Short / sell CPO Done

Sell / short 2240 1 sept contract done. Target 2198 still pending.

Close position at 2237

My short / Sell position close at 2237. 2274 - 2237 = 37 points.

Short CPO Done

Short / Sell sept contract at 2274 done and target 2237 still pending.

Bearish, Wave 5???

This is from my view. How about yours?

Change TP to 2250

Change TP to 2250(done). 2261 - 2250 = 11 points.

Short / Sell Today

Short / Sell done sept contract at 2261 and target at 2240 (still pending)

Loss

Cut Loss At 2302. 2302-2324 = -22 points

Change TP and SL

TP = 2344
SL = 2304

Today Long

Today long 2324 (Done) targer 2362 (still pending) - pivot resistance 1

Reason :
1. long term trend still bullish
2. Today support around 2310 and 2314(pivot point)

Profit 10 points

Close at 2322. 2322 - 2312 = 10 points.

Long Again

Long at 2312(Done)

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.

Bullish / Reversal???

For me now is reversal trend from bearish to bullish....
See this below chart....

Long / Buy Position

Today long / buy at 2243 Done...

Scalping - Profit

Sell sept contract 2247, target 2232 done. Profit 2247 - 2232 = 15 points.

Scalping

Scalping Sell / Short at 2247(done) and target at 2232(still pending)

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.

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.

Wait for Monday

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

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)

Close with profit

Finally today close with profit. 1 sept contract sell at 2373 and close at 2354 = 19.

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.

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.

Today Sell

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

Gain more 20 points

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

Sell order done

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

No trade....

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

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.

Still Hold

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

FCPO Today 04 Jun 2009

Hi,

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

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.