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FCPO : Info & Analysis

ada wak..guna DMA amfutures..platform dia pn ok cam nextview le..lebih kurang mcm nih le.
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syamjpj atau sifu2 yang dah guna platform ni,
newbies tumpang tanya lagi..
DMA amfutures ni ada sediakan 4hr chart tak?
 
1 lot sekarang RM5500.. letak RM10,000 ok, biar margin besar sikit. kebanyakan newbies tak letak stop loss dan FCPO market boleh menjunam deras mcm air terjun dlm 10 minit, dan sebaliknya..


laju mcam air :o
kena berani ni..


contoh
konon nye market start 1200..bleh ke kita letak stop loss 1199.. :-?

skrang ni 1 lot brape RM bro?
komisyen broker brape RM?
 
laju mcam air :o
kena berani ni..


contoh
konon nye market start 1200..bleh ke kita letak stop loss 1199.. :-?

skrang ni 1 lot brape RM bro?
komisyen broker brape RM?

trade futures hati mau kering punyer.. :)):)):))

stop loss ada yg letak 10, 20, 30 tick.. bergantung pada style risk/reward masing2.. FCPO market at least kalau nak letak stop loss bagi aku la pun dlm 15 tick.. 1 lot skang RM5500/-.. broker amik 2 tick..
 
sony_boy,
boleh ke newbies trade intraday?
kalau trade intraday berapa pula modalnya?
atau sama je...rm10k

boleh trade intraday takde masalah pun..cuma jgn overcommit ngan intraday margin rates.. katakan kita ada capital utk 5 contract tapi untuk trade intraday kita boleh trade 10 contract, nih sendiri cari nahas.. part nih dah masuk bab money management. sendiri kena tau berapa banyak kita sanggup rugi utk satu trade (capital risk per trade)..
 
Crude Palm Oil Futures End Up 1.3% On Speculative Buying, Weather (17 Dec 2009)

Crude palm oil futures on Malaysia’s derivatives exchange Thursday rose as much as 1.6% to a six-month high following speculative buying and short covering, trade participants said. Trade participants and planters said recent heavy rains in the oil palm growing areas of Perak, Kelantan and Terengganu were positive for prices. The rains will likely continue until Tuesday night, a spokeswoman from the Malaysian Meteorological Department said.

The benchmark March contract on Bursa Malaysia Derivatives ended 1.3% higher at MYR2,620 a metric ton, a closing level not seen since June 1. Prices rose to an intraday high of MYR2,628 in the early session.

"Some investors have set up long positions, which they may liquidate during the day to take profits," a trading executive in Kuala Lumpur said during early trading. "The market is overbought and prices may ease on profit-taking towards the end of the year. CPO prices are due for a downward correction," said an edible oils trader in Mumbai. Edible oil prices have been rising in India amid sustained demand due to the marriage season that began September and ends January.

Most buyers aren't making sizeable purchases as palm oil is considered too expensive, he added. "At MYR2,600 levels, buyers aren't interested in stepping up purchases unless there's a real threat to supply fundamentals, which may trigger panic buying," said a senior broker from Kuala Lumpur.

At 1003 GMT, during the electronic session, light, sweet crude for January delivery was trading 57 cents lower at $72.09 a barrel. January soyoil on the Chicago Board of trade was trading 23 points lower at 40.10 cents a pound on e-CBOT by the end of trade on BMD.

In the cash market, palm olein for April/May/June was traded at $800/ton and $802.50, free on board Malaysian ports, said a Singapore-based trader. Cash CPO for prompt delivery was offered MYR40 higher at MYR2,580/ton. Open interest was 83,414 lots Wednesday, down from 84,371 lots. One lot is equivalent to 25 tons. A total of 22,542 lots of CPO was traded on the BMD, versus 16,437 lots Thursday.
 
Technicals point to more upside for palm futures

JAKARTA: Malaysian crude palm oil futures jumped 1.3 per cent yesterday to the highest closing level in six and a half months as investors continued to bet on good demand and prospects of tight supply, traders said.
“The market momentum has picked up after the recent brief retracement, so on technical grounds it looks like heading towards higher level,” said Donny Khor, senior vice president for futures and options at OSK Investment Bank Bhd.

The benchmark March contract on the Bursa Malaysia Derivatives Exchange settled up RM34 at RM2,620 ($762.74) per tonne, the highest closing level since June 1. Overall volume shot up to 22,564 lots of 25 tonnes each, more than double the usual 10,000 lots.

Traders and analysts remained bullish on palm oil fundamentals going into next year, with Malaysia’s end-December palm oil stocks, which usually correlate inversely with palm oil price, unlikely to rise above 2.0 million tonnes because of falling output.

Khor also said that the palm oil market was not affected by last week’s decision by Unilever, the world’s largest user of palm oil, to suspend new purchases from Indonesia’s top palm oil firm PT SMART on environmental concerns. “If they don’t buy from Indonesia, they have to buy from somewhere else from those who are qualified to sell to them,” he said.

In the Malaysian physical market, palm oil for December delivery was traded at RM2,535 per tonne in the southern and central regions.
 
Crude Palm Oil Ends Lower On Weaker Exports (21 Dec 2009)

Crude palm oil futures on Malaysia’s derivatives exchange ended lower Monday, due to weaker exports and a downward price correction, said trade participants.

The benchmark March contract on the Bursa Malaysia Derivatives ended MYR65 lower at MYR2,555 a metric ton, after trading in a range of MYR2,543-MYR2,585/ton.

Malaysia's palm oil exports in the Dec. 1-20 period fell 7.7% from the same period in November to 858,307 tons, according to data from cargo surveyor Intertek Agri Services. China was the biggest buyer of Malaysia's palm oil products at 263,610 tons, followed by the European Union and the Indian subcontinent, which bought 253,258 tons and 108,000 tons respectively. Intertek estimated exports at 930,133 tons during the Nov. 1-20 period. Another cargo surveyor, SGS (Malaysia) Bhd., estimated that Dec. 1-20 palm oil exports fell 7.4% on month to 884,042 tons.

Profit taking and long liquidation ensued following the lower estimates, with some traders saying prices were due for a downward correction. "Last week's rally to a six-month high of MYR2,620 wasn't sustainable," said an executive from a global trading company. "Prices will likely retreat to levels around MYR2,500 by the year's end," said a Kuala Lumpur-based trader.

In the cash market, palm olein for April/May/June was traded at $782.50/ton, free on board Malaysian ports, said a Singapore-based trader. Cash CPO for prompt delivery was offered MYR60 lower at MYR2,520/ton. Open interest was 84,126 lots Monday, up from 82,960 lots Thursday. One lot is equivalent to 25 tons. A total of 17,906 lots of CPO were traded on the BMD, versus 22,542 lots Thursday.
 
Crude Palm Oil Ends Down On Profit-Taking, Stronger Dollar (22 Dec 2009)

Crude palm oil futures on Malaysia's derivatives exchange fell for the second day Tuesday on continued profit taking triggered by weakness in Chinese commodities and a stronger dollar.

The benchmark March contract on the Bursa Malaysia Derivatives ended MYR40 or 1.6% lower at MYR2,515 a metric ton, after trading in a range of MYR2,514-MYR2,550/ton.

Trade expectation that the Chinese government may release 200,000 tons of soyoil and 300,000 tons of rapeseed oil from its reserves toward the end of this year has damped sentiment on the Dalian Commodity Exchange, leading to spillover weakness on the BMD, traders said.

"Investors will be monitoring China's decision on whether it will release its reserves," said a Malaysia-based exporter. "The palm oil market went up too high last week. Some correction and liquidation is expected at intervals until the end of the year," said a Singapore-based trading executive. He said despite some profit taking, a sharp fall in prices seems unlikely because of strong industrial demand for palm oil from China, the world's major buyer of vegetable oils. "Despite higher CPO prices, demand from China has remained fairly robust, as Chinese buyers are stocking up for the Chinese New Year in February," he added.

While cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. estimated a decline in Malaysia's palm oil exports during the Dec. 1-20 period by around 7%, exports to China have risen by 7%-13% on month. Intertek put exports to China up 7.5% at 263,610 tons during the period, while SGS pegged Chinese palm purchases at 288,338 tons versus 255,530 tons during Nov. 1-20. Most traders say prices may decline to the MYR2,450-MYR2,480 range toward the end of the year as investors square positions ahead of year-end holidays.

In other news, Indonesia's trade ministry said it will raise the CPO export tax to 3% in January after keeping it at zero for the past five months, in anticipation of a rise in global palm oil prices. Palm oil prices at the port of Rotterdam had risen to around $769.20/ton last month, above the $701/ton threshold that would trigger an export tax on Indonesian CPO.

In the cash market, palm olein for January was traded at $765/ton and April/May/June at $770/ton, free on board Malaysian ports, said a Singapore-based trader. Cash CPO for prompt delivery was offered MYR20 lower at MYR2,500/ton. Open interest was 84,064 lots Tuesday, down from 84,126 lots. One lot is equivalent to 25 tons. A total of 19,521 lots of CPO were traded on the BMD, versus 17,906 lots Monday.
 
Crude Palm Oil Ends Down; Off Lows On Likely Lower December Output (23 Dec 2009)

Crude palm oil futures on Malaysia’s derivatives exchange ended lower Wednesday, continuing a downward trend as investors liquidated positions, taking cues from a stronger dollar.

The benchmark March contract on the Bursa Malaysia Derivatives ended MYR21 or 0.8% lower at MYR2,494 a metric ton after reaching an intraday low of MYR2,482.

The contract failed to remain in positive territory due to a lack of buying in the cash market and unwinding of positions at short intervals during the holiday trade. Trade was somewhat thin as many investors had already wound down for the short trading week and Christmas holidays, trade participants said. Many among them said palm oil's downside was limited by the expected decline in Malaysia's palm oil output for the second successive month, which would be bullish for CPO prices.

"December output may have dropped 11%-17% on month," said a Malaysia-based oil palm planter. November palm oil output declined 20% on month to 1.60 million tons, industry regulator Malaysian Palm Oil Board said recently. Trade participants said prices are likely to move mostly between MYR2,450 and MYR2,550 in the next trading session.

At 1003 GMT, light, sweet crude for February delivery on the New York Mercantile Exchange was trading 28 cents higher at $74.68 a barrel after settling nearly 1% higher overnight. January soyoil on the Chicago Board of Trade was trading 13 points higher at 38.18 cents a pound on e-CBOT by the end of trade on the BMD.

In the cash market, trade was sluggish as most buyers remained on the sidelines despite lower prices, cash brokers said. Cash palm olein April/May/June was traded $770/ton, free-on-board Malaysian ports, said a Singapore-based broker. Palm olein for January was last offered $10 lower at $752.50/ton. Cash CPO for prompt delivery was offered MYR50 lower at MYR2,450/ton. Open interest was 82,890 lots Wednesday, down from 84,064 lots. One lot is equivalent to 25 tons. A total of 12,065 lots of CPO were traded on the BMD, versus 19,521 lots Tuesday.
 
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