FCPO Updates

[Palm Oil Futures] - Expecting Pull Back to Continue

InvestorsDoctor
Publish date: Thu, 12 Apr 2018, 10:41 AM
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12/4/2018

 
FCPO Jul 18
 
Previous Close: 2432 +3
 
Please be noted that active month of FCPO will be changed to Jul 18 next week, traders may choose to trade Jul 18 contract. FCPO traded in tight range and closed mostly in flat yesterday, wait for more catalyst. US soyoil also in flat while Dalian palm olein -0.58% this morning, FCPO likely open low and test support today.
 
Daily chart show FCPO i n overall sideway to lower trend and may enter a consolidation phase. Hourly chart's technical indicators trending lower, may limit upside of FCPO.
 
 Classic Support & Resistance 
Resistance:  2449 2483 2503
Support:   2414 2395 2382
 
 Recommend Trading Plan for the day: 
1. Sell 2424, stop 2435, profit 2413/2402.
2. Look for buy signal if break above 2443.
 
 FCPO Margin Requirement 
Intraday     MYR 2250
Overnight  MYR 4500
Spread       MYR 1000
 
Disclaimer: This message is for information purpose only. Reproduction or dissemination to third party is prohibited. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information nor shall it be constructed as an offer/solicitation or recommendation to buy/sell any derivatives. Investors should make their own informed decisions by consulting your own independent advisor(s) before investing. We accept no responsibility or liability for loss or damage that may arise from the reliance of this message. For the full information regarding the derivatives mentioned herein please refer to the relevant website.
 
【FREE 免费FCPO讲座会】
 
您交易着大马原棕油(FCPO)多久了?您真正了解多少?为什么总是抓不到价钱和趋势?
 
还是听过身边的朋友们都在讨论着?好奇是怎样操作的?如何以较低风险投资期货?
 
IDA 将在来临的讲座会,专注于 FCPO 四大面分析,让您从头到尾了解 FCPO。
 
无论是老手,还是新手,永无止境的学习,增强投资技能!
 
主题:《2018 投资法典》大马原棕油速成班
日期: 22-4-2018 (星期日)
时间:9am - 1pm
 
(亲临现场或网络直播)
 
大选在即,股市《暗流汹涌》。
特别嘉宾:著名投资部落客-张文智 (阿Boon) 将与您分享近期投资股票需了解的策略和看法。
 
报名请联络: 011-53537589 or click goo.gl/vQtASu
 

(报名时,请注明:亲临现场或网络直播)
 

 

 

 

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