FKLI TRADING : 286) bracketing market with 2 advanced patternsthis is number 286...
as a continuation frm previous 285) episode, I would like to suggest another advanced pattern to look at, a bullish bat pattern...
the formation of leg D is possible at the critical support near 1550, which is at 1553-1548...
SL can put a few points below that, 1st tp 1575, 2nd tp at 1586...
So, by putting the 2 advanced patterns together, we successfully bracket the market with short range frm 1586-1592...
and bullish long frm 1548-1553...this is a pretty gud strategy to use during consolidation phase...which the market is going tru right now...
Again, pls get your trading plan first if you have none...this is crucially important if you treat your trading like a business, not gambling...
if you have no idea what is the winning rate/losing rate of this trading method, and what is the worst-case scenario, how it performs in the long run, dun trade this method...use anythg that u are familiar with, that u know the risk...alwaz be careful with those who promise u stars and moon, and a guarantee "quick-fix"...as thr is no such thing in trading industry...
*plan your trade and trade your plan... gud luck*
immediate resistance : 1586-1593
support : 1575
critical support : 1550 (the-hasn't-broken-and-possibly-never-will-level) also the lowest-low so far
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , crypto, commodities or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FKLI1! trade ideas
FKLI TRADING : 285) a tiny-winy bearish gartley patternthis is number 285...
it is unbelievable...but 1550 support still holds...the longer the price lingers in this region, the higher the chance of the fkli-may to rebound...
for real...now we might have a small chance of trading sideway market...a bearish gartley pattern...it is actually a deep gartley...
short position at 1586, SL at 1590...a really tight range...1st tp is possible at 1575...2nd tp at 1570...\
if you dun trade advanced pattern, dun do it now...if you have no trading plan, find one...if you have never tested any strategy that I have mentioned, dun trust me 100%...trust your own testing and your own eyes...this is not a trading signal channel, dun treat it like one...
I am not responsible for any of your loss...
*plan your trade and trade your plan... gud luck*
immediate resistance : 1586-1593
support : 1575
critical support : 1550 (the-hasn't-broken-and-possibly-never-will-level) also the lowest-low so far
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures, crypto, commodities or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
May17: FKLI (Weekly) - Sideways-Down <R1 @161x-3x 📉🐻Momentum turn from neutral to slight weakness...
Major Support at 150x-3x still holds , albeit weekly close below ema100 (~158x area)
❇️ Fundamentals:
Market sentiment likely dragged down by deteriorating COVID situations, both nationwide & worldwide.
Q2 GDP figure unlikely to be favorable (despite mainstream media bullish projections)
Commodities price spike + money printing: Inflationary pressure will continue to add to households burden & current economic woes.
❇️ Interested in initiating Positional Shorts on FKLI should:
1) Upon failing of S1 zone, 2) COVID worsen, 3) Tightening on MCO3.0 SOP
Happy Hunting! Stay Safe! ⭐️
-JK-
FKLI TRADING : 283) after a false breakout, then heading souththis is number 283...
resuming the analyst frm the previous month, it is proven that the false breakout on 26th Apr was a mere "window-dressing" of the month...
right after that, fkli-apr and fkli-may are in total downtrend...today, it has broken below the support of 1593...
now that 1593 has turned into resistance already...the next level of support is at 1575...then 1550...this year-low so far...
*plan your trade and trade your plan... gud luck*
immediate resistance : 1593
support : 1575
critical support : 1550
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
May03: FKLI (Weekly) - Sideways-Up, Major Range 150x-170x 📈📉Major Support at 150x-3x still holds, while price struggling above weekly ema100 (~158x area)
Expect further sideways-up movement if major support holds, possible wedge pattern in formation.
Watch: Immediate R @ 169x-172x
Happy Hunting! ⭐️🚀
-JK-
FKLI TRADING : 282) gartley is invalid, trend is upwardthis is number 282...
leg X of the gartley pattern is violated, so this pattern is no longer valid...
next move we are anticipating the market to retraces back a bit before moving higher to 1634 resistance...
so let's see what is going to happen...the trend has reversed into uptrend...
even though it could juz be an end-of-the-month window-dressing...
however, trade what you see, not what you think...
*plan your trade and trade your plan... gud luck*
resistance : 1634
support : 1612-1617
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FKLI TRADING : 280)after bat, thr is a gartleythis is number 280...
the bearish bat pattern is still ongoing, but now it is added with another possible short position --which is a bearish gartley pattern...
short position entry is possible at 1612, SL abv that level...1st tp at 1594, 2nd tp at 1576...
of course, that is my opinion...this is not a buy call or sell call...pls do not follow...
that's all...
*plan your trade and trade your plan... gud luck*
resistance : 1606-1612
support : 1594
lower suppor t : 1576
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FKLI TRADING : 277) bat pattern side-by-sidethis is number 277.
first of all, previous bearish bat pattern is invalid bcox the leg A is violated...
now the most current one is ...still a bearish bat pattern...after the impulse leg X and A, then we have leg C formation which forms a higher-low, therefore bearish bat entry at 1606, SL abv 1612, 1st tp 1585, 2nd tp 1576...
see how this work out bcox the previous bat pattern, short entry didn't hit the level bcox it "costant"/reversed at 1612, a few points before the entry...
*plan your trade and trade your plan... gud luck*
resistance : 1606-1612
overhead resistance : 1585
support : 1550-1560 (lowest-low this year)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FKLI TRADING : 276) downtrend is confirmedthis is number 276 and first of all, the huge barrier of 1550-1650 range is still not broken yet...
recent move, the highest-low 1601 is violated and broken lower, therefore confirming a downtrend...the new low is 1586...
so it is possible to form advanced pattern again...sideway market which slowly going down...
a possible formation of bearish bat pattern with entry at 1620, SL at 1630, 1st tp at 1603, 2nd tp at 1586...
see how it will pan out...
*plan your trade and trade your plan... gud luck*
resistance : 1632-1648
resistance : 1616
lower support : 1575-1588
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
274) uptrend is gaining/losing momentum?fkli has been sideway for 3 days, if this level of 1616 can hold, then it might re-challenge the 1632-1649 level,
if this level cannot hold, then it will retrace back to 1588-1576 level...
fkli has been trading sideway since day-One in year 2021...look at the daily chart and you shall see what I mean...\
the price juz move frm 1550-1650...with market still cautious about the impact frm covid-19 and the sentiment is still weak...
so trade accordingly and stick to ur plan...u gonna need that to win this...
*plan your trade and trade your plan... gud luck*
resistance : 1632-1648
support : 1616
lower support : 1575-1588
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FKLI TRADING : 271) possible reversal to the upsideafter almost a week of sideway, we could see a higher-high abv the 1576 resistance-turn-support level
and tmr we might witness the reversal to the upside either slowly...or aggressively trying to hit back the next level at 1615...
although commonly the movement to the upside will begin afterwards, but the reversal is yet to confirm...
*plan your trade and trade your plan... gud luck*
resistance : 1615
support : 1575
lower support : 1545
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FKLI TRADING : 266) false breakout to the upsideafter getting "stuck" at 1615 for 2 days, fkli-feb turned to the downside, and now we are at a crossroad...1575...
if the price rebound frm here, then we might see a sideway movement or continuation of uptrend...but further below this
then the price creates a new structure low and will continue further down...
bcox the daily chart is still in downtrend, therefore I am of the opinion that the price will move further down...
*plan your trade and trade your plan... gud luck*
resistance : 1615
support : 1575
lower support : 1545
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
Feb18: FKLI (1D) - Sideways-Down to 157x,3x Support 🐻📉FKLI Index price consolidated past 1-2weeks, between 157x-160x range. Bears in control following multiple fail test of 1600 crucial Resistance mark.
Staying below Major R: 159x-161x will see bear attempt to push price back to range low 155x-7x or to lower S1 area.
🔔Underlying Support: 155x-7x ; 153x ; 150x
❇️❇️Q1 Outlook: Attempt to breakdown to Major S1... (check out post link below)
FKLI TRADING : 263) advanced pattern invalid"A" leg of the advanced pattern bullish bat pattern has been violated. therefore, no more advanced pattern.
most probably fkli will continue to go higher, as more higher-highs are formed in hourly chart...
as for Chinese, Hapi Chinese New Year....
*plan your trade and trade your plan... gud luck*
resistance : 1615
immediate support : 1594
lower support : 1575
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FKLI TRADING : 262) more advanced patternsthis is trade 262 frm haidojo trading...
due to the recent sideway market, yesterday I spotted another advanced pattern. A better risk reward and bullish bat pattern...
entry is at the support level--1560, SL below 1554, 1st tp 1570-75, 2nd tp 1586...but I am not so keen on the second tp on this one...
sideway market is not suitable for holding position-sizing, and multiple tp...so it is a quick entry and quick exit strategy...
*plan your trade and trade your plan... gud luck*
resistance : 1596-1605
immediate support : 1575
lower support : 1545-1560
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FKLI TRADING : 257) sideway market-bewarethis is trade 257 frm haidojo trading...
my opinion really is bearish for the market especially fkli and stocks...but what to do? market and its participants have other idea...
basically, this is sideway market...we will have sudden ups and sudden downs in fkli...until significant level of resistance and support is broken...
now, I spot a bullish cypher pattern in hourly chart...entry range frm 1564-1567...SL is below 1555...1st tp 1575, 2nd tp 1588...
personally, I am not so confident on this one...I think it is a false breakout to the upside but continues downtrend...
but what to do? ---trade what u see, not what u believe...
again, pliz dun follow this trade if u nvr test it, either backtesting or forward testing...
if u have never heard of advanced pattern before, then stay away...ok...that's the best to do...
I hate to rant, but err...this is not a signal service channel, all episodes in this channel are juz my personal trading journals,
some of my opinions on the market and based mainly on charts and technical analyst...
if I happen to NOT trading similar to your trading pattern, and you LOSE money after following whatever hints/tips/advices in this channel,
I am not holding accountable for whatever losses you did to your trading account/funds, bcox YOU are the one responsible for your account and your own money...
*plan your trade and trade your plan... gud luck*
resistance : 1596-1605
immediate support : 1575
lower support : 1545-1560
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
FKLI TRADING : 256) downtrend persiststhis is trade 256 frm haidojo trading...
today is the last day of fkli-jan...it closed lower at 1560-65...again, pop quiz frm previous trade...
option 2 hits the situation and it sounds like this...
2)retest high ranging frm 1593-1604, but reverses lower than 1573, creating lower-low...
quote frm earlier trade...
and as predicted, it really hit higher back to 1604 before hitting 1573 and moves lower today...this prediction was a few days ago...
so as for fkli-feb, my guess is going to continue down...as covid-19 sets on for record new-high, it will probably pull down stocks market alongside with fkli with it...normally, I dun do fundamental analysis but this one is hard to ignore...
*plan your trade and trade your plan... gud luck*
resistance : 1578
immediate support : 1560
lower support : 1545-1550
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*