Morning Traders,
The full article market updates has been posted on the main website's blog section. Please read the full article there.
Here is a brief summary of the article.
1) Market closed lower for the grains and opened lower this morning.
2) My Short Term and Long Term Strategy is still showing short.
3) I will maintain a short call.
Please read the full article in the main website blog section.
Best Wishes,
Tech Trader
Monday, 23 September 2013
Thursday, 19 September 2013
Malaysian Crude Palm Oil Futures | 19 Sept 2013 Market Updates
Dear Traders,
The market updates for 19th Sept 2013 for FCPO, Soybean Oil and Soybean has been posted on my main site's blog. You can access the Malaysian Online Trading Blog by following the link here.
Here is a brief summary of the article.
1) CBOT grains traded higher, Gapped up this morning after Fed's anouncement.
2) Short Term Strategy has turned LONG and Long Term Strategy is Neutral.
3) Calling for FCPO to test major resistance of RM2350-70 levels.
Read the full article for the support and resistance levels in the main website's blog section.
Trade safe and make some money!
Sincerely,
Tech Trader
The market updates for 19th Sept 2013 for FCPO, Soybean Oil and Soybean has been posted on my main site's blog. You can access the Malaysian Online Trading Blog by following the link here.
Here is a brief summary of the article.
1) CBOT grains traded higher, Gapped up this morning after Fed's anouncement.
2) Short Term Strategy has turned LONG and Long Term Strategy is Neutral.
3) Calling for FCPO to test major resistance of RM2350-70 levels.
Read the full article for the support and resistance levels in the main website's blog section.
Trade safe and make some money!
Sincerely,
Tech Trader
Wednesday, 4 September 2013
FCPO Trading | Soybean Oil, Soybean Futures 4 Sept 2013
Morning Traders,
Looks like we may have a roller coaster ride for today. May not be looking too good if you were long yesterday.
Short Term and Long Term strategy both have turned short now. Soybean is not able to overcome the $44.40 level while Soybean is not able to overcome its $1388 level conclusively.
FCPO was trading relatively weak compared to the other grains for yesterday.
Read the full article at the main website's blog.
Best Wishes,
Tech Trader
Looks like we may have a roller coaster ride for today. May not be looking too good if you were long yesterday.
Short Term and Long Term strategy both have turned short now. Soybean is not able to overcome the $44.40 level while Soybean is not able to overcome its $1388 level conclusively.
FCPO was trading relatively weak compared to the other grains for yesterday.
Read the full article at the main website's blog.
Best Wishes,
Tech Trader
Tuesday, 3 September 2013
FCPO Trading, Soybean Oil & Soybean Futures | Market Updates, Review and Commentary - 3rd Sept 2013
Morning Traders,
Here is your latest summary for 3rd Sept 2013 FCPO trading. You can read the full article at the ultimate Malaysian Online Trading Website's blog.
Here is the summary for today:
1) Grains gap up higher, but unable to maintain upper levels.
2) Soybean Oil has pulled back from the highs and this does not indicate strength.
3) My Short Tern Strategy remains long, and my Long Term Strategy is at NEUTRAL.
Read the major support and resistance levels in the full article at the main site's blog.
Best Wishes,
Tech Trader
Here is your latest summary for 3rd Sept 2013 FCPO trading. You can read the full article at the ultimate Malaysian Online Trading Website's blog.
Here is the summary for today:
1) Grains gap up higher, but unable to maintain upper levels.
2) Soybean Oil has pulled back from the highs and this does not indicate strength.
3) My Short Tern Strategy remains long, and my Long Term Strategy is at NEUTRAL.
Read the major support and resistance levels in the full article at the main site's blog.
Best Wishes,
Tech Trader
Monday, 2 September 2013
FCPO (Malaysian Crude Palm Oil) Trading, Soybean Oil, Soybean Futures Market Updates, Review and Commentary - 2nd Sept 2013
Morning Traders,
The market updates for FCPO (Malaysian Crude Palm Oil futures), Soybean Oil and Soybean futures has been updated in the main website pages under the blog section.
Here is the summary of the article:
1) US market is closed for Labor Day so there will be no trading in the grains.
2) Grains closed much better from their lows on on Friday.
3) Short Term Strategy is moderate long while Long Term Strategy is Neutral to slight bias to long side based on last Friday's closing price.
4) Support for FCPO is at RM2400, and next level is quite far away at RM2365 to RM2340 area.
Read the full article in the main Malaysian Online Trading Website's blog section.
Trade safe and make some money!
Best Wishes,
Tech Trader
The market updates for FCPO (Malaysian Crude Palm Oil futures), Soybean Oil and Soybean futures has been updated in the main website pages under the blog section.
Here is the summary of the article:
1) US market is closed for Labor Day so there will be no trading in the grains.
2) Grains closed much better from their lows on on Friday.
3) Short Term Strategy is moderate long while Long Term Strategy is Neutral to slight bias to long side based on last Friday's closing price.
4) Support for FCPO is at RM2400, and next level is quite far away at RM2365 to RM2340 area.
Read the full article in the main Malaysian Online Trading Website's blog section.
Trade safe and make some money!
Best Wishes,
Tech Trader
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