FCPO Trading Room

[Bateleur]

fcpo open 3096​

 

[imp]

saya tak biasa wenhua

boleh Tuan ceritakan detail sikit..

Ada email tuan? Saya tak rajin nk post attach gmbbar dlm sini. Saya dh siap screenshot + translation dan guide utk basic usage wenhua. Nnt tuan tepek la sini, kalau blh up dkt first post sekali. Blh ramai2 lg tgk chart cpo.

 

[Bateleur]

Assallamualaikum warahmatullahi wabarakatuh







Analisa Crude Palm Oil Futures (FCPO) 23/12/2016




Technical



Crude palm oil futures traded at Bursa Malaysia Derivatives retreated more than 1%, tracking on Dalian and U.S soyoil.



The benchmark March 2017 contract dropped 38 ringgit to settled at 3,076. A drop in market participation as the total volume decreased to 30,826 lots, compared to previous session at 32,451 lots. Open interest increased to 196,571 contracts from 195,493 contracts the previous trading day.




Market action saw prices on yesterday trading had pushed up by buyers right before market ended in the morning session. But seller are stronger and pressured the price lower in the noon session.



Market traded below 10days and broke 20days moving average.



RSI momentum level at 53.




The market is expecting to be trading bias downside, tracking the overnight soy oil market which closed 3.44% lower. Price might be supported at 3051, then follow by 3031, further down is the Bollinger lower band at 3008.



As for resistance, a break above 20days moving average at 3100 could see buyers returning to the market, follow by 3131, then further up will be the previous high of 3165.









Fundamental





Palm oil settled lower as the volume traded lower and overseas market are weak. – Neutral to negative



CBOT soybean oil futures ended lower with a drop of 3.44% to 35.09 cents/lbs. - Neutral to negative



Crude oil price ended $0.46 higher to $52.95/barrel, supported by a better U.S economic data and optimism on OPEC agreement on output. Neutral to Positive










SELAMAT BERDAGANG DIJUMAAT YG MULIA

 

[Bateleur]

Saya baru sampai drp Outstation
saya postlah juga analisa 27/12/2016 untuk rujukan..


Crude Palm Oil Futures (FCPO) 27/12/2016


Technical

Crude palm oil futures traded at Bursa Malaysia Derivatives closed lower before the extended weekend tracking weaker soybean oil price. The benchmark March 2017 contract drop RM16 to settle on Friday at 3,060 ringgit per metric ton after touching day low 3,013. Total volume traded recorded at 28,151 lots while open interest rose to 197,124 contracts from 196,571 contracts the prior trading day.
Market action saw the contract price went below the Lower Bollinger band standing at 3,019 which could form support in immediate term. – neutral

A candlestick chart pattern formation also noted was formed Bullish Belt Hold signaling possible reversal from recent slides though more confirmation is needed where a strong closing today could provide – neutral to positive

Market price remains below the 10 and 20 days moving average line as market remains weak since hitting the day peak 3,202 on 16th December

RSI momentum continues to slide to 51.7 as buying strength continues to weaken – neutral to negative

Slight weakness is expected for todays opening with Soybean Oil returning from Christmas break on a weaker note at time of writing. Support for further weakness at hourly Lower Bollinger 3,032 and 3,019 with further down at 2,950 while Resistance on any rebound from recent decline at 22nd Dec day low 3,070 and 3,105.



Fundamental

Palm futures drop recording its lowest for active month contract since Nov 29th tracking losses in soybean oil and Dalian markets – negative

Malaysia Dec 1-25th Palm Oil exports fell 5.6% to 945,441 metric tons from 895,625 tons from Nov 1-25th according to Intertek Testing Services (ITS) – neutral to negative

Soybean prices fall to five-week low as rain set to aid Argentina crop – Soybean Oil futures for March delivery drop 0.6% to USD 34.88 cents per pound – tumbles 5.8% for the week – neutral to negative
Oil extends longest run of gains since August before OPEC cuts – neutral

 

[Bateleur]

Assallamualaiku warahmatullahi wabarakatuh



Analisa Crude Palm Oil Futures (FCPO) 28/12/2016




Technical



Crude palm oil futures traded at Bursa Malaysia Derivatives jumped after reopening from long weekend break with the benchmark contract climbing the most since December 19th. The March 2017 contract delivery rose 2.3% or RM68 to settle at 3,128 ringgit per metric ton. Total volume traded recorded at 36,764 lots while open interest rose to 201,595 contracts from 197,124 contracts the prior trading day.




Market action saw the edible oil price moved back above its 10 and 20 days moving average line after prior correction phase after hitting peak 3,202 on 16th December – positive



Candlestick pattern Bullish Belt Hold formed on 23rd December confirmed by strong opening yesterday signaled a possible resumption of uptrend – positive




Lower Bollinger band which formed support on last week correction currently at 3,030 serve as major support – neutral




RSI momentum at 58.3 in somewhat neutral zone but halted decline in buying strength – neutral



Taking cues from a firmer soybean oil price overnight and expectation of slow production recovery, we expect market to resume its uptrend after to correction from 16th December day high 3,202. Target resistance seen at 3,139 and 3,151 while further up at 3,202. Support for any profit taking looks peg at 3,065 and 3,030 while further down at 2,950.







Fundamental




Palm Oil futures climb on tight supply, bets demand may pick-up with seasonal demand ahead – positive


Malaysia’s Dec 1-25 Palm Oil exports at 827,347 metric tons falling 7.6% from 895,077 tons in Nov 1-25th according to Societe Generale de Surveillance (SGS)- Intertek reported fall of 5.8% at 945,441 tons
Soybean futures climb most in five months on rising feed demand – Soybean Oil March rose 1.5% to USD 35.4 cents per pound – positive



Oil trades near 17-month high before planned OPEC supply cuts – neutral to positive




resistance : 3,139 and 3,151 and 3,202.



Support : 3,065 and 3,030 while further down at 2,950.









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[epiee]

Semoga tahun 2017 jadi tahun yg menguntungkan untuk kita semua
Selamat bertrading

 

[Bateleur]

Assallamualaikum warahmatullahi wabarakatuh

SELAMAT TAHUN BARU 2017






Analisa Crude Palm Oil Futures (FCPO) 3/1/2017






Technical



Crude palm oil futures traded at Bursa Malaysia Derivatives ended the year on a flat note as profit taking activities erased most of the gains made during the second session. However price managed to hold above the immediate support level at 3100.


The benchmark March 2017 was up 3 Ringgit to 3109. For year to year basis, price surged 25%, biggest annual gain since 2010. Trade activities were thin nearing to the year-end holidays, as volume drop to 42,869 compare to 43,089. Open interest was slightly lower at 198,648



Market action saw prices fluctuated between gains and losses within last Thursday’s trading range. Price managed to end the year above the 3100 level – positive


Based on the daily chart, price continued to find support around 3080 level. However price need to reclaim above 21-SMA line to re-active the rebound mode to 3200 – neutral


RSI momentum level flat at 55.75 - neutral


For today, market is expected to open lower, tracking the overnight losses in soyoil market. A break below the 3100 level could see price retreating towards 3080 level. A failure to hold above 3080 could risk further downside towards 3065 followed by 3013. To the upside, price need to break above 3114 (21-SMA) to resume its rebound mode towards 3200 level.






Fundamental


Malaysia’s Dec 1-31 palm oil exports down 5.7% to 1,086,523 tons, according to ITS - negative


Ringgit weaken to 4.493 per USD in early Tuesday morning - positive
Crude oil starts the New Year higher on production cuts by OPEC and non-OPEC members – positive






HAPPY TRADING!

 

[Bateleur]

Semoga tahun 2017 jadi tahun yg menguntungkan untuk kita semua
Selamat bertrading

Selamat Taun Baru Tuan epiee


azam baru Tuan ... ?




.

 

[epiee]

Selamat Taun Baru Tuan epiee


azam baru Tuan ... ?




.

Alhamdulillah tahun lepas saya untung...bulan 12 yg paling mencabar

Diharapkan tahun 2017 ni lebih menguntungkan
Harap2 good start arini

 

[uyin]

Sy sedang mengkaji teknik Matematik..kadang2 time keje x sempat nk analysis graf, pakai calculation Matematik lak..

Dalam percubaan..harini pagi kl buy kt fibo level dah untung 21 point..