Next

The Cpo ( Crude palm oil) for August contract open at 2489 and closed at 2490 yesterday. The highest was at 2498 and the lowest was at 2481. The market ended lower with a black bar and was sellers' market. The market open within one of the suggested forecasts but did not move as expected.

Today

In long run, the market is still bearish but the short term, the market is bullish. My forecast for the day;
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1) If the market opens between 2483 to 2487. Sell after the market has retraced and passed down the levels between 2474 to 2479.
2) If the market opens between 2465 to 2478. Sell after the market has moved up a bit and then falls 4 points below the opening level.
3) If the market opens between 2488 to 2492. Buy after the market has dropped 3 points below the opening level.
4) If the market opens between 2511 to 2518. Buy after the market has dropped a bit and then moves up 4 points above the opening level.
5) Other than the above, it is your move.
6) Also refer to my posting dated 11th January, see #6


That's about it.

Have a nice trading day, guys.....

9.05am

Sign of going up?

Lately, probably about a few weeks back, my forecasts have not been giving positive results and at the same time my forecasts also have not been giving negetive outcomes.What I lose was my time! I have no idea what have gone wrong or may be my methodology/strategy is becoming absolete!

So, my forecast on last 13th of May - the market did not open within any of the forecasted points.

Today

Should I try to forecast again this time? Well,I don't know or may be just do it!

The forecast for today;
In long run, the market is bearish but in short run the market is still bullish.

1) If the market opens between 2483 to 2489. Sell after the market has retraced and passed down the levels between 2473 to 2478.
2) If the market opens between 2490 to 2495. Buy after the market has retraced 4 points below the opening.
3) If the market opens between 2465 to 2478. Buy after the market has moved up a bit and then falls 4 points below the opening level.

That's about it.

Have a nice trading day guys....

9.13am

Still bearish?

The CPO market dated 11th of May open not within one of the suggested forecasts so nothing happened!

Today

The forecast for today;

1) If the market opens between 2505 to 2510. Sell after the market has fallen the levels between 2495 to 2500.
2) If the market opens between 2511 to 2516. Buy after the market has moved up passing the levels between 2520 to 2524.
3) If the market opens between 2521 to 2526. Buy after the market has dropped a bit and then moves up 4 points above the opening level.
4) If the market opens between 2500 to 2506. Sell after the market has fallen passing the levels between 2490 to 2495.
5) If the market opens other than the above, it is simply your call.
6) Also refer to my psoting dated 11th January, see #6.

The best thing is to refer to your dealer if you are uncertain.

That's about it, just cross your finger.


Have a nice trading day, guys.

9.05am

CPO : May Contract

Recently, it seemed that my forecasts have not been giving postive results, even though no money were lost. It was just like my forecast on last 28th of April,the market open but not within the forecasted suggestions. It could be, probably, the market's volatily has not been like before especially in the morning session. May be I should be looking for a new strategy.

Today

Well, I still have no new strategy especially the strategy to forecast the market's movement before the market opens. In fact, it is much easier to forecast the market's movemet after the market has already open.

Anyway, my forecast;

1) If the market opens between 2520 to 2530. Buy after the market has moved up passing the levels between 2535 to 2540. More significant if the market opens more towards the upper level of the 2520-to-2530.
2) If the market opens between 2517 to 2527. Sell after the market has retraced passing down the levels between 2504 to 2509. More significant if the market opens more towards the lower part of the 2517-to-2527 levels.
3) Also refer to my posting dated 11th January, see #6

That's about it.

Have a nice trading day, guys

8.25am

Bullish Trend?

I refer to my forecast dated last 15th April. It seems that on that particular day, the market open within one of my forecasted points but it did not move according to what had been forecasted. So no gain, no loss!

Today

The trend now is bullish, so the market is expected to move further up. Anyway, it still very much depends on the opening of the market. The forecast for today;

1) If the market opens between 2551 to 2559. Buy after the market has moved up passing the levels between 2561 to 2566.
2) If the market opens between 2520 to 2530. Sell after the market has moved up a bit and then falls 5 points below the opening level.

That's about it for today.

Also refer to my posting dated 11th January, see #6.



Have a nice trading day, guys

9.19am

What's Next

The Cpo ( Crude Palm Oil) futures for June contract open at 2543 and closed at 2528 yesterday. The highest was at 2546 and the lowest was at 2518. The market ended lower with a black bar. It was sellers' market with an increase in the open interest.

Yesterday the market open but not within any of the suggested forecasts.

Today

The forecast for today;

1) If the market opens between 2525 to 2533. Buy after the market has moved up passing the levels between 2539 to 2545.
2) If the market opens between 2517 to 2524. Sell after the market has retraced passing down the levels between 2505 to 2511.
3) If the market opens between 2501 to 2511. Sell after the market has passed down the levels between 2490 to 2495.
4) If the market opens between 2539 to 2545. Buy after the market has dropped a bit and then moves up passing 5 points above the opening level.
5) If the market opens other than the above, it is simply is your call.
6) Also refer to my posting dated 11th January, see #6

Not sure? Just contact.......

Have a nice trading day, guys


8.43a

Next Move

The CPO ( crude palm oil) futures for June contract open at 2520 and closed at 2534. The highest was at 2540 and the lowest was at 2511.The market closed lower with a white bar.It was sellers' market with the decreasing in open interest.

Yesterday, the market open but not within any of the suggested forecasts, so just moves on.

Today

The forecast;

1) If the market opens between 2517 to 2522. Sell after the market has passed down the levels between 2507 to 2512.
2) If the market opens between 2500 to 2506. Sell after the market has retraced passing down the levels between 2490 to 2495.
3) If the mmarket opens between 2523 to 2527. Buy after the market drops 4 to 10 points below the opening level but make sure this 4 to 10 points fall do not pass down the level 2516.
4) If the market opens between 2528 to 2534. Buy after the market has moved up passing the levels between 2539 to 2543.
5) If the market opens other the above, it is your call.
6) Also refer to my posting dated 11th January, see #6


Have a nice trading day, everybody


9.21am