Saturday, April 23, 2011

Technical Vs Fundamental Trading In Crude Palm Oil (CPO) Futures


If you are a novice trader in CPO futures trading, fundamentals data and news will always be very hard to get on time or we can just say that you won't have the first hand information, so to say. Therefore, back up yourself with certain technical skill on how to read technical indicators like 20ma, RSI, stochastic before you start trading will be a better choice.

Then, how to succeed in CPO Futures trading?

Do not ever follow broker's advice or other trader you know to trade because you may not have the same emotion or psychology on discipline that they have, which can be a disaster that you yourself cannot take it.
CPO Fundamentals data that always watched by majority traders have been placed in my blog for you to refer and I think it is a good place to start as a beginner. Fundamentals data allows you to digest how will be the impact of those data can affect the trend of cpo futures in Bursa Malaysia Derivatives and how are the major players plan their next trading strategies after those data being released. The data like palm oil export figures released by those two well known palm oil cargo surveyors will be the most closely watched by all palm oil traders. The data consistently being released on five specific dates and times every month. Another important figure being released is the government agency official figures out in every middle of month about demand and supply of palm oil related products.

CPO Technical trading will be regarded as the most trading tools being used by majority crude palm oil futures traders; therefore, as a novice trader, you should build your base with technical trading first which it indirectly helps you build up your trading discipline. Buy some good technical books about cpo futures trading and start following the method of the trading signal given by those indicators which help build your own trading rhythm in future. Don't be shy asking if you want to succeed in CPO Futures trading.
CP Yeoh is presently based in Malaysia with over 15 years of crude palm oil futures trading, where he developed his interest in futures trading. As crude palm oil futures has not been an area the average investor would consider, but that has changed and suddenly there are so many opportunities out there to profit from futures trading. CP Yeoh enjoys sharing his knowledge with other enthusiasts. He has prepared a complimentary technical report packed with facts which you can download at CPO Futures trading.




Thursday, April 21, 2011

Thursday Trading Tip: Expected Bullish Tone...

Assalamualaikum...

Hi traders,

CPO ended higher on Wednesday at 3315lvl with high volume traded. Seems like bullish come back and diminished the bears sentiment....Likely bullish tone will significant if CPO level can sustain above 3300. Upside tone may develops if open >3305 and close >3330. CPO may downside bias if open < 3290 and close <3270. I'm expecting CPO may play 3305-3380 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"

Wednesday, April 20, 2011

Crude Palm Oil Rises On Short Covering, External Leads | Palm Oil HQ

Crude Palm Oil Rises On Short Covering, External Leads | Palm Oil HQ

Crude Palm Oil Ends Up A Tad; Weak Exports Cap Gains | Palm Oil HQ

Crude Palm Oil Ends Up A Tad; Weak Exports Cap Gains | Palm Oil HQ

Wednesday Trading Tips: Bullish Tone If Above 3270

Assalamualaikum...

Hi traders,

CPO ended higher on Monday at 3255lvl with moderate volume traded. Seems like bears was in critical position....Likely bearish tone will significant if CPO level can sustain below 3250. Downside tone may develops if open <3220 and close <3220. CPO may upside bias if open > 3240 and close >3270. I'm expecting CPO may play 3230-3280 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"

Tuesday, April 19, 2011

Tuesday Trading Tip: Bulls vs Bears

Assalamualaikum...

Hi traders,

CPO ended higher on Monday at 3246lvl with low volume traded. Seems like bears still the battle....Likely bearish tone will significant if CPO level can sustain below 3250. Downside tone may develops if open <3230 and close <3230. CPO may upside bias if open > 3250 and close >3270. I'm expecting CPO may play 3230-3280 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"

Monday, April 18, 2011

Crude Palm Oil Ends Up On Dip Buying, Likely Rise In Exports | Palm Oil HQ

Crude Palm Oil Ends Up On Dip Buying, Likely Rise In Exports | Palm Oil HQ

MALAYSIA'S CPO MARCH11 EXPORT & IMPORT DATA, PRODUCTION & STOCKS









Monday Trading Tip: Bearish Expected, But May pullback

Assalamualaikum...

Hi traders,

CPO ended lower on Friday at 3236lvl with high volume traded. Seems like bears dominating the battle....Likely bearish tone will significant if CPO level can sustain below 3250. Downside tone may develops if open <3255 and close <3250. CPO may upside bias if open > 3290 and close >3300. I'm expecting CPO may play 3215-3260 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"