Slow paced up trend in FCPO, but getting there....

Fcpo15

FCPO up trend, 15 min

1 min fcpo

Friday afternoons... Range trade

Fkli 15 min

Just a nice upteend.... 15 min fcpo

1 min fcpo

15 min fcpo

Entry at 2506 long.... fcpo 1 min

A couple of telling charts....

FCPO 1 min, some nice wholesale entries in this uptrend...

3A, ship is running....

3A off to the races....

FKLI 15 min, starting to trend up?

Strong closing for FKLI.....

15 min FCPO downtrend. I was told by another trader that someone told him it was Wilmar doing the selling this morning....

As Stanley Kroll said (on what will make one a Winner or Loser) 

"Analyse your markets and lay out your strategy and tactical moves in advance, and in privacy. Don't ask anyone's advice, and that includes' brokerage advisories, tips and even well-intentioned market gossip. And, don't offer your advice to anyone else. You shouldn't care if Shearson is buying ABC or if Salomon is selling XYZ. You should stick to your objective analysis and market projection based on whichever method or technique has proven viable for you; and you should revise that strategy only on the basis of pragmatic and objective technical evidence. Such evidence could be a signal from your chartanalysis, your computer system or from the margin department, which reminds you that your position has moved adversely and that your account has become undermargined."

Good advice? Definitely, with the silly focus of today's market on algos, churning volume and hyperactive trading.

15 min fkli. Through the up move the traders were lamenting, "whole world mkts down fkli up, damn manipulators..."

FKLi futures, trend stalls in late afternoon.... But the shorts got their just desserts....

Fkli extended up trend 15 min

Fkli up trend continues....

Trending up

Soybeans futures. I was speaking to a trader on whether the bigger traders in the firm managed to get any pieces of this. Only one, who had the mindset of trend trading rode it up. The rest of the 'big boys', so called in crude palm oil either missed it or caught a small profit. That is the problem with these 'jaguh kampong' types, being volume churners in the local cpo market, but miss the wood fo rthe trees in the global arena....

Fcpo was in nice up trend today....

FKLI rebounds..... ringgit weakens further. Can we see the next round of foreign i flows??

Congratulations to Leicester City, Champions of the EPL

Goes to show that the small fry (traders) can get the glory, not just to big boys. (big traders, hedge funds)