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CPO : Ends Higher

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, palm oil futures

The CPO ( Crude Palm Oil ) futures for February contract open at 2474 and closed at 2495 yesterday. The highest was at 2498 and the lowest was at 2445. The market ended higher with a white bar.

If you look at my forecast yesterday, see # 1, and had put a sell, say at 2455 ( anyway, if you were uncertain, you could place the sell position at 2453), you would have been able to make a maximum profits of 10 points provided if you decided to liquidate your position before lunch. If you decided to prolong to after lunch, you would definitely have your finger burt! If you look again , the market open at the highest level of the 2464-to-2474 levels and in fact it was quite risky to enter the market, further more the entrance at 2455 ( or 2453 ) was a little bit late as far as this strategy ( after opening strategy ) is concerned ( see # 6, my posting dated 12th January). Well, sometimes you have to take the risk, guys! No risks no gain!

That's about it.

Have a nice trading day, guys....

8.42am

CPO : Further Up?

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, palm oil futures

The CPO ( Crude Palm Oil ) futures for January's contract open at 2200 and closed at 2197 yesterday. The highest was at 2217 and the lowest was at 2184. The market ended higher but with a black bar. It was the buyers' market yesterday. Since the market yesterday open higher than the forecasted level, so I think it is better for me to go to the next move.

Today's market direction is quite crucial as the market shows the probablity of further up is quite encouraging.

Today

In long run, the market is bullish and so is the very very short run. Anyway, I think, the market's performance would depend on the opening of the market today. The forecast for today; .
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After opening strategy:

1) If the market opens between 2190 to 2206. Buy after the market has gone up and passed the levels between 2211 to 2216. More significant if the market opens more towards the upper part of the 2190-to-2206 levels.
2) If the market opens between 2207 to 2223. Buy after the market has dropped a bit and then moves up 5 points above the opening level.More significant if the market opens more towards the lower part of the 2207-to-2223 levels.
3) If the market opens between 2179 to 2189. Sell after the market has passed down the levels between 2174 to 2179. More significant if the market opens more towards the lower part of the 2179-to2189 levels.

OR ( before 11.40a.m.)

1) If the market opens between 2194 to 2213. Buy after the market has moved up beating the levels between 2215 to 2220 and then dropped to the levels between 2195 to 2201.
2) If the market opens between 2184 to 2210. Sell after the market has passed down the levels between 2178 to 2183 and then moves up to the levels between 2201 to 2206.
3) Also refer to my postings dated 12th January, see #6

If the market opens besides the above, as usual, it is up to you...... it's your money Mike!

If you are not sure.......just contact the PM.......the 1Malaysia guy!

Have a nice trading day, guys.....

P/s. Israel's war criminals will be charged in International Criminal Court in the Hague by UN Security Council?...Hahahahahahahahaha
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9.25a.m.

CBOT UP Yesterday, CPO Today : Part 2 ?

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, own business, palm oil futures

The CPO ( crude Palm Oil ) futures for December contract open at 2115 and closed at 2103 yesterday. The highest was at 2121 and the lowest was at 2096. The market ended lower with a black bar and it was buyers' market. As for my forecast, the market open not within the forecasted points yesterday, so just let it be! Don't worry, be happy!
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Today

It seems that the market is still in the sideways situation. A big movement and direction would occur if the levels 2077 or 2192 are broken. The forecast for today ;

1) If the market opens between 2103 to 2114. Buy after the market has moved up passing the levels between 2120 to 2125. If the market manages to beat up the levels between 2133 to 2138, the market may go further up.
2) If the market opens between 2101 to 2113. Sell after the market has retraced and passed down the levels between 2090 to 2095.
3) If the market opens between 2120 to 2125. Buy after the market has dropped a bit and then moves up 5 points above the opening level.
4) If the market opens between 2065 to 2077. Sell after the market has moved up a bit and then falls 5 points below the opening level.
5) If the market opens besides the above, I think you know what you are going to do next.
6) Please refer to my posting dated 12th January, see #6.

If you are not sure....then please be very sure...

Have a nice trading day , Mike...........cheers

8.50am

CBOT Up Yesterday, CPO Today?

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, own business, palm oil futures

The CPO ( Crude Palm Oil) futures for December contract ended up slightly higher yesterday. Anyway the market ended up a black bar.

Today

In long term the market is still bearish but the very short term, the market is slightly bullish. My forecast for today's market is as follows ;

1) If the market opens between 2093 to 2102. Sell after the market has retraced and passed down the levels between 2083 to 2088.
2) If the market opens between 2104 to 2114. Sell after the market has passed down the levels between 2093 to 2098 or buy if the market moves up passing the levels between 2110 to 2115.
3) If the market opens between 2116 to 2127. Buy after the market has moved up and passed the levels between 2132 to 2137.
4) If the market opens between 2132 to 2145. Buy after the market has dropped a bit and then moves up 5 points above the opening level.
5) If the market opens other than the above, it is up to you, guys....
6) Also refer to my posting dated 12th January , see # 6.

As usual, if you are not sure, just consult your dealer but never your son, he is more interested in the h/phone rather than anything.

Have a nice trading day, guys.....cheers.

P/s The picture above looks familiar just like a passport picture of someone that you know !

8.55am

CPO: Am I Running Out Of Luck?

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO investment, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, how rich in CPO, palm oil futures

The CPO futures' market for November contract ( actually it should be the December contract ) on 16th September was open not within the forecasted levels. So, as usual, there should be no comment on the matter.

The setback of using this "Opening Strategy" is that if the market opens not within one of the suggested forecasts, then a day of trading would be wasted. If this happens for several days, it would mean more days would be wasted. So it is suggested that a person should have multiple of strategies so that if one strategy does not work, he still has other methodologies to follow.

Today

As for today and a few days next week, I am going for a short days off for my Hari Raya, so I would rather feel not to do any forecast for today. Further more I could see that lately the volatility of the market has not been very encouraging.

Have a nice trading day guys.....

Selamat Hari Raya

1.00am

CPO : Sideline Again?

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, palm oil futures

The CPO ( Crude Palm Oil ) futures for November contract open at 2098 and closed at 2101 yesterday. The highest was 2118 and the lowest was 2085. The market ended higher and it was a buyer's market.

Since the market open not within one of the suggested forecasts, then there was no money acquired yesterday.

Today

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In a very short term, the market now is in the sidelines or uncertainty period. The forecast for today ;

1) If the market opens between 2095 to 2106. Buy after the market has moved up passing the levels between 2112 to 2117.

2) If the market opens between 2071 to 2082. Sell after the market has retraced and passed down the levels between 2060 to 2065.

3) If the market opens between 2108 to 2120. Buy after the market has retraced a bit and then moves up 5 points above the opening level.

4) If the market opens besides the above, it is simply your call....

5) Also refer to my posting dated 12th January, see #6

If you are not sure , just contact Cpt. Marvel....( see picture above).

Have a nice trading day everybody...........

8.00am

CPO Keeps Moving Southwards

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, palm oil futures

The CPO ( Crude Palm Oil) futures for November contract ended lower on last Friday dated 4th September. The market open at 2218 ( see #2) and immediately fell to 2204 before shooting up and be at the top level for most of the day. So had a sell position been placed between 2008 to 2013, a loss of at least 20 points could not have been avoided. So that was what had happeded to me! Two consocutive days of losses. What a day!

Today

In long run, the market is now in bearish postion and so is the very short term. The forecast for today ;

1) If the market opens between 2136 to 2151. Sell after the market has moved up 7 points above the opening level.
2) If the market opens between 2125 to 2135. Sell after the market has retraced and passed down the levels between 2115 to 2120.
3) If the market opens between 2152 to 2161. Buy after the market has moved up and passed the levels between 2166 to 2172.
4) If the market opens between 2166 to 2177. Buy after the market has dropped a bit and then moved up 5 points above the opening level.
5) If the market opens between 2178 to 2186. Buy after the market has dropped a bit and then moved up 5 points above the opening level or buy after the market has moved up 5 points above the opening level.
6) If the market opens between 2100 to 2119. Sell after the market has moved up a bit and then falls 5 points below the opening level.
7) If the market opens other than the above, it is your call.....I am blank now.

Have a nice trading day, guys...

P/s. The new PM of Israel, Netanyahu, has made an announcement to build about 350 unit of houses in the occupied land of Pelastine. This is his first action regarding the occupied land after taking office. He is nothing but ....?!#@$%^&%$!? ( Well, that is the most that I can do....)

8.30am

CPO : Road To South

Posted by Flora Sawita Labels: business opportunity in Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, own business, palm oil futures

It has been a month, that was from 14 July to 13th August, that the CPO futures market has shown an upward movement but on last Friday and yesterday, the market have indicated that it was moving southwards. Will this downwards movement prolong in the next few days? It is hard to say as you can never forecast the market performance even if you have the mean to do so because the market's direction is largely motivated by human factors.

Today

In the long run, the market is still bullish and so is the medium term but the very very short term, the market now is bearish. The forecast for today ;

1) If the market opens between 2356 to 2362. Buy after the market has dropped 5 points below the opening or buy after the market has moved up 5 points above the opening point.

2) If the market opens between 2363 to 2370. Buy after the market has moved up passing the levels between 2375 to 2380.

3) If the market opens between 2375 to 2395. Buy after the market has dropped a bit and then moves up 6 points above the opening level.

4) If the market opens between 2335 to 2350. Sell after the market has moved up 8 points above the opening level.

5) If the market opens between 2325 to 2334. Sell after the market has dropped and passed the levels between 2315 to 2320.

6) If the market opens between 2300 to 2320. Sell after the market has moved up a bit and then falls 6 points below the opening level.

7) If the market opens other than the above...it is up to you...anyway it is your money!

8) Please refer to my posting dated 12th January, see #6

As usual, if you are not sure...er..er...mmmm...er... just contact your futures dealer, who else.

P/s.......:-) :-) :-) :-) :-) etc...

Have a nice trading day....

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3-9.26am

CPO : Soy Bean Down

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, how rich in CPO, make money, palm oil futures

The CPO ( Crude Palm Oil ) futures for October contract open at 2300 and closed at 2325 yesterday. The highest was at 2345 and the lowest was at 2275. The market ended lower with a white bar.

Having open at 2300, the market immediately moved up to 2308 and then fell to 2275, the lowest of the day, before moving up again to settle at 2293 before lunch break. In the afternoon, the market kept climbing up to 2345, the highest of the day, before finally closed at 2325.

If you look at my forecast yesterday, see # 3, after the market open, it moved up a bit ( 8 points ) and then fell to 25 points after the opening to the lowest of the day. If , say, you had placed a sell position at 2294, you would probably have been able to make profits between 10 to 19 points. As in a day trading, the moment you see some profits, it is better for you to lock them up before the market goes against you because if you decide to prolong, you may not end up to what you may expect it to be.

Today

As for today, I'd like to take a rest from doing any forecasting....yabadabadooo..

Have a nice day and enjoy your trading, guys.....

3-8.40am

CPO Next Move

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, palm oil futures

The CPO ( Crude Palm Oil ) futures for October contract open at 2331 and closed at 2333 ysterday. The highest was at 2357 and the lowest was at 2304. The market ended higher with a small white bar.

The market open at 2331, dropped a bit and then moved up to 2357, the highest of the day, before dropping back to 2339 before lunch break. In the afternoon, the market kept falling down to the lowest of the day before pulling up again to close higher at 2333.

If you look at my yesterday's forecast (see#1), and had, say, placed a buy position at 2346, then you would be in a situation of ; making profits of between 2 to 10 points or making a loss of 2 to 10 points if you decided to close position just before lunch. Had you decided to prolong after the morning session, you would have definitely ended upwith a burn in your pocket .

Today

Well, this week's performance, if you are to use this opening-strategy, has not been good, don't you think so? Then, it should mean that you must not depend on one strategy only but have to have a few other strategies as well. At least, it will make sure that you have other methods to enter and exit the market.

My forecast for today;

1) If the market opens between 2314 to 2324. Sell after the market has moved up 6 points above the opening level. Any way, if the market keep moving up and passes the levels between 2346 to 2352, the market may move further up especially if the market opens more towards the upper level of the 2314-2324 points.

2) If the market opens between 2331 to 2341. Buy after the market has moved up beating the levels between 2346 to 2352.

3) If the market opens between 2304 to 2313. Sell after the market has fallen and passed down the levels between 2294 to 2299.

4) If the market opens between 2280 to 2303. Sell after the market has moved up a bit and then falls 6 points below the opening level or sell after the market has fallen 6 points below the opening level.

5) If the market opens other than the above, it is your call....

6) Please refer also to my posting dated 12th January ( see # 6)

If not sure...just contact anybody whom you think you can trust but not....me!!!

Have a nice trading day, guys....

3-9.50am

CPO Futures - Ding Dong

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, own business, palm oil futures

The CPO ( Crude Palm Oil) futures for October contract open at 2128 and closed at 2140 yesterday. The highest was at 2158 and the lowest was at 2109. The market ended lower and was a black bar.

Yesterday the market open within one of the forecasted levels but did not move accordingly. As usual, no comment.

Today

In long run, the market is still bearish but the short and medium terms, the market is bullish now. The forecast for today ;

1) If the market opens between 2109 to 2118. Sell after the market has retraced to pass down the levels between 2100 to 2105. If the market manages to fall down the levels between 2075 to 2080, the market may fall further down and it may end a black bar today or at least in the early part of the trading day.

2) If the market opens between 2119 to 2128. Sell after the market has moved up 5 points after opening level. Be xtra careful of the false alarm and do not forget your stop loss.

3) If the market opens between 2129 to 2138. Buy after the market has moved up and passed the levels between 2143 to 2148. If these levels are broken up, the market may go further up.

4) If the market opens between 2085 to 2104. Sell after the market has moved up a bit and then falls 7 points below the opening level.

5) If the market opens between 2139 to 2150. Buy after the market has retraced a bit and then moves up 6 points above the opening level or buy after the market has moved 6 points above the opening level.

6) If the market opens besides the above....it's your move....or may be you can go out and watch The Room - voted to be the Best Worst Film Ever Produce.

7) Please refer to my posting dated 12th January ( see #6 )

If not sure....then you are not sure..what else!

Have a nice trading day, guys/ gals...

P/s - Have u seen The Room? People are flocking to the theatre, in US, to watch this Best Worst Film ever produced.

3-9.01am

CPO Futures Ends Higher

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, own business, palm oil futures

The CPO ( Crude Palm Oil ) futures for October contract open at 2125 and closed at 2140 yesterday. The highest was at 2146 and the lowest was at 2106. The market ended higher and was a white bar.
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The marke did not open within the suggested forecasts, so no comment for today.

Today

In long term, the market is still bearish but the very very short and medium term, the market is bullish. My forecast for today;

1) If the market opens between 2130 to 2146. Buy after the market has fallen 5 points below the opening level or/and if the market opens between 2136 to 2146; Buy after the market has fallen 5 points below the opening level or buy after the market has moved up 7 points above the opening level. Be xtra careful of the false alarm and do not forget your stop loss.
2) If the market opens between 2147 to 2156. Buy after the market has dropped a bit and moved up 5 points above the opening level or buy after the market has moved 7 points above the opening level.
3) If the market opens between 2157 to 2171. Buy after the market has dropped a bit and then moves up 5 points above the opening level.
4) If the market opens between 2120 to 2129. Sell after the market has passed down the levels between 2110 to 2115
5) If the market opens between 2095 to 2115. Sell after the market has moved up a bit and then falls 5 points below the opening level.
6) If the market opens other than the above...It is your call...I just do not know what to say...
7) Plese refer to my posting dated 12th January 2009 ( see # 6)
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Have a nice trading day, guys...
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3-1.08am

Contrarian Effect Again?

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, CPO investment, creat wealth, create wealth, crude palm oil, crude palm oil futures, how rich CPO, make money, palm oil futures

The market , currently, is said to be in consolidation period and many expect the market to fall further. As for me, it still depends on the opening level of the market today.
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Today

My forecast for today;

1) If the market opens between 2075 to 2124. Buy after the market has fallen 13 points after the opening level. The market would be more significant if it opens more towards the upper level of the 2075 -to-2124 levels. Just be careful of the false alarm and also to make sure that the 13 points down do not exceed the level 2062.
2) If the market opens between 2125 to 2134. Buy after the market has passed the levels between 2140 to 2145.
3) If the market opens between 2062 to 2074. Sell after the market has retraced and passed down the levels between 2050 to 2057.
4) If the market opens between 2140 to 2160. Buy after the market has dropped a bit and then moves up 6 points above the opening level.
5) If the market opens between 2040 to 2057. Sell after the market has moved up a bit and then falls 7 points below the opening point.
6) if the market opens other thna the above, it is simply up to you, guys......
7) Please refer to my posting dated 12th January ( see #6)

If you are in doubt, just contact your dealerlah.....Do not contact your grandfather as he only knows how to wistle while brushing his teeth.....

Have a nice trading day, guys....

5- 9.14am

CPO : Where To Now

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, own business, palm oil futures

The CPO ( crude palm oil ) futures for September contract open at 2054 and closed at 2103 yesterday. The highest was at 2124 and the lowest was at 2049. The market ended higher with a white bar.

The market open at 2054, dropped a bit to 2049, the lowest of the day, and then shot up to 2102 before closing at 2096 before lunch ( see enclosed graph ). In the afternoon, the market open at 2107 , moved up to 2124, the highest of the day, and then retraced to finally closed at 2103. If you look at my forecast yesterday ( see #1) and if you were to place a buy position , say at 2065, you would probably have made profits

of between 10 to 30 points before lunch. If you decided to prolong to after lunch, you could have made extra profits of between 10 to 20 points more.

That's about it for today.

Have a nice trading day

P/s I still am facing the problem of internet connection in my area. What happens to this TM ?

They are nothing but pokemon...

3-8.30 am

CPO Market To Go Up?

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, own business

Some say the market now could be at the lowest point and may reverse to go up at any time. The question now is when? Or the market may not go up for the time being and instead is preparing to go down south. So which is which?

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Today

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In the long run, the market is still bearish but the short term the market is in the uncertainty situation.

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My forecast for today ;

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1) If the market opens between 2038 to 2055. Buy after the market has dropped 9 points from the opening point. Be careful of the market false alarm or buy after the market has passed the levels between 2060 to 2065.

2) If the market opens between 2056 to 2068. Buy after the market has dropped 9 points from the opening level. Be careful of the market false alarm.

3) If the market opens between 2068 to 2078. Buy after the market has passed the levels between 2083 to 2088.

4) If the market opens between 2028 to 2038. Sell after the market has dropped and passed the levels between 2018 to 2023. The market may fall further if the levels between 2013 to 2017 are broken down.

5) If the market opens between 2003 to 2022. Sell after the market has moved up a bit and then falls 5 points below the opening level.

6) If the market opens between 2084 to 2100. Buy after the market has dropped a bit and then moves up 6 points above the opening level.

7) If the market opens other than the above, it is your call.....

8)Please refer to my previous posting dated 12th January ( see # 6)

That's about it, if you are not sure, just contact your dealer but not the political representative of your area as he only talks something that you would like to hear....

Have a nice trading day guys...

P/s I still have this intrupted internet connection problem from time to time and to Malaysians out there, if you are thinking of using Telekom Malaysia ( TM ) as your internet service provider, just forget it! This company is nothing but #@!*(08&^%$. If you make any complaint, they just simply ignore you!

6-8.46 a.m.

Where About Now

Posted by Flora Sawita Labels: CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, how rich in CPO, make money, palm oil futures, rich in CPO

The CPO ( Crude Palm Oil ) futures for September contract open at 2268 and closed at 2336 yesterday. The highest was at 2340 and the lowest was at 2267. The market ended higher with a white bar.

The market open at 2268, immediately dropped a point to 2267 , the lowest of the day, and
then moved up to 2315 before closing at 2315 again before lunch. In the afternoon, the market kept moving up to the highest of the day at 2340 before finally settling down at 2336. ( see enclosed graph ).

If you look at my forecast yesterday ( see #1), the market open exactly at 2268 and managed to beat up the levels 2291 to 2296 at about 10.40a.m. If you were to place a buy position here as suggested, you would probably have made profits from 15 to 20 points just before lunch and had you decided to prolong in the afternoon, the profits could be from 15 to 50 points. How about me ? You may ask. Well, if you could regain your loss on the day before yesterday plus some profits, what more can you say. The market did beat up the levels between 2304 to 2310 ( see #1 ) and also move further up.

Have a nice trading day, guys....

P/s ......????

8-9.50a.m.

Next Move

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, own business, palm oil futures

The market ended higher and was a white bar yesterday and in Japanese Candlesticks, yesterday's bar is said to have engulfed the previous bar. This would indicate that the market now is in the reversal pattern. Anyway, today's up trend direction is dependable on the opening and the continuing of the positive movement of the market.

Today

In long run , the market is still bearish but the very short term, the market now is bullish. Today's forecast are as follows;

1) If the market opens between 2228 to 2289. Buy after the market has dropped 14 points from the opening level. It would be more significant if the opening is more on the upper side of the 2228-to-2289 levels.

2) If the market opens between 2218 to 2227. Sell after the market has passed the levels between 2208 to 2213. The market may drop further if these levels are to be broken.

3) If the market opens between 2290 to 2299. Buy after the market has passed the levels between 2305 to 2310.

4) If the market opens between 2193 to 2213. Sell after the market has moved up a bit and then drops 6 points below the opening level.

5) If the market opens other than the above.......it is up to you...how do I know , man.

6) Please refer to # 6 ( see posting dated 12th January 2009 )

Well, that's about it. If you are not sure just consult your futures dealer but not your....siblings, they are just ..#@!*&^

Have a nice trading day!!!

2-8.25am

CPO Futures - Back To Normality?

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO investment, create wealth, crude palm oil futures, Day trading CPO, how rich CPO, palm oil futures

The CPO ( crude palm oil ) futures for August contract open at 2601 and closed at 2575. The highest was at 2606 and the lowest at 2565. The market closed lower and was a black bar.

The market open within one of the suggested forcasts but the direction did not move accordingly ( see #3 - Sell after the market has moved up 6 points from opening level i.e. at 2607 but the market only managed to go up to 2606 , highest of the day ), so again, no gain and no loss.

Since school holidays are still around, I decided not to be around for awhile. My family and I are planning to go to some parts of Indonesia which may include Medan and Padang for a vacation.

P/s This morning, I made a mistake in my earlier posting, prior to this one and so I have already deleted it. Sorry....

Have a nice trading days ahead, guys.....

Lake Toba

9.45am

Market Down?

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, own business, palm oil futures

The CPO ( crude palm oil ) futures for August contract open at 2638 and closed at 2598 yesterday. The highest was at 2651 and the lowest was at 2586. The market closed lower and was a black bar.

The market open within the forecasted suggestions but it did not move accordingly, so there was no gain and no loss.

Today

In long run, the market is still bearish and so is the very very short run. The forecast for today's market direction;

1) If the market opens between 2609 to 2619. Buy after the market has moved up beating the levels between 2925 to 2930.

2) If the market opens between 2586 to 2596. Sell after the market has retraced beating down the levels between 2575 to 2580.

3) If the market opens between 2597 to 2608. Sell after the market has moved up 6 points from the opening level. It would be more prominent if the market opens more towards the lower part of the 2597-to-2608 levels.

4) If the market opens between 2625 to 2644. Buy after the market has retraced a bit and then moves up beating 5 points above the opening level.

5) If the market opens between 2560 to 2580. Sell after the market has moved up a bit and then fall 5 points below the opening level.

6) If the market opens besides the above, it is your call....

7) Please refer to #6 ( see posting dated 12 January 2009 ).

If you are not sure....just contact your futures dealer but not your office mate....

Have a nice trading day.....

P/s blah..blah..blah..blah..blah...

4 - 9.15am

Market Up Due To Export Figures

Posted by Flora Sawita Labels: business opportunity Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, crude palm oil futures, Day trading CPO, how rich CPO, make money, own business, palm oil futures

The Cpo ( crude palm oil) futures for August contract ended higher yesterday. It seemed that the climb of the market was due to the increase in the demand overseas and also favourable export data report. The CBOT also ended higher yesterday.

Today

In long run, the market is still bearish but the very short run, the market is said to be in bullish sentiment. The forecast for today's direction;

1) If the market opens between 2637 to 2647. Buy after the market has moved up beating the levels between 2652 to 2658. If the levels between 2670 to 2675 are breached, the market may go further up.

2) If the market opens between 2612 to 2622. Sell after the market has retraced beating the levels between 2600 to 2607.

3) If the market opens between 2623 to 2636. Buy after the market has fallen 6 points from the opening level. It would be more significant if the market opens more towards the upper level of the 2623-to-2636 levels.Make sure to put your stop loss.

4) If the market opens between 2653 to 2670. Buy after the market has retraced a bit and then moves up 5 points above the opening level. see #1 the bold letters as above.

5) If the market opens between 2585 to 2606. Sell after the market has moved up a bit and then falls 5 points below the opening level.

6) If the market opens other than the above, it is your call.

7) Please refer to #6 ( see posting dated 12th January 2009 )

Have a nice trading day, guys.....

P/s. Obama speechless after Israelis refused to stop housing development on Palestinians' land.

3-8.40 am

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