Showing posts with label FCPO. Show all posts
Showing posts with label FCPO. Show all posts

Wednesday, August 8, 2012

Oppsss, He Did It Again.


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Wednesday, August 1, 2012

Now it is a really good time to be on the Long side! Part IV FINAL

What a sell off in the afternoon session!  I exited with mediocre profits. LoL!!!!!!

Yes Mr. Market you are right, I was wrong.. LoL!!!!

Now it is a really good time to be on the Long side! Part III

After previous sell off, FCPO trading community getting quieter, drought seems to be easing off, and guess what? Now it is a really good time to be on the Long side!!! LoL!!!

Could not help but see one joker (or is he a trader? Lol!!!)  dared not even make a firmed call on FCPO while he himself making fun of others making Long call.. This is what he wrote: "Where is CPO going? Bull run or ran away? How do you know a bull or bear is there? Maybe a kangaroo or a Rabbit?"


Why open ended question?  Make a firmed call please, behave like a man.  LoL!!!!!!!!!!!!!!!!

Monday, July 30, 2012

Now it is a really good time to be on the Long side! Part II

Let's slaughter the bears (if there are still some more holding on with their "shorts" in the so called down trend). Shall we?  LoL!


Now it is a really good time to be on the Long side!

FCPO: Poor stats on exports, Bearish Views are making it on the news, and most importantly, the Herds are on the Short side, So I say Now it is a really good time to be on the Long side! LoL!!!!

I have started accumulating FCPO since last week, and might add more this week.  I hope the Bulls don't screw me up this time. LoL!!!!!!!!


Thursday, June 28, 2012

Time to Long! Part IV - Final

Cut loss. Time to stay sideline instead. LoL!

Time to Long! Part III

Looks like the Bull is just plain bull, if not bull shit. LOL!
3 and a 1/2 days on still not much happening. Not a very good sign for now. 

Time to Long! Part II

I noticed after my Long call on FCPO, a number of so called traders of Malaysian blogosphere also starting to shout Long. LOL! I was afraid these herds might spoil my business. LOL!! Then again, the market working for me by shaking out the weaks ones, and I have a pretty good feeling today. Bears, you are gonna be in deep deep deep trouble.  LOL!! 

Monday, June 25, 2012

Time to Long!

My chart says FCPO has reached bull territory, my money is also on the Long side now. See you at the top!  LoL!!! (Worst case scenario : Cut Loss only what. If scared,better don't trade, ok?) LOL!!!

Tuesday, May 29, 2012

End of May, Take Profits

FCPO, cash out. Good lucks to those who are still HOPING it can drop further for now. LoL!!!

Monday, May 14, 2012

Thursday, September 22, 2011

Friday, May 6, 2011

Sell in May and Go Away??!!

Is it a cliche, adage or just a rhyme that lingers in your head? LOL!
Some idiot said this "Sell in May and Go Away" thingy is only applicable for equities market. You decide:

Saturday, April 9, 2011

A Reminder For You and Me ~ Part.III

Told you twice. LOL!
Now this beastly (or lovely, which depends on what position you are in! LOL!!) Crude Oil is at its record high since mid/August/2008. How do you hedge against such inflation? Play aLONG!!! LOL!!!

Wednesday, March 23, 2011

A Reminder For You and Me

Been there, Done that! LOL!!!

Tuesday, November 16, 2010

See You at the Top!!! Part IV

This weekly chart is still in the making but I have decided to take my cpo profits. My expectation was to take the profits at 35xx level, but disappointment follow unfulfilled expectation (LOL!); I exited at 332x level. End of the day, no complaint over the 200++ points gain per contract. LOL! This post will mark the end of my trading journal for the year.

There is a time to make, and there is a time to rest. My 7week holidays start tomorrow through New Year 2011!

SEE YOU NEXT YEAR!

Thursday, November 11, 2010

See You at the Top!!! Part III

True trend followers will never give up their Long position at now, not me. My model shows possible resistance at at 3500 level. Never ever short it, but for me to take profit at the stipulated level is in my to-do list.

Monday, November 1, 2010

See You at the Top!!!

Where is the top? I don't know. LOL! This beautiful FCPO 3rd month daily chart with price channel for your free viewing pleasure. Turtles strike it good this time.

Monday, October 11, 2010

Surviving the Shakeout

This year, FKLI and FCPO are making new highs one after another. Ironically, we also witness some bloggers being roasted by the markets. Market operates in a mysterious way. It likes to shakeout the weak holders before it makes another major move. It likes to exhaust the wish-washy traders and stubborned traders too. To survive the shakeout, is like walking on a mid-air rope. Feel the rope, advance when the rhythem is with you; in shaky situation, take a breather and ragain your balance. Yes, I am aware I might be talking rubbish. LOL!

Thursday, October 7, 2010

Yesss, finally it CAME!

Crude Palm Oil Futures News - Compared with its previous high, today a even stronger move to trigger Turtles' buy orders? trigger Shorties' stops? trigger Chart Pattern lovers' handle buy orders? WHATEVER... this is the beauty of commodities market, everyone seems to make money when it TRENDS. LOL!