Highlights

FCPO Updates

Author: InvestorsDoctor   |   Latest post: Fri, 17 May 2019, 9:46 AM

 

Title Views Likes Comments Publish Date Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 8/1/2019 - Trade in range, wait for breakout

Author:   |    Publish date:




8/1/2019

 
*FCPO Mar 19*
 
Previous Close: 2160 -12
 
FCPO traded in tight range yesterday as market stay cautious ahead of MPOB data. Related edible oils drop slightly this morning, expect FCPO to continue move in range.
 
Hourly chart showed FCPO move in range 2090-2200, close above 2200 to trigger more upside.
 
*Classic Support & Resistance* 
Resistance: 2200 2265
Support: 2144 2093
 
 *Recommend Trading Plan for the day:* 
1. Trade in range 2140-2200, wait for breakout.
 
 *FCPO Margin Requirement* 
Overnight MYR 4500
Spread MYR 1200
 
Disclaimer: Idea sharing only, trade at your own risk.
 
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE futures trading videos !!!
 
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Join our FREE channels to find out more on futures trading !!!
 
Telegram link:
https://t.me/investorsdoctoracademy
 
Facebook link:
https://m.facebook.com/investorsdoctoracademy
 
Or reach out to our contact number +601153537589
Share this

  Be the first to like this.
 


 

239  441  452  780 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 BARAKAH 0.07-0.015 
 LAMBO 0.065-0.005 
 ARMADA 0.19-0.005 
 PHB 0.0250.00 
 VC-PA 0.07-0.005 
 IMPIANA 0.035-0.01 
 LAMBO-WB 0.010.00 
 NIHSIN-WB 0.06-0.02 
 TIGER 0.045+0.005 
 IOIPG 1.190.00 
Partners & Brokers