FCPO Updates

Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 4/10/2019 - Entered range 2120-2180 wait for breakout

InvestorsDoctor
Publish date: Fri, 04 Oct 2019, 10:05 AM
InvestorsDoctor
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4/10/2019

 
*FCPO Dec 19*
 
Previous Close: 2137 -4
 
FCPO continue to move in tight range as market wait for more catalyst.
 
Hourly chart in range of 2120-2180, wait for more breakout.
 
*Classic Support & Resistance* 
Resistance: 2180 2230
Support: 2080 2050
 
 *Recommend Trading Plan for the day:* 
1. Trade in range 2120-2180
2. Sell 2118, stop 2126, profit 2110/2102
 
 *FCPO Margin Requirement* 
Overnight MYR 3000
 
Disclaimer: For idea sharing only, trade at your own risk
 
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