Tuesday, May 31, 2016

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


FCPO up trend, 15 min

Friday, May 27, 2016

1 min fcpo

Friday afternoons... Range trade

Thursday, May 26, 2016

Fkli 15 min

Wednesday, May 25, 2016

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....

Tuesday, May 24, 2016

Monday, May 23, 2016

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

3A, ship is running....

Friday, May 20, 2016

3A off to the races....

Thursday, May 19, 2016

FKLI 15 min, starting to trend up?

Wednesday, May 18, 2016

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..."

Tuesday, May 17, 2016

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

Monday, May 16, 2016

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....

Wednesday, May 04, 2016

Fcpo was in nice up trend today....

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

Tuesday, May 03, 2016

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)

"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



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