Indonesia Palm Oil Was Up

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Friday - 30th January 2009

9.15 a.m. - Malaysian Time

The CPO ( crude palm oil ) for April's contract open at 1786 and closed at 1745 yesterday. The highest was at 1786 and the lowest was at 1739. The market open at 1786 and immediately retraced deeply to 1755 at 10.31 a.m. So this fall might give an impact that the market was probably a false fall because at 10.32 a.m. to 10.34 a.m. , the market was stable and was juggling between 1776 to 1780 ( see chart as enclosed - not to scale, off course ) but when the market managed to break away ( break down ? ) at 1765, the market kept moving down untill to the end of the day. The market closed at 1776 before lunch break. In the afternoon, the market open at 1771 and closed at 1745.

If you look at my forecast yesterday ( see #1 ), the market did not go up first before retracing down, insteads the market fell right away immediately after opening. So nothing could be done. Anyway the market did go down after beating the levels between 1773 to 1778 ( see also #1) - I should have told you to sell here, shouldn't I?

Today, I do not feel like wanting to do any forecasting simply because it is already at the end of the week, may be next week then. It is just your call.

Well, if you are not sure, just contact your broker/dealer or may be Hitler.....never to contact the non-Jews Americans. They are soundly sleeping now and do not realise that their great nation is currently being eroded and controlled economically, socially, politically and every aspects of their life by the Jews.

Have a nice trading day, guys.

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P/S Don't be surprised if suddenly this blog could not be accessed and vanish into thin air in the very near future. It could be the work of ......or may be I am too very very small to be recognised.

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Soya Bean Up ?

Thursday - 29th January 2009
8.45 a.m. - Malaysian Time
9.20 a.m. - A little bit of updating


The market for the past few days have been juggling and, some say, it is in the consolidating phase. It also means that the market is in the situation of having no clear direction. The market may start to move to a clearer direction if a certain level is broken out, most probably if the market opens below 1750.

Today

In long and short term, the market is still in the bearish situation. So is the very very short term. The forecast for today;

1) If the market opens between 1782 to 1814. Sell after the market has moved up at least 7 points after opening. Make sure this 7 points and above do not beat up the level 1814. Do not forget your stop loss. If the market manages to beat up the levels between 1815 to 1821, the market may go further up. Any profits, just lock them up.If the market manages to beat down the levels between 1773 to 1778, the market may go further down.
2) If the market opens between 1757 to 1781. Sell after the market has moved up a bit and then falls 5 points below the opening level.
3) If the market opens between 1815 to 1840. Buy after the market has dropped a bit and then moves up 5 points above the opening level.
4) If the market opens below 1750. The market may fall further down and a black bar may be formed today or at least in the early part of the trading day.
5) If the market opens other than the above, I do not know guys, it is your call. I still cannot figure out on how to enter the market even in this new year, may be next year, I guess.
6) Please refer to my posting dated 12th January 2009 ( see # 6 )

Well, that is it. If you are not sure, just consult your dealer/broker.......never to consult the Vice President of USA, he is a hard core Jew, never compromise with others.

To those who celebrate Chinese new year. Happy Chinese New Year - sorry, a belated one - better be late than never.

Have a nice trading day guys!!!!
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Malaysian Government Stand On Israel's Aggression

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Tuesday - 13th January 2009

9.45 a.m. - Malaysian Time

The CPO ( Crude Palm Oil) futures for March's contract open at 1959 and closed at 1988. The highest was at 1998 and the lowest was at 1935.

The market open within the forecasted level ( see #2) except that the fall was not a 'bit', instead the fall, after the market open, was 24 points below the opening level ( see chart as enclosed - not to the scale, off course ). The market only 'moved up passing 5 points above the opening level' at 10.59 a.m. about an hour after opening.

If you ask me, frankly speaking, I do not know what to say ;
Firstly, the market did move according to the forecast but the movement was a little bit late ( only after an hour after opening hour ) and not 'after opening '.

Secondly, the fall was not a 'bit'.

Thirdly, the fall was quite steep and was in a very fast movement but the market linggered between 1963 to 1954 for quite a time before shooting up to the highest of the day at 1998.

It was more of your choice!!!!

Have a nice trading day.

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Israel's Agression - Muslims Now, Christians Next ?

Monday - 12th January 2009
2.00 a.m. - Malaysian Time

Remember the swing strategy? After 7 days of white bars in a row ( from 24th December 2008 to 6th january 2009 ), a reversal bar on the 7th of January did not manage to beat down the lowest of the prior bar ( see chart as enclosed ). The 8th of January's bar also was not able to beat down the 7th of January's bar ( only a partial of it ). So the so-called 'swing strategy ' did not materialise at this point of time.

Today

MPOB ( Malaysian Palm Oil Board ) is expected to release its official cpo's datas for December 2008 today and this announcement may influence the direction of the market in the next few days. So my forecast for today would be as follows ;
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1) If the market opens between 1904 to 1940. Buy after the market has moved up and beat the levels between 1946 to 1952. This would be more significant if the market opens more towards the upper part of the 1904 to 1940 levels. The market may go up further and a white bar could be expected to be formed at the end of the day. On the other hand, sell after the market has managed to beat down the levels between 1893 to 1898 especially if the market opens more towards the lower part of the 1904 to 1940 levels. The market is expected to go further down if these levels are broken and a black bar may be formed today. It also indicates that the swing strategy is operational.

2) If the market opens between 1942 to 1970. Buy after the market has fallen a bit and then moved up passing 5 points above the opening levels.

3) If the market opens between 1880 to 1902. Sell after the market has gone up a bit and then
falls 5 points below the opening level.

4) If the market opens other than the above, it is your call... I have no idea!!!

5) If you are fimiliar with trendlines, you can try your 'expensive' luck here, if not..just forget it.

6) There are a few other matters that you should consider here ;
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a) Do not forget your stop loss. It depends on the volatility of the market. In normal
circumtances, the stop loss should be from 10 to 20 points.
b) Lock up the profits as you see one, the market may go against you at any time. Practise
stop gain as well.
c) If the market opens and moves up/ down in a very fast, steep gradient and also in a 'big
distance' from the opening level, the market may proceed further. If the 'distance' is not
"that big", it could be a false alarm. If so, you can look for a second attempt.
d) For the best result, after opening, the market moves up / down a bit and then moves up /
down passing the opening level to the intended forecasted level.
e) The strategy applies only after the opening hour, it may not be suitable later than that
f) If, after opening, the market moves up / down in a very fast, steep and in a big distance
without moving up/down back to pass up/down the opening level, the market may give a
signal that it would continue its direction
g) The word " bit" is relatif, please refer to my previous postings


If you are not sure, do contact your broker but never the .....Jews or Israelis, they simply cannot be trusted!!!!!


Have a nice trading day.


P/S. Recently, I read a book entitiled The New International Jew by Brigadier
General ( Rtd) Gordon "Jack" Mohr, CPDL. ( original title : Behold The
International Jew ). It relates the International Zionist conspiracy towards
the Christians of the world. I have no comments here, may be you can have the
book by yourself.

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Oil UP, OPEC's Production Cut?

Monday - 5th January 2009
9.00 a.m. - Malaysian Time

The CPO ( crude palm oil ) contract for March open at 1711 and closed at 1740 on last Friday. The highest was at 1748 and the lowest was at 1706. The market ended a white bar.

The market open at 1711 and had been linggering for about 2 minutes between the levels 1712 and 1707. The spread between buy and sell was quite moderate. The market then moved up to 1721 before retracing to 1709. The market moved up again to the highest of the morning session at 1725 before settling at 1721 before lunch. In the afternoon, the market kept moving up until finally settled at 1740. ( see graph )

If you look at my forecast on last Friday ( see # 5) and had a buy position at 1718, you would probably have made ; a very few points if you had decided to close your position before lunch ; quite a handsome ones if you had decided to close position after lunch. Any way the most important thing here was that you still managed to make some profits.

Today

For those who are still looking for a reversal position, may be you can focus on the 'swing strategy' ( see my previous posts - sorry, I am not sure where ). There has been 5 white bars on the row. Any way, I think this reversal may not last long, just be careful!

I would not be making any forecast for this week.

So, have a nice trading day.

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Bullish Still?

Friday - 2nd January 2009
12.45 a.m. - Malaysian Time

The CPO ( crude palm oil ) futures for March's contract open at 1642 and closed at 1695 last Wednesday. The highest was at 1695 and the lowest at 1639.

The market ended a white bar and was higher than the previous day . It seemed that the 'swing strategy' did not take place even though the opening of the market was more towards the lower part of the previous day white bar. The market open within the forecasted levels but did not move to the expected direction. Anyway the market did beat up the level between 1672 to 1678 ( see #2 ) and moved further up and ended a white bar. Frankly speaking, I was expecting the market to retrace after beating these levels. So will the so-call 'swing strategy' show its true colour today?

Today

In the medium term, the market is still in the bullish sentiment and so is the very very short term. My forecast for today is as follows;


1) For the past 4 days, the market has shown 4 advancing white bars in a row ( some say 3 white soildiers and an advancing soldier - see above chart) and if the market opens within the white's body of the last bar today and then retraces passing down the levels between 1638 to 1645, the market may fall further and a black bar may be formed today especially if the market opens more towards the lower part of the last white bar. If this happens, then the swing strategy is said to be workabale. So, what are you waiting for, just sell at these levels!
2) If the market opens between the levels 1658 to 1685. Buy after the market has dropped 7 points below the opening level. As usual, be careful of the false retracement ( false alarm). If the market manages to beat up the levels between 1696 to 1704, the market may go up further especially if the market opens more towards the upper level of the 1658-to-1685. If , on the hand, the market manages to beat down the levels between 1638 to 1645, just see # 1 above.
3) If the market opens between 1648 to 1658. Sell after the market has passed down the levels between 1637 to 1645. The market may fall further if these levels are broken and a black is expected to be formed at the end of the day.
4) If the market opens between 1685 to 1695. Buy after the market has passed up the levels between 1699 to 1704. Be careful, the market may fall back.
5) If the market opens between 1696 to 1719. Buy after the market has dropped a bit and then moves up 5 points above the opening level. If any profits, just lock them up.
6) If the market opens between 1623 to 1647. Sell after the market has moved up a bit and then falls down 5 points below the opening level.
7) If the market opens above 1740, the market may go up further.
8) Please refer to # 9 ( Thursday's Tip dated 26th June 2008 )
9) Also refer to #9 and # 10 ( Tuesday's Tip dated 1st July 2008 )


Ok Mike, that's about it. If you are not sure, just call your broker. If not you better get to know a guy from the future.....some one like the Terminator ( a good one, off course )...


Have a nice trading day!
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