Thursday, December 31, 2015

Fml i continues down....

Wednesday, December 30, 2015

#fkli, downtrend....

Faber Seeing Recession Clashes With Yellen, Likes Treasuries - Bloomberg Business


A truly negative person. Bad vibes whenever he is around. Feel very sorry for this Marc Faber, how he goes through life hating life for its misery....

FML I retracting down...

Daily FKLI. Nice run up....

Monday, December 28, 2015

FCPO futures. Turns into downtrend... 2448 now.

Friday, December 25, 2015

#crudeoil trend really got going...

Wednesday, December 23, 2015

#crudeoil update

#crudeoil. Building momentum into the petroleum inventory report.

Dato' Saifuddin Abdullah (born 27 January 1961) is a Malaysian politician and was the Member of the Parliament of Malaysia for the Temerloh constituency in Pahang from 2008 to 2013.

Saifuddin was elected to Parliament in the 2008 election,[1] and was immediately appointed as a deputy minister,[2] being cited as a future ministerial prospect.[3] He had previously been the Secretary-General of the Malaysian Youth Council.[4] After the election he was appointed as a deputy minister, and was the Deputy Minister for Higher Education in Najib Razak's first term as Prime Minister. During his ministerial tenure, Saifuddin was one of the more moderate and liberal-progressive politicians in Najib's administration.[5][6] He criticised his own government's handling of the Bersih 2.0 rally in 2011, in which over 1,600 protestors were arrested on the streets of Kuala Lumpur.[7] In early 2013, he also stood up for a student who was humiliated by a government-linked panellist at a student forum at the Universiti Utara Malaysia.

Another GREAT MALAYSIAN for championing of moderate politics...

Tan Sri Anthony Francis "Tony" Fernandes, CBE (born 30 April 1964) is a Malaysian entrepreneur. He is the founder of Tune Air Sdn. Bhd., who introduced the first budget no-frills airline, AirAsia, to Malaysians with the tagline "Now everyone can fly". Fernandes managed to turn AirAsia, a failing government-linked commercial airline, into a highly successful budget airline public-listed company. He has since founded the Tune Group of companies.

He was also instrumental in lobbying the then-Malaysian Prime Minister, Tun Dr. Mahathir Mohamad in mid-2003, to propose the idea of open skies agreements with neighbouring Thailand, Indonesia, and Singapore. As a result, these nations have granted landing rights to AirAsia and other discount carriers.

As of February 2014, Forbes Asia valued Fernandes' net worth at $650 million, ranking him at number 28 on the Forbes list of Malaysia's Richest.

Another Great MALAYSIAN...


After a 25 year drought, the 1992 MALAYSIAN team brought back the Thomas cup to Malaysia. All are MALAYSIANS. The heroes: Rashid Sidek Razif Sidek Jailani Sidek Cheah Soon Kit Soo Beng Kiang Foo Kok Keong

Tuesday, December 22, 2015

Long Crude Oil @36 stop 35

And just last week the "bad" exports as estimated by sgs and ITS was causing traders to short. Alas the truth is these figures are doctored to fit whoever is paying them the highest.

Professor Sir Peng Khaw. The London-based professor was recently knighted for his contributions to ophthalmology and glaucoma, pioneering techniques which are the standard practices today. A Malaysian who attained a knighthood...

Datuk Michelle Yeoh, a Bond girl, international Hollywood movie star, Miss Malaysia, and oh incidently, she is Malaysian...

Datuk Nicole David, held the World No 1 ranking in Women's singles squash, Commonwealth Games gold medalist and World No 1 for many consecutive years. She is also Malaysian...

Our Datuk Lee Chong Wei, two times Olympic Games silver medalist, All england Champion and World No 1 for many years. He is also Malaysian.

The meaning of Muhibbah and living in peace and harmony

Mokhtar Dahari, Shukor Salleh, Soh Chin Aun, Santokh Singh, Arumugam.

They are ALL Malaysians, forget about colour of skin, it is bullshit used by the politicians to gain power and money...

Friday, December 18, 2015

#fcpo. We are thinking long...

Wednesday, December 16, 2015

8. Negativity Bias

Let's face it: We live in a sensationalist society where scare tactics and negative headlines garner the most attention. If you doubt this for a minute, turn on your local news tonight. Scientists theorize that we perceive negative news to be more important than positive news. The risk-for the bears and for humans as a whole-is the tendency to dwell on bad news rather than embrace good news, and there's the added twist that the stock market is widely considered to be a leading indicator.

Tuesday, December 15, 2015

HLBank six trading days after the rights ceased teading.....

Thursday, December 10, 2015

HLBank, nice rally after the renouncable rights stopped trading last Friday...

Wednesday, December 09, 2015

Stakes are high in hunt for bitcoin’s ‘messiah’ - The Malaysian Insider

Bitcoin. To me it is a bullshit scam. Don't touch....

http://www.themalaysianinsider.com/business/article/stakes-are-high-in-hunt-for-bitcoins-messiah

Tuesday, December 08, 2015

Who's who in the search for the next Malaysian Central Bank Governor

Who's Who in the Search for Next Malaysian Central Bank Governor
2015-12-08 01:04:42.224 GMT

By Chong Pooi Koon and Elffie Chew
     (Bloomberg) -- As Malaysian central bank Governor Zeti
Akhtar Aziz prepares to leave in April after three decades at
the central bank, here's a snapshot of people who have been the
focus of speculation to succeed her.
     Whoever is chosen as her successor will have "very big
shoes to fill," said Wellian Wiranto, an economist at Oversea-
Chinese Banking Corp. in Singapore. "This is especially so since
the global environment remains uncertain and Malaysia is deemed
relatively vulnerable to swings in global investor sentiment --
in part due to domestic political rumblings."
     Zeti served as a deputy governor before she took the top
job in 2000. The central bank declined to comment on whether any
of the three current deputies are in the running this time.
Given the precedent, they are included in the following list:

           *Awang Adek Hussin, ambassador to the U.S.

     The former deputy finance minister has been approached by
Prime Minister Najib Razak to replace Zeti, according to three
people with knowledge of the matter, asking not to be identified
as the information is private. Awang has a PhD in economics from
the University of Pennsylvania's Wharton School -- Zeti's alma
mater.
     He worked at the central bank for more than a decade from
1985 in departments including economics and banking regulation,
and later became an assistant governor. He was appointed U.S.
ambassador in 2014. Awang and his assistant didn't respond to e-
mails seeking comment.

*Mohd Irwan Serigar Abdullah, Finance Ministry's top bureaucrat

     Irwan, secretary general of Treasury, is also among those
being studied to be central bank governor, according to people
familiar with the matter. He started his government career in
the Economic Planning Unit in 1984 and in 2003 joined the
Finance Ministry, where he has held various positions.
     Irwan has a PhD in economics from the International Islamic
University Malaysia and holds a masters of science in energy
management and policy from the University of Pennsylvania. He
also sits on the boards of state oil company Petroliam Nasional
Bhd. and one of Malaysia's biggest pension funds. Irwan, as well
as the three Bank Negara deputy governors, are part of the
central bank's board of directors. He didn't respond to a mobile
text message seeking comment.

               *Deputy Governor Muhammad Ibrahim

     Muhammad joined the central bank in 1984 and has been
deputy governor since June 2010. He oversees international
reserve management, and money market and foreign exchange
operations. He has served in areas from banking supervision and
regulation to insurance and offshore banking.
     Muhammad was previously managing director at Danamodal
Nasional Bhd., a bank recapitalization agency created during the
Asian financial crisis in the 1990s. He has a masters degree
from Harvard University.

            *Deputy Governor Nor Shamsiah Mohd Yunus

     Nor Shamsiah joined the central bank in 1987. The Certified
Practicing Accountant was involved in policies to strengthen the
banking system during the Asian financial crisis and in the
development of regulation and guidelines for the financial
sector.
     She also helped formulate the Malaysian financial sector's
10-year master plan through 2010. She became deputy governor in
2010 and oversees areas including banking, insurance, financial
intelligence and enforcement.

                *Deputy Governor Sukhdave Singh

     A member of one of Malaysia's ethnic minorities in the
Malay-majority nation, Singh joined Bank Negara Malaysia in 1986
and was promoted to deputy governor in 2013. He has served in
the economics department, headed monetary-policy research and
was director of the monetary assessment and strategy department.

     With a PhD in monetary and international economics from
Vanderbilt University, he has represented the bank at global
macroeconomic and monetary-policy forums and chaired Southeast
Asian task forces on regional exchange rate and currency
cooperation.

    *Abdul Wahid Omar, government minister and former banker

     Wahid's name had been mentioned in banking circles as a
possibility for the central bank's top position. The son of a
factory worker who grew up in poverty, Wahid earned his British
accounting degree through a government scholarship and has since
been a promoter of Malaysia's affirmative-action policy aimed at
helping ethnic Malays.
     Wahid, 51, has held top management positions in several
government-linked companies and was chief executive officer of
Malayan Banking Bhd., the country's biggest lender. Najib made
him a minister in charge of economic planning in 2013. Two past
CEOs of Maybank went on to become central bank governors. Wahid
also currently heads the Economic Planning Unit, which served as
a launchpad for another former Bank Negara chief. Wahid's office
said that he doesn't normally comment on market speculation.

     *Ismee Ismail, pilgrims' fund CEO and 1MDB director

     Ismee was cited as a potential candidate several months
ago, according to two people familiar with the matter. His name
has resurfaced in recent weeks, according to one of the people.
Since 2006, Ismee has been CEO of Malaysia's Lembaga Tabung
Haji, or the Hajj pilgrims fund, an organization that oversees
more than 58 billion ringgit ($14 billion).
     He is also a director at troubled state investment company
1Malaysia Development Bhd. His assistant and the pilgrims fund
didn't respond to e-mails seeking comment.

     *Noor Azlan Ghazali, Monetary Policy Committee member

     Noor Azlan, vice-chancellor of the National University of
Malaysia and one of the newest members of the central bank's
Monetary Policy Committee, is also a possible candidate,
according to two people familiar with the matter. He worked with
Najib's predecessor Abdullah Ahmad Badawi and served on the
National Economic Action Council and at the Economic Planning
Unit.
     Noor Azlan has a masters in public administration from
Harvard University and a PhD in economics from the University of
Nebraska-Lincoln. He didn't respond to a text message seeking
comment.

34 tick FCPO futures, a different perspective of 'trend....

Monday, December 07, 2015

2413 target achieved on longs

FCPO and US Bean Oil....

Sunday, December 06, 2015

Leicester City stars celebrate being top of the Premier League... by drinking beer and dressing as Teenage Mutant Ninja Turtles | Daily Mail Online

http://www.dailymail.co.uk/sport/football/article-3348188/Leicester-City-stars-celebrate-Premier-League-drinking-beer-dressing-Teenage-Mutant-Ninja-Turtles.html

Saturday, December 05, 2015

Najib can use security law to hold on to power, says think tank - The Malaysian Insider


Looking like green light for KLCI to advance...

http://www.themalaysianinsider.com/malaysia/article/najib-can-use-security-law-to-hold-on-to-power-says-think-tank

Friday, December 04, 2015

FCCO breaks 2375. Let's see if it can get to 2415...

ECB aftermath...

Thursday, December 03, 2015

Back into the range

Wednesday, December 02, 2015

Target is width of the box, around 2300

Broke bottom of the 'Box'.

'Box' between 2337 and 2374....


"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore Manchester City FCl Crude Palm Oil

fcpo.blogspot.com

THE END OF AN ERA

From Dragons and Bulls by Stanley Kroll
Intro and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet/a>
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system