Highlights

FCPO Updates

Author: InvestorsDoctor   |   Latest post: Tue, 31 Dec 2019, 9:39 AM

 

Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 27/12/2019 Close above 3000, sustain above this level for more upside

Author:   |    Publish date:





27/12/2019
 
*FCPO Mar 20*
 
Previous Close: 3005 +82
  
FCPO closed above 3000 level for the 1st time since Feb 2017 on slowing production outlook. Dalian up more than 3% this morning, likely to limit downside of FCPO.
 
Hourly chart formed a strong breakout from sideway, more to bullish, but be cautious as RSI in overbought.
 
*Classic Support & Resistance* 
Resistance:  3050 3080
Support:   2960 2930
 
 *Recommend Trading Plan for the day:* 
1. Buy 3009, stop 3001, profit 3017/3025/3033
 
 *FCPO Margin Requirement* 
Overnight  MYR 4000
 
Disclaimer: For idea sharing only, trade at your own risk
 
JOIN US to discover more about FUTURES TRADING !!!
 
YouTube link:
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Telegram link: 
https://t.me/investorsdoctoracademy
 
Facebook link:
https://www.facebook.com/investorsdoctoracademy
 
Whatsapp link:
https://api.whatsapp.com/send?phone=601153537589
Share this

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View candlestick stock charts with Technical indicators
MQ Affiliate
Be rewarded by being an MQ Affiliate
 
 

486  382  566  1130 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 PASUKGB-WA 0.01-0.005 
 PASUKGB 0.10-0.005 
 GLOTEC-WA 0.135+0.04 
 PAOS-WA 0.105+0.035 
 KYM 0.64+0.155 
 GLOTEC 0.715+0.035 
 KANGER 0.07-0.005 
 SERBADK 0.43+0.005 
 PAOS 0.52+0.11 
 SAUDEE 0.145-0.01 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS