Friday, July 30, 2010

ANNOUNCEMENT: I'm not in the market today

Thursday, July 29, 2010

Thursday Trading Tip: Bullish Trend on-track

Assalamualaikum....

Hi traders,

CPO ended higher yesterday at 2495, a 2nd day of uptrend candle. It looks like bullish trend back to online if CPO open > 2485-2500 and close > 2500. But will bearish if CPO open <  2480-2470 and close < 2470. The major CPO trend still in upside biased towards 2520. I'm expecting CPO to test 2480-2510 today.

Take your position nicely...

Happy Trading...

Wassalam....

Tuesday, July 27, 2010

Wednesday Trading Tips: Correction...corrections

Hi traders,

Assalamualaikum...

CPO ended higher today at 2485 after moving into -ve territory. Last call for CPO pushing it up again. It's looks like CPO may test 2460-2500 tomorrow if open > 2460-2485 and close > 2490. Otherwise it will downside biased for further correction if open < 2440-2420 and close < 2440. Major trend is still upside biased towards 2500. CPO started more volatile within this week as the weather pattern uncertain. Watch out your position....

Take your position nicely....

Just my 2cents.....

Wassalam....

Tuesday Trading Tip: Correction

Hi traders,

Assalamualaikum...

CPO ended lower yesterday at 2473 lvl, a 2nd day for downside corrections. Hopefully CPO will bullish today if open > 2500-2510 and close > 2500. Otherwise CPO may bearish today if open < 2480-2475 and close < 2475. Major CPO trend is still upside biased towards 2600 lvl. I'm expecting CPO may test 2470-2500 lvl for corrections.

Take your position nicely.....

Happy trading.....

Wassalam....

Monday, July 26, 2010

Monday Trading Tip: Bullish with correction

Hi traders,

CPO ended lower on Friday at 2498 lvl for corrections towards upside biased. CPO may bullish today if open > 2505-2520 and close > 2520. But may bearish today if open < 2497-2490 and close < 2490. However the price either bullish or bearish subject to SGS & Intertek July 1-25 export data release by today. I'm expecting CPO may test 2500-2540 today. The major trend is still in bullish tone......

Take your position nicely....

Just my 2cents...