FCPO Updates
Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 23/7/2018 - Trade in flat, wait for more catalyst
InvestorsDoctor
Publish date: Mon, 23 Jul 2018, 09:56 AM
InvestorsDoctor
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23/7/2018
*FCPO Oct 18*
Previous Close: 2194 +1
FCPO mostly unchanged on last Friday as market wait for more catalyst. US soyoil edged up while Dalian palm olein +0.7% this morning, FCPO may gap up and test resistance 1st. Watch out for MPOA Jul 1-20 data.
Daily chart showed FCPO required to close above 2222 to trigger further rebound signal, while hourly chart may enter a sideway.
*Classic Support & Resistance*
Resistance: 2222 2275
Support: 2156 2088
*Recommend Trading Plan for the day:*
1. Trade in range 2172-2222.
*FCPO Margin Requirement*
Overnight MYR 4500
Spread MYR 1200
Disclaimer: Idea sharing only, trade at your own risk.
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[Free English Seminar]
期货&原产品投资交易- 赌博？高风险投资？需要大笔资金？
Futures & Commodities Trading - Gambling? High Risk? Require Big Capital?
不对！如果您一直以来有这样的想法，是时候让IDA 破解您对期货交易的迷思和误解！
NO! Time to Crack All The Myths of Trading Commodities Futures!
Myth 1: Trading is all about making Fash-Cash!
Myth 2: You must have perfect timing to pick highs & lows.
Myth 3: You need a lot of money to start strading.
Myth 4: You must know what will happen next.
Myth 5: You can only make money in trending markets or 'easy' market conditions etc............
IDA will make you fully awake and hate yourself for not knowing about futures trading 20-30 years earlier!
Register Now! Whatsapp to 011-5353 7589 OR
Click the link below: https://goo.gl/forms/shBJRmtlooDpcvyj1
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