCPO TRADING : 273) at the crossroad

MYX:FCPO1!   Crude Palm Oil Futures
this is haidojo and the number is 273 ...

gudbye fcpo-may and welcome fcpo-june...as the new fcpo has arrived, it is still unaware which direction it is going...
for the past 2 days, fcpo has been trading lower...but as long as the previous higher-low is not violated, then we still regard this is as a
continuation uptrend...previous higher-low to observe is ranging frm 3820-3870...if this level is violated, then trend has reversed...
till then, long on dip/retracement...

*plan your trade and trade your plan... gud luck*

higher resistance : 4334 - 4486 (high in 2008)

current resistance : 3890 - 3967 (high in 2011)

support : 3830-3880 (resistant-turn-support)

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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