Saturday, 29 October 2016

FCPO (palmoil) UPDATE(29/10/16)......ALTERNATE WAVES COUNT.






FCPO

After completing w1....the w2 retracement ( pullback ) is now done.

Is now processing the w3....

Minor wave "a" is done.

Now unfolding nicely the minor "b" retracement towards 2717...

The final target for this w3 is around 3000....it will be done in a 5 waves structures...

The major downtrend will resumes after this...


p/s.....the above is just my2c opinion....Trade at Your Own Risk.



NOTE : I am now focusing on trading the futures ( FKLI and FCPO ). It is more profitable to trading in the direction of the trend.....be it up or down.Holding period is much shorter than trading shares.Will do it on a daytrading basis.....meaning holding 1~3 days.

For those interested to subscribes to my existing groups ( Fkli & Fcpo ), please email me ( dsmyoung2011@gmail.com ) for more details.




DEVALI GREETINGS


WISHING MEMBERS & READERS

A HAPPY  & WONDERFUL

DIVALI









Wednesday, 17 August 2016

FCPO FUTURES ( Updated 17/8/16 12.30pm )




Today it is unfolding the minor wave (sw2) of the downtrending impulsive wave 5.

This small technical rebound (sw2)  will not go above 2633.

Most likely to resumes its downtrend today or tomorrow.

The coming up sw3 will have a minimum of 7 waves structure.

Trade at your own risks.


p/s....for those who wish to have a winning edge trading the above FCPO, pls email me for more details.


Tuesday, 16 August 2016

FCPO FUTURES ( Updated 16/8/16 12.30pm )






As expected the trend reversal is unfolding today.( Refer previous posting).

On opening....it gaps down.

It should continue to move south in a fast pace....the last impulsive downtrending wave 5.

Trade at your own risks.





Monday, 15 August 2016

HANG SENG FUTURES ----15/8/16 ( 12.30pm )




The HSI futures corrective wave c is expected to be completed at the range 23194.10~23517.40.

The wave 5....a downtrending wave will unfolds once the c wave is done.

Am expecting the above actions to happens by the end of this week.

Trade at your own risks.



FCPO FUTURES (15/8/16----12.30pm )




My Analysis:

The palm oil futures is now in the tailend corrective c.

Today gap up on opening and is now expected to pullback in the afternoon to complete its technical rebound.

The downtrend will unfolds in due course.

Trade at your own risks.

p/s......for those interested to trade the above,pls email me for more details.



Wednesday, 6 July 2016