Friday, 30 January 2015

Update Your January Monthly Accumulated Profit And Loss

How to record your monthly accumulated profit and loss properly on your technical trend indicators is a very important issue in showing your trading discipline. This is because a successful futures trading is like running a successful company with proper account statements year after year professionally.

Read back the previous posts of this month, readers traders will be able to see when the stop and reverse trade signals, and can easily track down and calculate the profit and loss. For FCPO, total five stop and reverse trades (+131-9+55-26-43 = +108); while for FKLI, total three stop and reverse trades (+33+12+65 = +110).

The short 2331 FCPO and short 1793 FKLI will have their profit and loss being recorded in February. Therefore, we know systematically the January accumulated profit for FCPO is 108 points and FKLI is 110 index points.

No doubt the short term indicator Y started with a good month for year 2015, readers traders are reminded again on the multiple losing trades. Do read back the old posts especially in November December 2014 to feel the pressure of multiple losing trades. Never over trading with 5x capital risk ratio! Read the links in the learning corner too.

Traders who own the 101indicators On Futures Trading book should be able to learn all this. Your accumulated profit and loss in January on FCPO will be -19 points even though you have your short 2320 with good profits because the trade will be brought forward to February and the profit and loss will only be recorded in February.   

Thursday, 29 January 2015

Palm Oil Internet Seminar 2015 - MPOC

Palm Oil Internet Seminar (POINTERS) is a web-based seminar concept where updates on developments in the oils and fats sector will be brought promptly to the industry circles, accessible at the click of a button from their own PC, mobile web or laptop wherever they are.


Free Registration, click HERE. Or go to http://pointers.org.my/

Indicator Y Short 2331 Short 1793.0 - Short Sellers Targeted Malaysia

If cpo futures price is staying positive in the morning trading sessions, the short term indicator Y will probably do its stop and reverse buy in the afternoon. Otherwise, the short 2231 is remained.

As mentioned in previous post on FKLI stop and reverse trade signal if the index futures is closed below 1802, the short term indicator Y on FKLI will take profit and turn sell.

Took 64.5 index points of profit after seeing the high 1817.5 and turning sell 1793.0, the indicator Y is actually giving up more than 20 index points of floating profits.

Bloomberg news excerpts:

Short sellers are taking aim at the world’s longest-running equity rally.

Short interest in the iShares MSCI Malaysia exchange-traded fund more than doubled in the past month to 20 percent of outstanding shares as of Monday, and reached an eight-year peak of 23 percent on Jan. 9. That’s the highest level among 89 U.S.- listed ETFs focused on emerging-market countries, according to data compiled by Markit Group Ltd. and Bloomberg.

Bears are stepping up wagers against Malaysia after the benchmark equity index advanced 116 percent from its October 2008 low in the longest bull market worldwide. Oil’s 58 percent tumble since June has weighed on the crude-producing nation, with analysts predicting the weakest profit growth since at least 2009 and overseas investors pulling money from the $454 billion market at the fastest pace in six years...

“Investors are worried Malaysia’s economy will be affected by lower oil prices,” said Alan Richardson, whose Samsung Asean Equity Fund...

The government cut its 2015 economic growth forecast to as little as 4.5 percent on Jan. 20 and predicted a bigger budget deficit than initially targeted. Oil and gas products account for about 20 percent of the nation’s exports. “With less revenue, the government will have fewer options to stimulate the economy,” Daphne Roth, the head of Asian equity research at ABN Amro Private Banking...

The last time short interest in the Malaysian ETF was this high, in October 2006, the bears got burned. The KLCI index rose about 38 percent in the following 12 months, versus a 55 percent gain for the MSCI Emerging Markets Index...

“Those who shorted in 2006 all got killed,” said Raymond Tang, chief investment officer for the Asean region at Kuala Lumpur-based CIMB-Principal Asset Management Bhd., which manages about $17 billion. “We are still fairly comfortable with our holdings in Malaysia.”...

Full write-up click HERE.

Wednesday, 28 January 2015

Indicator Y Short 2331 Long 1728.5 - Afternoon SAR On FKLI

The cpo futures prices is kept trading higher and it is getting more pressure for the short term indicator Y that is kept adjusting lower on the stop and reverse buy trade signal.

((Indicator Y on FKLI will probably do a stop and reverse trade signal at afternoon close today if the FKLI index futures is closed below 1802 without taking into any consideration of unforeseen circumstances. Read back the old posts and new readers traders will understand what we mention about here))

Indicator Y Short 2331 Long 1728.5 - A Far Away SAR

Just to repeat the previous write-up, the stop and reverse trade signal in the short term technical trend indicator Y will always be far away from the top and bottom futures market prices. Therefore, it is really looked painful in giving up good floating profits but this is considered part of the game in technical trend trading that cannot be helped.

For example, FKLI may have its stop and reverse sell trade signal below 1785 which is actually far away from the top 1817.5 while FCPO may have its stop and reverse trade signal above 2250 which is actually far away from the bottom 2251.

We will publish a post when the stop and reverse trade signal is clear or is being triggered.

Tuesday, 27 January 2015

Indicator Y Short 2331 Long 1728.5 - A High Spirit Of Trading

Even though the emails we received will always be private and confidential, we hereby wish to thank all readers traders who gave us such a high credit to us and motivated us in such a high spirit to continue writing about futures trading on Bursa Malaysia Derivatives.

Just remember, when we do not publish any stop and reverse trade signal, it is not meant that there is no stop and reverse trade signal. All is because either there stop and reverse trade signal is too far away, or we are "late" in publishing the trade signal to readers traders!

The FKLI FCPO short term technical trend indicator Y is having a real good round for this month and a good start for year 2015. Hitting the low of 2170 on cpo futures yesterday and high 1817.5 on fkli index futures today while still holding on their positions respectively.

Read back the previous post, the stop and reverse trade signals will be far away from the low or high one day when it comes! Watch out!

Friday, 23 January 2015

Indicator Y Short 2331 Long 1728.5 - A Good Round

FKLI FCPO short term trend trading under indicator Y trading guides has a good round this trade while finding no stop and reverse trade signals yet on both futures contracts.

We never provide profit targets to all readers traders except the stop and reverse trade signal, therefore please remind that the stop and reverse trade signal will always have certain range far away from the top and bottom of the market prices.

We will feel that after the profit take triggered by the next stop and reverse trade signals, the short term indicator Y will take a rest with multiple losing trades! Watch up!