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Sunday, October 24, 2010

Recent Updates

It has been quite long time i have not updated this blog. I'm still trade in cpo but got less time to update blog. I have too many things to do at the same time. Hectic work loads, aggressive cpo trading (since i'm kind of swing trader), side freelance project, too many things...

Regards.

Thursday, September 23, 2010

Trading Plan for 24th Sept 2010

Hold: Long

Cut Lost:  2660 ~2665
Profit Taking: 2732

Next Trade:
Short 2660
Cut Lost: 2675
Profit Taking: 2640

Before trade check the following rules:
http://fcpoinvest.blogspot.com/2010_06_01_archive.html

Tuesday, September 7, 2010

Trading Plan for 8th Sept 2010


Pivot Point for 8th Sept
2680
2652
2640
2624
2612
2596
2568

Monday, September 6, 2010

Trading Plan for 7th Sept 2010

Pivot Point for 7th Sept
2701
2656
2638
2611
2593
2566
2521

Sunday, September 5, 2010

Trading Plan for 6th Sept 2010

Pivot Point for 6th Sept
2619
2591
2580
2563
2552
2535
2507

Thursday, September 2, 2010

Trading Plan for 3rd Sept 2010

Pivot Point for 3rd Sept
2577
2558
2550
2539
2531
2520
2501

Wednesday, September 1, 2010

Trading Plan for 2nd Sept 2010

Pivot Point for 2nd Sept
2631
2581
2558
2532
2508
2481
2431

Monday, August 30, 2010

Trading Plan for 1st Sept 2010

Pivot Point for 1st Sept
2638
2603
2586
2568
2552
2533
2498

Thursday, August 26, 2010

CPO Trading Objective

Monthly Commitment = RM 4000 ~ 5000
To fully become full time trader i need to have at least 6 x Monthly Commitment = RM 24000 ~ 30000
Target to become full time trader = 6 ~ 12 months
Average profit needed per month = RM ~2000
Average profit needed per day = RM 100

I only need to generate a RM100 profit per day only, is that difficult? :D

Wednesday, August 25, 2010

Trading Plan for 26th August 2010


This time i try to use fibo retracement as support and resistance.


Pivot Point for 26th August
2539
2512
2499
2472
2459
2419
 
Trading Plan for 26 August 
Since I still hold short @2525 x 2, the plan for the position is
Trailing stop @2486 x 2
 

Tuesday, August 24, 2010

Trading Plan for 25th August 2010

Pivot Point for 25th August
2591
2550
2526
2485
2461
Trading Plan for 25 August 
Since I still hold short @2525 x 2, the plan for the position is
Cut Loss at 2530 x 1
Cut Loss at 2535 x 1
Profit taking @2480~2470x 1. 

Monday, August 23, 2010

Trading Plan for 24th August 2010

15 min chart

Daily Chart
Pivot Point for 24th August
2627
2590
2575
2553
2538
2516
2479
Trading Plan for 24 August 
Since I still hold long @2560 x 2, the plan for the position is
Cut Loss at 2550 x 1
Cut Loss at 2530 x 1
Profit taking @2590~2600 x 2. 

Sunday, August 22, 2010

Trading Plan for 23th August 2010

20-August 15 min

20-August Daily
Pivot Point for 20th August
2613
2580
2562
2547
2529
2514
2481

Weekly Pivot Point
2996
2799
2671
2602
2538
2474
2440
2405

Thursday, August 19, 2010

Trading Plan for 20th August 2010

15 min

Daily  
Pivot Point for 20th August
2662
2625
2610
2588
2573
2551
2514
 
 

Wednesday, August 18, 2010

Trading Plan for 19th August 2010

15 min chart

Daily      
Pivot Point for 19th August
2738
2678
2644
2618
2584
2558
2498
 
Trading Plan For 19th August
Hold Long Nov 2615 x 1
Profit Taking @ 2650
Cut Lost @25xx?