Sunday, November 8, 2009

Have no time....

Hi,

Trade still running but I don't have time to update my blog....

1. i.m not tell detail about my trade.... Maybe if i had some extra time.. i'll do it...

2. For point accumulate, i'll change to money accumulate which will update after i get my monthly statement....

Good luck to all cpo traders.....

Monday, October 19, 2009

Tuesday, October 13, 2009

Monday, October 12, 2009

Cut Loss

Date : 013.10.2009
Position : Close
Price : 2151
Status : done
------------
Loss : (2067 - 2151)x2 = -168

Friday, October 9, 2009

Close FCPO Dec with profit

Date : 09.10.2009
Position : Close
Price : 2067
Status : done
-----------
Profit : (2067 - 2063)x2 = 8

Tuesday, October 6, 2009

Wednesday, September 30, 2009

Friday, September 18, 2009

Close with profit

Date : 19.09.2009
Position : Long / Buy
Price : 2208
Status : done
---------------
pROFIT : (2208 - 2182) X 2 = 52

Wednesday, September 16, 2009

Cut Loss

Date : 17.09.2009
Position : Cut Loss
Price : 2183
Status : done
----------------
Loss : (2083 - 2183)x2 = -200

Thursday, September 3, 2009

Friday, August 28, 2009

Tuesday, August 25, 2009

Wednesday, August 19, 2009

Monday, August 17, 2009

Cut Loss

Date : 17.08.2009
Position : Cut Loss
Price : 2437
Status : done
Contract : Nov
---------------
Loss : 2347 - 2437 = -90

Friday, August 14, 2009

Long / Buy FCPO Nov Contract

Date : 14.08.2009
Position : Long / Buy
Price : 2437
Status : done
Contract : Nov
---------------
Target : 2467
Status : pending

Tuesday, August 11, 2009

Loss

Date : 11.08.2009
Position : Cut Loss
Price : 2467
Status : done
-------------------
Loss : 2437 - 2467 = -30

Scalping FCPO Oct contract

Date : 11.08.2009
Position : Sell /Short
Price : 2437
Status : done
-------------------
Target : 2407
Status : Pending

Close with profit FCPO Oct contract

Date : 11.08.2009
Position : Close
Price : 2417
Status : done
----------------
Profit : 2417 - 2394 = 23

Tuesday, August 4, 2009

A picture is worth a thousand words

Hello CPO Traders,

Sorry for less writing in this blog. For me "a picture is worth a thousand words" and maybe i'm a not a good teacher to do some writing. So I'll post my position and some my technical chart. Maybe You can ask me by email or YM.

Close with profit

Date : 05.08.2009
Position : Close
Price : 2340
Status : done
------------
Profit : 2340 - 2323 = 17

Long FCPO Oct Contract

Date : 04.08.2009
Position : Long / Buy
Price : 2323
Status : done

Sunday, August 2, 2009

Tuesday, July 28, 2009

CPO Oct Cut Loss and change position to long / buy

Why cut loss

Date : 29.07.2009
Position : Stop Loss
Price : 2145
Status : done
-----------------------
Position : Long / Buy
Price : 2145
Status : done
-----------------------
Reason : Stochastic cross and price above middle line of bollinger band

Wednesday, July 22, 2009

Sell / Short Today

This is my first try to trade long term.

Date : 23.07.2009
Position : Sell / Short
Price : 2105
Status : done
Reason : Stochastic cross and price below middle line of bollinger band

Tuesday, July 21, 2009

Close position CPO OCT

Date : 22.07.2009
Position : Sell / Short
Price : 2154
-----------------
Target : 2105
Status : Close

2154 - 2105 = 49

Tuesday, July 14, 2009

Monday, July 13, 2009

Bigger Loss

Date : 13.07.2009
Position : Cut Loss
Price : 1987
Status : done
------------------
1987 - 2051 = -64

Tuesday, July 7, 2009

Buy / Long CPO SEPT contract (scalping)

Date : 08.07.2009
Position : buy / long
Price : 2000
Status : done
---------------
target : 2040
status : pending

June 2009 Statement

Ready to long / buy cpo, wait reversal signal and confirmation

Strong bullish soon???

position close

Date : 07.07.2009
Position : close
point : 2090
Status : done
-------------
2090 - 2072 = 18 points

May 2009 statement

Scalping Sept contract CPO

Date : 07.07.2009
Position : Sell / short
point : 2097
Status : cancel

Date : 07.07.2009
Position : buy / long
point : 2072
Status : done
-------------
target : 2090
status : pending

Short / sell CPO Sept contract

Date : 07.07.2009
Position : Sell / short
point : 2097
Status : Pending

Wednesday, June 24, 2009

Profit

Yup open higher than yesterday close. My yesterday position close at 2283. So today profit 2283 - 2243 = 40 points.

still hold

today buy position still hold. I'll take small profit tomorrow because today is bearish candle.

Monday, June 22, 2009

Exit 2204 Done

Exit Buy position done at 2204. 2204-2183 = 21 points.

Correction???

Correction??? Wait for reversal pattern of candlestick...

Buy / Long at 2183

Buy / long at 2183(done) and target at 22040(still pending).

Long Term Target??

Long term target???

My CPO Simple Money Management

This is my simple Money Management. Margin is 8K.

Intraday trading vs long term trading

Hi,

This is my opinion. Intraday trading vs long term trading.

Intraday,
1. Small profit
2. Small loss
3. Suitable for small equities

Long term Trading
1. Big profit
2. Big Loss
3. Suitable for big equities

Now i'm trading using intraday strategy and hope soon I'll use long term strategy for more profit. When market ragging intraday strategy is suitable and when market make a move, long term strategy is more profitable. Hope get a strategy suitable for my trading.

Still Learning.....

Loss Again

Cut loss at 2207 done. So 2207-2230 = -23.

Sunday, June 21, 2009

Buy / Long back.

Now I long back sept contract at 2230 (done).

Close Last Week Position

For me, better close now. Sell / short again if break support line and go buy / long if there got some bullish signal.

Last week position close with profit at 2235, 2286-2253 = 33 points.

Reversal???

Time for reversal. For me wait for candlestick reversal pattern.
See chart below (sept 2009).


Time fot reversal. For me wait for candlestick reversal pattern.

Saturday, June 20, 2009

Wait for Monday

My position sell sept contract at 2286 still hold, Previous close is 2285. So wait for monday. Let see what happen...

Friday, June 19, 2009

Still study

I'm still finding best way to trading for maximize my profit. Intraday Trading only get small profit but CPO can go easily 100 point in one day. What do you think best technical analysis should I use?

Moving Average?
MACD?
RSI?
STOCASTIC?

Sell / Short Today

Today 1 sell / short position sept contract 2286 (done) and target 2260 (pending)

Thursday, June 18, 2009

Wednesday, June 17, 2009

Set stop profit

For sell sept contract(2373), Set stop profit at 2354(still pending).

LOSS 28 Points

Immediate cut loss 2373 and go sell at 2373. Loss 28 points. Now 1 Sell position sept contract at 2373.

Still hold

Yesterday position still hold. Hopefully morning cpo will have some bullish momentum and I'll close position and go to sell. Daily chart look bearish trend continue.

Tuesday, June 16, 2009

Buy 2401 done.

Buy sept contract at 2401. Done. Target 2431 stil pending.

Yesterday Chart

What do you think. Reversal???

Chart Sept 2009 contract (16 June 2009)

Today Go Buy / Long

Today I buy 1 set contract at 2401 (still pending) and target profit at 2431 (still pending)

close and profit

Today I close my position at 2388. My strategy is short term trading so today maybe bullish because yesterday close with bullish candlestick.

Profit = 13 points.

Today position still open

Taday position still open. Let see what happen tomorrow.

Monday, June 15, 2009

Today Sell

Today Sept contract sell at 2401 (done) and stop profit at 2353 (still pending).

Friday, June 12, 2009

Gain more 20 points

Yes.... Close with profit at 2462 around evening session. Today profit 20 points.

Thursday, June 11, 2009

Sell order done

This morning sell aug contract at 2482 done and target at 2462 (still pending).

Wednesday, June 10, 2009

No trade....

Maybe this week no trade...
because holiday at Terengganu.....

Friday, June 5, 2009

Profit Again

Today around 5.30 to 6.00 my position close with profit at 2531. 2547 minus 2531 equal to 16 point.

From now i'll not post my profit in RM i got but only tell the point only.

Thursday, June 4, 2009

Still Hold

Yesterday SELL still hold. Cut Loss At 2617 still pending. For me the trend is bearish. What do you think?


Wednesday, June 3, 2009

FCPO Today 04 Jun 2009

Hi,

Today I Sell (1 contract) Aug contract at 2547(done 11.00am) and stop profit at 2517.

Monday, June 1, 2009

First Trade, I'm Lucky???

Hi,

Today is my first trade in cpo.

How I enter the market?
>> For me if open > previous close then I'll go long.
>> For me if open < previous close then I'll go short.

Target?
>> At Support 1 or 2 or 3 Resistance 1 or 2 or 3.

Stop Loss
>> Close Yesterday

Today I long at 2619 and target at 2636, But at evening session open at 2640 so I close at 2640.

Today profit 2640-2619 = 21 point (RM 525)
After minus Brokerage so my profit is RM 525 - RM 40 = RM485.

Wednesday, May 27, 2009

First step - Opening account and make deposit

Hi,

My OD approved and today I'll go to one of cfpo/cpo broker to open an account and make a deposit.

For the starting i'll make deposit 10K. This is my testing in cpo trader. Wish me good luck. Hope i'll make some money from cpo trading like other traders.

A first step of journey to multi-millionaire CPO Trader.......

Wednesday, May 13, 2009

Pivot Point

Hi,

Now i learn some technical analysis, Pivot Point.

The calculation for a pivot point is shown below:
Pivot point (PP) = (High + Low + Close) / 3

Support and resistance levels are then calculated off the pivot point like so:
First level support and resistance:
First support (S1) = (2*PP) – High
First resistance (R1) = (2*PP) – Low

Second level of support and resistance:
Second support (S2) = PP – (High – Low)
Second resistance (R2) = PP + (High - Low)

Open price over pivot point is bullish and below pivot point is bearish. Maybe some body can teach me how to use this pivot point. Where to entry and where to exit. The important is to know the TA an more important is to know how to use it.

Adion.

Wednesday, May 6, 2009

Still waiting

Hi,

now i still waiting my Over Draft Approve. For the starting i'll invest RM 10K in trading CPO. I'll update again my blog after i made my deposit.

Anyway com and visit my dictionary project. http://mykamus.my or for fast searching use http://mykamus.my/eng/your_search to translate from english to malay and http://mykamus.my/mal/your_search to translate from malay to english.

Adios.

Sunday, April 19, 2009

Be a millionare in CPO

Hi,

May some of you know what is CPO or what we call Crude Palm Oil.

Today my first step is create a blog about my journey intrading CPO. I want to share my profit also my loss here.

Please support me.