CPO Has Touched 2000 level

Monday - 16th Feb 2009

8.30 a.m. - Malaysian Time

The CPO ( crude palm oil ) futures for April's contract open at 1937 and closed at 1995 last Friday. The highest was at 2000 and the lowest was at 1931. The market ended a white bar.

The market open at 1937, immediately moved up to 1942 within seconds and fell to 1931, the lowest of the day, at about 10.33 a.m. ( see graph as enclosed ). It then moved further up and linggered between 1941 to 1948 from 10.33 a.m. to about 10.38 a.m. The market then shot up to 1965 before settling at 1960 before lunch.

After lunch, the market open at 1960 and moved further up to touch at 2000 level before settling at 1995 just before the closing time ( 6.30 p.m. ) of the day.

If you refer to my forecast on last Friday morning ( see # 2 - Buy after the market has moved up beating the levels between 1942 to 1945) and had placed a buy position, say at 1942 or 1945, either at 10.31 a.m. ( which was quite unlikely ) or between 10.33 a.m to 10.37 a.m., you would have been able to make profits, at least, from 20 to 50 points. The market also did go further up after the levels between 1949 to 1954 were broken ( see # 2 as well )

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Today

Will the market continue its upwards direction today?

The active month for CPO May's contract will start today.

Ok guys, that's about it.

P/S Somebody asked me about Mel Gibson. Well, he hates Jews !

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Have a nice trading day!

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Friday The 13th

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Friday - 13th Feb 2009

9.30 a.m. - Malaysian Time

The CPO ( crude palm oil ) futures for April's contract open at 1915 and closed at 1928 yesterday. The highest was at 1945 and the lowest was at 1907. It was a white bar.

The market open at 1915, moved up a bit and immediately fell to 1910 ( see the graph as enclosed ). By 10.31 a.m., the market moved up again to 1915 . By 10.32 a.m., it landed at 1920. From 10.33 a.m. to 10.35 a.m., the market was linggering between 1913 to 1922.

If you refer to my forecast ( see # 5) yesterday, it indicates that a sell was preferred here and that was what I did . I put a sell at 1920 but insteads the market went against me, so I had to buy-loss at 1935. So, that was it guys, can't win them all!!!!

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Today

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In the long run, the market is still bullish but the very very short run, it is bearish now. The forecast for day trading today is as follows;

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1) If the market opens between 1907 to 1917. Sell after the market has fallen down beating the level between 1899 to 1904. Any profits, just lock them up.

2) If the market opens between 1928 to 1938. Buy after the market has moved up beating the levels between 1942 to 1945. The market may go up further if the levels between 1949 to 1954 are broken.

3) If the market opens between 1942 to 1963. Buy after the market has fallen a bit and then moves up 5 points above the opening level. If the market is to beat up the level between 1949 to 1954, the market may go further up ( applicable if the market opens between 1942 to 1948 ).

4) If the market opens between 1882 to 1903. Sell after the market has moved up a bit and then falls 5 points below the opening level.

5) If the market opens other than the above, it is your call.

6) Please refer to #6, 12th January 2009.

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That's about it. If you are not sure, it is your call again.

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P/s I am a big fan of Mel Gibson. I think you know why!

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Have a nice trading day guys!!!!

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Time To Short ?

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Thursday - 12th February 2009
8.30 a.m. - Malaysian Time
9.00 a.m. - A little bit of updating


The CPO ( crude palm oil ) futures for April's contract open at 1940 and closed at 1925 yesterday. The highest was at 1967 and the lowest was at 1916. It was a black bar ( or rather a blue bar ).

If you look at the chart, the market has been moving upwards for the past six days except for yesterday. Does this indicate that the market will be a black ( or rather blue ) bar today? Will the swing strategy be operational ? ( see my previous postings on swing strategy )

Today

In the long run , the market is said to be bullish but the very very short run, the market is now in the bearish situation. My forecast for today ;

1) If the market opens between 1926 to 1951. Sell after the market
has moved up 8 points from the opening level. If the market beats down the level between 1908 to 1915,the market will go down further especially if the the market opens more towards the lower part of the 1926 to 1951 levels. If the market manages to beat up the levels between 1965 to 1969, the market may go up further especially if the market opens more towards the upper level of the 1926 to 1951 levels. If you make any profits, just lock them up.
2) If the market opens between 1952 to 1961. Buy after the market has moved up and beats the level between 1965 to 1969. Any profits , just lock them up.
3) If the market opens between 1916 to 1925. Sell after the market has moved down beating the levels between 1908 to 1915.
4) If the market opens between 1973 to 1987. Buy after the market has fallen a bit and then moves up 5 points above the opening level.
5) If the market opens between 1890 to 1915. Sell after the market has moved up a bit and then moved down beating 5 points below the opening level.
6) If the market opens other than the above, it is your call. You can do whatever you like.
7) Trendlines.....any one ?
8) Please refer to #6, 12th January's posting.


That's about it. Please be informed that there are many other strategies that can be used in this market but the strategy shown above is one of them.

As usual, if you are not sure, do contact your broker/dealer or may be you can contact Tzipi Livni or Benjamin Netanyahu for more information. Do you think these species will help you?

Have a nice trading day, guys.

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Right Time To Long In CPO Futures?

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Wednesday - 4th February 2009
8.30 a.m. - Malaysian Time

Due to some technical problems with my computer especially after lunch, I was not able to give you the precise market performance on yesterday's CPO futures market. From what I know is that the market open at 1762 and closed at 1788.

The market open at 1762 and within minutes the market fell to the lowest of the morning session at 1741 and then moved up to 1774 before settling at 1762 again before lunch. If you look carefully at the market movement yesterday, the fast fall to 1741 could also indicate a false alarm ( sorry , no graph at this time ), anyway the market started to move up to a certain level ( ? ) and linggered there for quite a time. This showed that the fall was not really a false alarm. So, had you put a buy here - roughly at 1755 ( see # 1 on yesterday's forecast - 7 points below the opening hour ) you could have made some profits just before lunch break.

So, have a nice trading day, guys

P/s. What about the Israelis ? .......yak .....%$#^#@!

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Market Has Broken Level 1750, Will It Go Further Down?

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Tuesday - 3rd February 2009

9.00 a.m. - Malaysia Time

Last Friday, the market for CPO ( crude palm oil ) closed higher while the soya bean's futures were traded low at CBOT. Yesterday the market was closed because it was a public holiday. So where is the direction for today's market?

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Today

In the long run, the market is still bearish but in the very very short run, the market is bullish, so the forecast for today is something like this;

1) If the market opens between 1748 to 1769. Buy after the market has dropped 7 points from the opening level. As usual, just be careful about the false alarm and do not forget your stop loss.

2) If the market opens between 1770 to 1779. Buy after the market has moved up between 1783 to 1788.

3) If the market opens between 1738 to 1747. Sell after the market has beaten down the levels between 173o 1734. The market may fall further if the level between 1712to 1716 are broken down and a black bar may be formed today.

4) If the market opens between 1715 to 1737. Sell after the market has moved up a bit and then falls 5 points below the opening level.

5) If the market opens between 1780 to 1803. Buy after the market has dropped a bit and then moves up 5 points passing the opening level. Any profits, just lock them up!

6) If the market opens other than the above, it is your call. You can do whatever you like!!!!Trade , go out, watching tv or just like what I have mentioned ....whatever.

7) Also look for trendlines.......

8) Please refer to 12th January's post ( see # 6 )

Ok, that's about it. If you are not sure, just contact your dealer/broker or may be you can contact the President of United States, Ehud Olmert. ( Who is Barrack Obama, anyway! )

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

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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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