May We All Have a Prosperous 2018!
Happy 2018 to our readers! It has been almost 2 months since our last Blog update. Our apology.. The team was embarking into a new project related to Automated Trading and Machine Learning for Futures Crude Palm Oil. Anyway, we hope all of us had a good Investment Return for 2017 and since we are still in the Bull run, let us ride this Bull Train together. Remember guys, let the profit runs and cut short the lose. To update our readers, our KLCI closed the year with a fantast
Creating Your Own Trading Pattern with Metastock Forecaster
Below is a video tutorial on some of the cool features you can do with Metastock. Using Metastock Forecaster, you can create your own custom patterns to use in pattern recognition analysis. Double Bottom, Triple Bottom, Triple Top, Failed Swings... you name it just draw however you like on via this power tool and the program will search your desired pattern. There are two ways to make a custom pattern: User Defined Pattern Select - when you see a pattern on the chart that you
FCPO: A Bullish Market?
Monsoon season is here. On Friday 27 Oct 2017, CPO futures traded extended its gains supported by strength in overseas rival oil and rise in Oct export. Exports of Malaysian palm oil products rose 8.6%from 1,085,116 tonnes to 1,177,939 tonnes between 1 Oct to 25 Oct 2017. MPOA data release showed palm oil production up by 10.5%. For aggresive players: Resistance seems to be at RM2,820 which coincides with 50% fibo levels on Weeklys. Support seems to be at RM2,810 - 2,812 lev
KLCI Broke 1750. Are We Heading South?
It seems market was muted ahead of Malaysia's Budget 2018 announcement on Friday 27 October 2017. Price action on KLSE Composite seems to be bearish over the last few days. Will Malaysia's Budget 2018 create a new catalyst for a continuation Bull run of the index? Here are some of the charts that will guide you in the market movement for the next few weeks. On Weekly Time Frame: Price Trend Recent price movement indicates a stronger bearish trend. Expectation Price range is t