Monday 1 January 2024

CPO Futures Trades In Year 2024

The ONE YEAR ONE POST on the CPO Futures blog starts its 5th year. A trader's diary of ~30 years trading experience.

NO Strings Attached... The below SAR trade signals Always Out in Advance for FREE viewing. They are early Stop and Reverse (SAR) trade signals before opening market at best I can.

As shown in previous posts too, the theoretical accumulated P&L for the past 4 years :

  • 2020 @ 681 pts (or RM17,025.00 per lot, Profit) from 38 SARs
  • 2021 @ 409 pts (or RM10,225.00 per lot, Profit) from 38 SARs too.
  • 2022 @ 2905 pts (or RM72,625.00 per lot, Profit) from 24 SARs
  • 2023 @ -213 pts (or -RM5,325.00 per lot, Loss) from 39 SARs
  • 2024 @ ?? pts. (wait and see 😶 Profit or Loss ?)
Eye on Multiple Losing Trades (MLTs) and Capital Risk Ratio (CRR) as they can definitely wipe out good traders! Do your own research too since it is just a trader's diary! 

Take Note: The SAR trade signals remain in theoretical prices (read Notes for more updates). 
  • SAR Sell@3748 (27/12/2022night) and its P&L will be recorded here.
  1. Buy 3742 +6 if 3742 is traded on 8/1n or 9/1d
  2. Sell 3834 +92 if 3834 is traded on 29/1n or 30/1d (**3834-3722=112)
  3. Buy 3850 -16 if 3850 is traded on 5/2n or 6/2d
  4. Sell o3826 -24 on 15/2n if 3801 is traded on 13/2d
  5. Buy 3879 -53 if 3879 is traded on 19/2d
  6. Sell 3836 -43 if 3836 is traded on 20/2n or 21/2d
  7. Buy o3890 -54 if 3889 is traded on 26/2n or 27/2d
  8. Sell 4195 +305 if 4195 is traded on 26/3n or 27/3 (**4195-3827=368, Note:15/3,27/3)
  9. Buy 4251 -56 if 4251 is traded on 1/4d
  10. Sell 4255 +4 if 4255 is traded on 12/4d
  11. Buy if 4152 is traded on 25/4n or 26/4d (**4190-? = ?, note:15/4)
  12. Sell
  13. Buy
  14. Sell
  15. Buy
  16. Sell
  17. Buy
  18. Sell
  19. Buy
  20. Sell

NOTES :

2/1: Trading Day 1 starts today with SAR Short@3748 being carried forward that was initiated last week as shown above. 52-53 weeks to go from now with expectation of < 40 SAR trade signals.
9/1: SAR#1@3742 Long now. Off the low 3607, SAR Short@3748 gave up big floating profit.
15/1: **Rollover MacApr@spread 20, SAR#1@3742 lower to 3722.
30/1: SAR#2@3834 Short now. Off the high 4036 3 days ago, SAR#2 sell signal is triggered at 3834 around 330pm. A painful profit by giving up floating profit range from high 4036 to 3834.
6/2: SAR#3@3850 Long now. From the low 3745, SAR#2@3834 Short failed to generate profit.
15/2: SAR#4@3826 opening. Due to change of month at 9pm triggered SAR sell signal 3836 which is not opening price. So, take 10pts lower at open3826. It is actually a profit with 3877-3850=27pts not -24pts since April contract open 3877. Spread April May @ 51 opening trade.
19/2: SAR#5@3879 Long is generated, 3 losing trades in a row, almost wipe out all the profit already.
21/2: SAR#6@3836 is the 4th losing trade in a row after being hit. It is another MLTs with hitting high 3914 before flushing down to hit 3836. 
27/2: SAR#7@3889 done at opening 3890 at 1030am. It is the 5th losing trade all happened in Feb. 
15/3: **Rollover MayJune@spread 63, SAR#7@3890 lower to 3827.
27/3: SAR#8@4195 is hit, generating 305pts theoretical profit, 368pts based on rollover. SAR#7 Long@3890 reached high 4370 (FCPOK24) or 4314 (FCPOM24, rollover).  
1/4: Q1 = +6+92-16-24-53-43-54+305 = +213
1/4: SAR#9@4251 is Long now. A loss is generated on the 1st day of April !
12/4: SAR#10@4255 Short now, generating only 4pts after seeing high 4443. MPOB friday today after Raya 2 days off. 
15/4: **Rollover JuneJuly@spread 65 means SAR#10@4255 June lower to 4190 July now.