Found out there isn't a Fcpo thread here to discuss.

Wonder if any of you here trades FCPO. Let's have some good discussion on this.

FCPO will continue range from 2100 - 2195

support 2150/2135 ; resistance 2180/2195

just my point of view.

Some facts for fcpo.

fcpo trading hours is

10am to 12.30pm.

then 3pm to 6pm

perhaps can join both FKLI and FCPO together? for now, i think the traffic for futures is not much.

just my opinion though

Hmm good idea.. but both are different products. Cuz 1 is palm oil and another is composite index..

Maybe those who are interested to trade futures, we find a few taikors to conduct some classes and get some insights so tat more people will participate ?

Haha. Just a wild idea

Taikor meaning you ah bone gor?

No.. I am not FCPO or FKLI taikor...
I am student

Nice if have a sifu to teach FCPO.

I just paper trading FCPO for a while.

Cheers, will enter soon.

For beginner, paper trade is a must. Unless you got extra money pay to market for tuition fees.

Yes, I totally agree with you. It looks simple but it is not. Those investment banks which provided classes will show you a chart and mark all the entry points. In reality, you can only see the left hand side of a realtime chart and you have to guess what is going to happen on the right handside.
I am getting ready to dive into futures and I spend time to simulate entry points on realtime charts weeks ago. On the first simulation, I have 2 failures but succeeded in the third one with 17 ticks. The next day, a simulated entry gains 7 ticks. Today, I waited to dive in but sensed that no good entry point in available in the morning. I was right.

I think I will do that every day till I have confidence.

I dont want to lose my only few pants left over from fkli.
leave it alone!

But paper trade is just a basic. There are lots of different for paper trade and real trade especially on mentality.

By the way, some of my clients told me, Malaysia futures is like a swimming pool, and foreign futures is sea. As long as you couldn't survive in swimming pool, don't simply jump into the sea. Discover yourself how true it is. It depends perhaps.

Yes finally a thread on FCPO.

Lai..

who want to play this?

Latest chart




Attached thumbnail(s)

Reporting in

I have an account with OSK for futures. When I request for direct access, they request for RM10,000 to be banked in. Then 3 months later, they said I have less than 40 transaction per month n they have terminated it. They say I still buy n sell via their direct broker. The problem is whether direct access, it is risky. And the person who has this number of trans is a big timer n not a beginner like me

Ok.. time to open a cimb future for u.

want?

If yes then i arrange for u

It is odd that OSK give free workshop to teach high probably setups n the speaker advise that without this type of setups, it is likely u will fail. And not everyday u you can get such setups. Sometimes, u get a textbook type if set up n true enough, u win. By the way, how many transactions per month will qualify for direct access?

U open under a dealer with a lot of transaction.. he giv u sub acc.. then u no need commit lo

perhaps sifu bone can put some info on the first post to shed some light so that newbies like us can get an idea of what FCPO is and learn?

I used to conduct 2 days workshop on fcpo trading...

Waa.. This thread no active at all leh

fcpo gap down after lunch.

anyone shorted?

It stay at 23% Fibonacci n started to rebound.

Hi, any one here?

Dead thread?

Almost dead.. lolz

Eyyy we trade FCPO lah.

this month we do some live trading also

just drop a PM if you wanna join us. syok woo trading sama2 ramai2

we also recording our live trading activities.

our youtube channel:

wanna ask bros... if expire and didnt sell the long contract... do we have to take delivery of physical Crude palm oil?

yes. before that broker will ask you to fill up the delivery form

Anyone trade dividend US stock ?