http://TradeOrInvest.com/fcpo-market-outlook-7-july-2008/ the exhaustive repository of trading knowledge and investment wisdom Sun, 18 Jul 2010 06:32:26 +0100 http://wordpress.org/?v=2.9.1 hourly 1 http://TradeOrInvest.com/fcpo-market-outlook-7-july-2008/comment-page-1/#comment-542 Marks Thu, 02 Jul 2009 08:04:14 +0000 http://TradeOrInvest.com/?p=43#comment-542 Excellent article, I enjoy every article I read here. Thanks, and keep bloggin! Excellent article, I enjoy every article I read here. Thanks,
and keep bloggin!

]]> http://TradeOrInvest.com/fcpo-market-outlook-7-july-2008/comment-page-1/#comment-14 Benjamin Tue, 08 Jul 2008 07:13:35 +0000 http://TradeOrInvest.com/?p=43#comment-14 It looks like this breakdown is not a correction to the previous short rally but instead a new downtrend move. It looks like this breakdown is not a correction to the previous short rally but instead a new downtrend move.

]]> http://TradeOrInvest.com/fcpo-market-outlook-7-july-2008/comment-page-1/#comment-11 Benjamin Mon, 07 Jul 2008 10:10:02 +0000 http://TradeOrInvest.com/?p=43#comment-11 Wow!! That's the power of technical analysis. Breakdown from the rising wedge today yields great return for intraday short. If you short at the open of the crude palm oil (CPO) market @ 3,595 points and close at the end of day @ 3,512 points, you would make 83 points which is equivalent to RM 2,075 per contract. Based on the margin requirement of RM 8,000 per contract, that would translate to 25.9% return in a day. That's the trade setup for intraday trading. Wow!! That’s the power of technical analysis. Breakdown from the rising wedge today yields great return for intraday short. If you short at the open of the crude palm oil (CPO) market @ 3,595 points and close at the end of day @ 3,512 points, you would make 83 points which is equivalent to RM 2,075 per contract. Based on the margin requirement of RM 8,000 per contract, that would translate to 25.9% return in a day. That’s the trade setup for intraday trading.

]]>