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
Earn MQ Points while trading with MQ Traders Group
MQ Affiliate
Earn side income from MQ Affiliate Program
 
 

431  153  436  1189 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 HIBISCS 0.49+0.04 
 SAPNRG 0.105+0.01 
 AGES-PA 0.010.00 
 LAMBO 0.010.00 
 ARMADA 0.18+0.015 
 VELESTO 0.175+0.015 
 MINETEC 0.185+0.015 
 HSI-H8M 0.495-0.11 
 KNM 0.16+0.015 
 ALAM 0.085+0.01 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
2. MQ Affiliate – A smarter way to earn more rewards MQ Trader Affiliate Program
3. MQ Affiliate – How to become an effective affiliate MQ Trader Affiliate Program
4. MQ Affiliate – Upgrading to Affiliate Partner MQ Trader Affiliate Program
Partners & Brokers