Soybean Oil Trade Signal

1)27.08>LONG 40.22-SELL 40.10 = -0.12 (02.09)

2)02.09>SHOT 40.10-BUY 40.91 = -0.81 (05.06)

3)03.09>LONG 40.91-SELL 43.57 = +2.66 (04.10)

4)04.10>SHOT 43.57-BUY 46.82 = -3.25 (11.10)

5)11.10>LONG 46.82-SELL 49.01 = +2.19 (27.10)

6)27.10>SELL 49.01-BUY 49.61 = -0.6 (28.10)

7)28.10>LONG 49.61-SELL 48.94 = -0.67 (29.10)

8)29.10>SHOT 48.94-BUY 49.61 = -0.67 (11.01)

9)11.01>LONG 49.61-SELL 52.57 = +2.96 (11.11)

10)11.11>SHOT 52.57-BUY 50.40 = +2.17 (18.11)

11)18.11>LONG 50.40-SELL 48.95 = -1.45 (22.11)

12)22.11>SHOT 48.95-BUY 49.54 = -0.59 (24.11)

13)24.11>LONG 49.54-SELL 50.19 = +0.65 (29.11)

14)29.11>SHOT 50.19-BUY 50.79 = -0.60 (30.11)

15)30.11>LONG 50.79-SELL 53.18 = +2.39 (7.12)

16)07.12>SHOT 53.18-BUY 54.07 = -0.89 (8.12)

17)08.12>LONG 54.07-SELL 54.64 = +0.57 (15.12)

18)15.12>SHOT 54.64-BUY 54.92 = -0.28 (20.12)

19)20.12>LONG 54.92-SELL 56.50 = +1.58 (29.12)

20)29.12>SHOT 56.50-BUY 56.71 = -0.21 (31.12) >>2010= +5.03
***********************************************************
21)31.12>LONG 56.71-SELL 56.93 = +0.22 (04.01)

22)04.01>SHOT 57.56-BUY 57.91 = -0.35 (05.01)

23)05.01>LONG 57.91-SELL 56.94 = -0.97 (06.01)

24)06.01>SHOT 56.94-BUY 58.07 = -1.13 (18.01)

25)18.01>LONG 58.07-SELL 57.50 = -0.57 (20.01)

26)20.01>SHOT 57.50-BUY 58.08 = -0.58 (23.01)

27)23.01>LONG 58.08-SELL 56.99 = -1.09 (24.01)

28)24.01>SHOT 56.99-BUY 57.16 = -0.17 (27.01)

29)27.01>LONG 57.16-SELL 58.77 = +1.61 (04.02)

30)04.01>SHOT 58.77-BUY 59.33 = -0.56 (06.02)

31)06.02>LONG 59.33-SELL 58.60 = -0.73 (07.02)

32)07.02>SHOT 58.60-BUY 58.99 = -0.39 (08.02)

33)08.02>LONG 58.99-SELL 59.09 = -0.10 (11.02)

34)11.02>SHOT 59.09-BUY 57.08 = +2.01 (17.02)

35)17.02>LONG 57.08-SELL 56.58 = -0.50 (18.02)

36)18.02>SHOT 56.58-BUY 59.69 = -3.11 (07.03)

37)07.03>LONG 59.69-SELL 55.54 = -4.15 (11.03) >>2011 = -10.56

38)11.03>SHOT 55.54-BUY ?? =

TOTAL POINTS = -5.53

CPO GT2 Trade Update: 11 March 2011

*CPO using GT2 system "kena" whack today, i turn SHOT 3406 locking in loss -192 points from my previous LONG 3598.. ouchhh

*CPO RJ1 still on course, still steadily maintaining SHOT 3570.. yahoooo!!

*FKLI also still the same holding typical RJ1 SHOT 1479.5 (roll)

CPO GT2 Trade Update: 10 March 2011

*CPO for GT2 trades i turn SHOT 3501 this morning for May contract initially to offset previous LONG 3598 but with last minute actions and volatility towards closing GT2 give a signal for me to LONG 3473..

*So officially for today i intraday CPO May contract with SHOT 3501-BUY 3473 with a profit +56 points (2lots) and still holding the losing LONG 3598

*arrghhhhh what a swinging day..

CPO Trade Update + GT2 System: 9 March 2011

*Officially i name my New System as GT2 System, and to make it cooler Rojak System i shorten it to RJ1 System.. hahahaha.. both can cari makan :)

*CPO i turn SHOT 3570 today for May contract..

*CPO using my new GT2 system i turn LONG 3598 today, locking in +27 points profit from previous SHOT 3625..

*FKLI still same story maintain March SHOT 1479.5...

My 2 System: Rojak vs New system

*The performance for both my system 1)Rojak system@RS, 2)New system@NS-still no name though!!

# From 1st January 2011 to date: RS up +42 points vs NS up +568 points
# Trades: RS= 6 trades (Win 2, Lose 4) vs NS= 20 trades (Win 11, Lose 9)
# Average win/lose: RS= +192 from 2 wins, -85.5 from 4 losses vs NS= +79.2 from 11 wins, -33.6 from 9 losses.
# Biggest win/lose: RS= +200 win, -127 lose vs NS: +192 win, -106 lose

*hmmmm... my proven Rojak System "kena" trashed by my New System that still without name... hahaha

CPO Trade Update for New System: 8 March 2011

*CPO trade for my new system i turn SHOT 3625 for May contract, i lock in profit 100 points for my earlier LONG 3525..

CPO & FKLI chart update: BLIND TRADE??

FKLI

CPO

*Win, Draw or Lose i'll stick by my method of trading, yupp as a trader i'm brain dead as i always let the market decide my winning or losing (something like ROBOT laa, but my robot will take all the signal). I wont and NEVER will pre-judge or try to outsmart the market. Volatility, Very Strong Money Mgmt, Brain Dead a.k.a Robot, Never try to outsmart the market and the most important UNDERTRADE UNDERTRADE UNDERTRADE is the KEY ingredient that form the VITAL foundation of my trading.

*Last but not least Dont Follow My Trade Blindly.. hehe and see you at the top or shot at the top or buy at bottom.. hmmm confuse already like 1 2 years ago super confuse trader and so called spartan warrior..

*Trade at your own RISK!!! comprender

CPO Trade Update: 2 March 2011

*CPO turn LONG 3565 for May contract..

*FKLI still the same maintain the rolling SHOT 1479.5..

My Small Account Monthly Update: February 2011

FKLI Trade Update : 28 February 2011

*FKLI roll to Mac SHOT 1479.5..

*CPO still remain same position SHOT 3765 for May contract..

Weekly & New System Update: 25 February 2011

*CPO i still holding May contract SHOT 3765, DAMN!! from unrealised 400+/- pts profit now only left 200+/- pts.. knn

*FKLI also the same no difference on my holding, still SHOT 1500..

*Now for my new system update as from 1st November until today, as Fred posted in CBOX, the new system already up roughly about 1200+/- pts from 50trades (1 lot per trade), generate in ringgit factor about $30,000 with $1,500 for brokerage (assume $30 round trip) & compared it with my current "FABULOUS"(borrow armand word, haha) rojak system it only up about 300+/- pts but from 12 trades (1 lot per trade). Basically the new system TOTALLY outperform my rojak system.. CRAZY!! but its time consuming for me because of age factor.. hahahaha i need 2 more month to test or i might trade using the new system earlier, it all depends from my crazyness.

*Overall the new system is a very super system that not only can match but beat my proven rojak system 4 to 1. The style/basis still trend following but with UNKER/AUNTIE style in mind that is BUY LOW SELL HIGH..

adios

CPO Trade Update: 16 February 2011

*CPO i'm force to turn SHOT 3765 for May contract today, after yesterday holiday for Malaysia the gap down is expected after SoyaBean hack down. :)

*FKLI still no difference maintain February month SHOT 1500..

CPO Trade Update: 14 February 2011

*CPO i roll to May contract, LONG 3892 with good spread difference of 41 points.

*FKLi still same holding SHOT 1500 for February month.

FKLI Trade Update: 10 February 2011

*FKLI i turn SHOT 1500 for February month.. Not a good start for 2011 trading FKLI for me.. first two trades both KO'ed..

*Both CPO & FKLI i suffered losses on all my trades currently.. damn!!

Happy Chinese New Year 2011, Gong Xi Fa Cai

My Small Account Monthly Update: January 2011

CPO & FKLI Trade Update: 31 January 2011

*CPO i suffered 3rd straight K.O :( for 2011 trades... i turn LONG 3749 for April contract today..

*FKLI i roll over to February month LONG 1511..

Good luck to me.. hehe

CPO Trade Update: 26 January 2011

*I turn SHOT 3630 for CPO April contract.. i'm totally cooked by the opening bell gap down, missed my original SHOT entry by so many miles because of gap down, knn!! and again from unrealised 100+ pts winning for my earlier LONG it also turn to losses for my first 2 trades for 2011.. ouchh..

*For FKLI i still holding the same LONG 1528 for January..

CPO Trade Update: 19 January 2011

*My signal emerge today, i turn LONG 3723 for April contract and thats the end for my March contract SHOT 3761, from unrealised profit of more then 100pts it turn to losses.. no other way must stick with the system..

Position Update: 17 January 2011

*CPO still holding March contract SHOT 3761.. still no rolling over to April for me yet!

*FKLI also same story here, holding my January rollover LONG 1528..

#Sorry to all not much update from me because i still holding the same position & for CPO market commentary i'll try to post it ya.. (sorry very lazy lately to update with the rotational play in stocks) hehe..

FKLI 2010 Performance

43)31.12>Jan, LONG 1269-SELL 1290 = +21 (08.01)

44)15.01>Jan, LONG 1302-SELL 1294 = -8 (22.01)

45)29.01>Feb, LONG 1262.5-SELL 1246 = -16.5 (05.02)

46)05.02>Feb, SHOT 1246-BUY 1276 = -20 (25.02)

47)25.02>Mac, SHOT 1265-BUY 1287 = -22 (02.03)

48)02.03>Mac, LONG 1287-SELL 1316.5 = +29.5 (31.03)

49)31.03>Apr, LONG 1326.5-SELL 1343.5 = +17 (30.04)

50)30.04>May, LONG 1347.5-SELL 1296.5 = -51 (20.05)

51)20.05>May, SHOT 1296.5-BUY 1284 = +12.5 (31.05)

52)31.05>Jun, SHOT 1288-BUY 1335 = -47 (21.06)

53)21.06>Jun, LONG 1335-SELL 1313 = -22 (30.06)

54)30.06>Jul, LONG 1308-SELL 1356.5 = +48.5 (30.07)

55)30.07>Aug, LONG 1354-SELL 1424 = +70 (30.08)

56)30.08>Sep, LONG 1426.5-SELL 1464.5 = +38 (30.09)

57)30.09>Oct, LONG 1461-SELL 1502 = +41 (29.10)

58)29.10>Nov, LONG 1505-SELL 1488.5 = -16.5 (30.11)

59)30.11>Dec, LONG 1483-SELL 1522 = +39 (30.12) >> 2010= +113.5

FKLI 2009 Performance

14)02.01>Jan, LONG 889-SELL 915 = +26 (08.01)

15)09.01>Jan, LONG 929-SELL 909 = -20 (14.01)

16)14.01>Jan, SHOT 909-BUY 882 = +27 (28.01)

17)03.02>Feb, SHOT 863-BUY 891 = -28 (06.02)

18)13.02>Feb, LONG 902-SELL 881 = -21 (20.02)

19)20.02>Feb, SHOT 881-BUY 890.5 = -9.5 (27.02)

20)27.02>Mac, SHOT 888-BUY 850 = +38 (17.03)

21)27.03>Apr, LONG 894-SELL 872 = -22 (30.03)

23)02.04>Apr, LONG 896-SELL 968 = +72 (28.04)

24)04.05>May, LONG 1004-SELL 1006.5 = +2.5 (14.05)

25)20.05>May, LONG 1039-SELL 1040 = +1 (28.05)

26)29.05>Jun, LONG 1058-SELL 1056 = -2 (03.06)

27)05.06>Jun, LONG 1076-SELL 1078.5 = +2.5 (15.06)

28)14.07>Jul, LONG 1070-SELL 1166 = +96 (31.07)

29)31.07>Aug, LONG 1164.5-SELL 1174 = +9.5 (12.08)

30)17.08>Aug, SHOT 1171-BUY 1171 = -0 (24.08)

31)25.08>Aug, LONG 1167-SELL 1177.5 = +10.5 (28.08)

32)28.08>Sep, LONG 1169-SELL 1163 = -6 (01.09)

33)01.09>Sep, SHOT 1165-BUY 1173 = -8 (03.09)

34)04.09>Sep, LONG 1179-SELL 1213.5 = +34.5 (25.09)

35)02.10>Oct, SHOT 1200-BUY 1214 = -14 (05.10)

36)08.10>Oct, LONG 1233-SELL 1253.5 = 20.5 (22.10)

37)27.10>Nov, SHOT 1252-BUY 1253 = -1 (04.11)

38)04.11>Nov, LONG 1253-SELL 1268 = +15 (12.11)

39)13.11>Nov, LONG 1276-SELL 1273 = -3 (19.11)

40)02.12>Dec, LONG 1273.5-SELL 1265 = -8.5 (04.12)

41)09.12>Dec, SHOT 1254-BUY 1263 = -9 (14.12)

42)23.12>Dec, LONG 1271-SELL 1266.5 = -4.5 (31.12) >> 2009= +198.5

FKLI 2008 Performance

)03.06>Jun, SHOT 1255-BUY 1187 = +68 (30.6)

2)01.07>Jul, SHOT 1172-BUY 1122 = +50 (10.07)

3)18.07>Jul, SHOT 1096-BUY 1123 = -27 (23.07)

4)28.07>Jul, LONG 1149-SELL 1162.5 = +13.5 (31.07)

5)12.08>Aug, SHOT 1106-BUY 1081 = +25 (29.08)

6)11.09>Sep, SHOT 1035-BUY 1016 = +19 (19.09)

7)29.09>Sep, LONG 1011-SELL 1017.5 = +6.5 (30.09)

8)03.10>Oct, SHOT 1011-BUY 866.5 = +144.5 (31.10)

9)31.10>Nov, SHOT 849-BUY 884 = -35 (03.11)

10)10.11>Nov, LONG 909-SELL 852 = -57 (20.11) *o.shoot 862 stop,bcoz open gap down to 852.

11)20.11>Nov, SHOT 852-BUY 866.5 = -14.5 (28.11)

12)28.11>Dec, SHOT 872.5-BUY 866 = +6.5 (17.12)

13)17.12>Dec, LONG 866-SELL 868 = +2 (23.12) >> 2008= +201.5

CPO 2010 Performance

APRIL 2010 contract
40)21.01>SHOT 2430-BUY 2486 = -56 (03.02)

41)03.02>LONG 2486-SELL 2562 = +76 (10.02)

MAY 2010 contract
42)10.02>LONG 2555-SELL 2588 = +33 (25.02)

43)25.02>SHOT 2588-BUY 2629 = -41 (03.03)

44)03.03>LONG 2629-SELL 2657 = +28 (11.03)

45)11.03>SHOT 2657-BUY 2590 = +67 (15.03)

JUNE 2010 contract
46)15.03>SHOT 2575-BUY 2564 = +11 (02.04)

47)02.04>LONG 2564-SELL 2523 = -41 (06.04)

48)06.04>SHOT 2523-BUY 2530 = -7 (23.04)

JULY 2010 contract
49)23.04>LONG 2522-SELL 2529 = +7 (04.05)

50)04.05>SHOT 2529-BUY 2492 = +37 (20.05)

AUGUST 2010 contract
51)20.05>LONG 2475-SELL 2451 = -24 (27.05)

52)27.05>SHOT 2451-BUY 2473 = -22 (02.06)

53)02.06>LONG 2473-SELL 2436 = -37 (08.06)

54)08.06>SHOT 2436-BUY 2443 = -7 (21.06)

SEPTEMBER 2010 contract
55)21.06>LONG 2421-SELL 2382 = -39 (22.06)

56)22.06>SHOT 2382-BUY 2406 = -24 (28.06)

57)28.06>LONG 2406-SELL 2373 = -33 (29.06)

58)29.06>SHOT 2373-BUY 2321 = +52 (12.07)

59)12.07>LONG 2321-SELL 2468 = +147 (20.07)

OCTOBER 2010 contract
60)20.07>LONG 2445-SELL 2673 = +228 (17.08)

NOVEMBER 2010 contract
61)17.08>SHOT 2652-BUY 2557 = +95 (27.08)

62)27.08>LONG 2557-SELL 2624 = +67 (15.09)

63)15.08>SHOT 2624-BUY 2736 = -112 (27.09)

DECEMBER 2010 contract
64)27.09>LONG 2736-SELL 3054 = +318 (26.10)

JANUARY 2011 contract
65)26.10>LONG 3052-SELL 3362 = +310 (16.11)

FEBRUARY 2011 contract

66)16.11>LONG 3357-SELL 3288 = -69 (16.11)

67)16.11>SHOT 3288-BUY 3266 = +22 (25.11)

68)25.11>LONG 3266-SELL 3608 = +342 (09.12)

MARCH 2011 contract
69)09.12>LONG 3569-SELL 3587 = +18 (16.12)

70)16.12>SHOT 3587-BUY 3606 = -19 (22.12)

71)22.12>LONG 3606-SELL 3761 = +155 (07.01) >>2010= +1482

CPO 2009 Performance

15)13.01>SHOT 1863-BUY 1806 = +57 (15.01)

Apr 2009 contract
16)15.01>SHOT 1805-BUY 1873 = -68 (22.01)

17)22.01>LONG 1873-SELL 1791 = -82 (28.01)

18)28.01>SHOT 1791-BUY 1816 = -25 (04.02)

MAY 2009 contract
19)13.02>LONG 1970-SELL 1906 = -64 (17.02)

20)06.03>LONG 1931-SELL 1970 = +39 (12.03)

JUN 2009 contract
21)01.04>LONG 2036-SELL 2123 = +87 (07.04)

22)09.04>LONG 2202-SELL 2459 = +257 (15.04)

JULY 2009 contract
23)23.04>LONG 2502-SELL 2663 = +161 (15.05)

AUGUST 2009 contract
24)21.05>SHOT 2512-BUY 2560 = -48 (29.05)

SEPTEMBER 2009 contract
25)15.06>SHOT 2437-BUY 2319 = +118 (25.06)

26)02.07>SHOT 2208-BUY 2059 = +149 (14.07)

OCTOBER 2009 contract
27)20.07>LONG 2165-SELL 2286 = +121 (06.08)

28)10.08>LONG 2367-SELL 2441 = +74 (14.08)

NOVEMBER 2009 contract
29)17.08>LONG 2371-SELL 2274 = -97 (21.08)

30)01.09>SHOT 2312-BUY 2238 = +74 (10.09)

31)14.09>SHOT 2115-BUY 2100 = +15 (15.09)

DECEMBER 2009 contract
32)15.09>SHOT 2090-BUY 2124 = -34 (12.10)

33)12.10>LONG 2124-SELL 2129 = +5 (15.10)

JANUARY 2010 contract
34)19.10>LONG 2200-SELL 2186 = -14 (27.10)

35)04.11>LONG 2252-SELL 2269 = +17 (13.11)

FEBRUARY 2010 contract
36)13.11>LONG 2288-SELL 2459 = +171 (30.11)

37)04.12>LONG 2523-SELL 2525 = +2 (15.12)

MARCH 2010 contract
38)15.12>LONG 2530-SELL 2487 = -43 (23.12)

39)29.12>LONG 2624-SELL 2651 = +27 (07.01) >> 2009= +899

CPO 2008 Performance

August contract
1)22.05>LONG 3625-SELL 3658 = +33 (28.05)

2)04.06>SHOT 3438-BUY 3539 = -101 (05.06)

September contract
3)03.07>LONG 3630-SELL 3558 = -72 (07.07)

October contract
4)17.07>SHOT 3437-BUY 2453 = +984 (15.08)

November contract
5)18.08>SHOT 2440-BUY 2567 = -127 (20.08)

6)09.09>SHOT 2405-BUY 2240 = +165 (15.09)

December contract
7)16.09>SHOT 2171-BUY 2182 = -12 (18.09)

8)29.09>SHOT 2250-BUY 1899 = +351 (14.10)

January 2009 contract
9)20.10>SHOT 1724-BUY 1558 = +166 (30.10)

10)03.11>LONG 1599-SELL 1542 = -57 (12.11)

11)12.11>SHOT 1542-BUY 1455 = +87 (14.11)

February 2009 contract
12)14.11>SHOT 1460-BUY 1467 = -7 (19.11)

13)21.11>SHOT 1399-BUY 1495 = -96 (24.11)

Mac 2009 contract
14)30.12>LONG 1659-SELL 1863 = +204 (13.01) >> 2008= +1518

CPO Trade Update: 7 January 2011

*Officially this is my 1st trade for 2011, i turn SHOT 3761 for March contract.. is this the real SELLING POINT for CPO to jump down.. hmmmm, no idea..

*And i would like to say that for year 2010 i'm up +/- 370% trade per lot (per trade).. crazy crazy.. GT's believe it or not.. BELIEVE IT.. :))

CPO & FKLI 2010 Performance..

CPO
*Assume i start trade CPO RM10,000.. As of end 2010 i'm already up a whopping percentage roughly around +330% from capital just by assuming trading 1 lot per trade whole year.

*For 2009 up about +220% assume start RM10,000 and for 2008 up about +380%.. so for the last 3 years my average winning per year roughly about +310%.

*Dont forget for 2010 i still holding LONG 3606 for March contract and i will calculate it for 2010 performance once i SAR.

FKLI
*For FKLI i'm up roughly about +56% for 2010, up +99% for 2009 and up about 101% for 2008, so its crystal clear CPO is far more SUPERIOR than lovely FKLI.. hehe

My Small Account Monthly Update: December 2010

FKLI Update: Roll to new year Jan 2011

*FKLI roll LONG 1528 for January month..

*CPO still remain the same, holding LONG 3606 for March contract..

Happy New Year 2011..

* I wish to all my die-hard supporters err followers err friends, a Happy & Prosperous New Year 2011.. i'm looking forward to test my new created system with real hard CASH, i tested the new system 30 October 2010 & as 31 December 2010 the new system stands pround at profit 778 from 28 trades in only 2 months.. but its not fully tested yet as i need few more month to say that this new system will fight neck to neck with my current, proven & stress free ROJAK system. This new system much more faster and the main agenda is for "kopi" money & my ROJAK system still maintain its true CORE as my trend following (longer term) system.. "BIG MONEY MADE ON THE SITTING NOT THE THINKING" , J.Livermore..

* Happy New Year to all, to new trader learn learn learn, for experience trader i believe i already set a benchmark to all of you.. hopefully we all will win big looking forward 2011 and beyond :)) and to those traders that already WHACK by the market in 2010 and planning to make a come back in 2011 i wish goodluck.

*Good bye 2010 & here i come 2011.. hahahaha

Chart update: CPO & FKLI

FKLI


CPO

*This is trend following, no thinking involve, no second guess just stay true to market movement.. Enjoy :))

Merry Christmas..

*I wish Merry Christmas to all my blog readers, followers, friends etc etc.. Have a blast guys/gals and may your wish come true..

CPO Update: 22.12.2010

*CPO, turn LONG 3606 for March contract..

*FKLI still holding LONG 1483..

What Is A Trading System And How Do I Get One Working For Me?

By Michael Levin

1. A Trading system is a defined set of rules that trigger entries and exits in a particular market or group of markets.
   
   
2. Most systems use algorithms, setups or "situations" that occur in the market that trigger an entry (long or short).
   
   
3. An example of a simple system called an "Opening range Breakout" would be to wait until a stock or index has opened for the day and after the first 30 minutes of trading, if the market being tracked breaks above or breaks down below that 30 minute range, the "system' would enter a buy order if breaking above or a sell/short order if breaking below.

Here is an example - S&P 500 ETF Friday December 17th

1. Opening range established between 9:30 am EST
2. Low 123.91 - High 124.11
3. A break of the high will trigger a buy and a break of the low will trigger a low.
   
   
   
   If you cannot view the above chart, go here.
   
   
4. Notice the breakout "A" was just by a few ticks or so. Some systems will buy a breakout by even the smallest of increments, other systems have rules that further trigger, such as volume, Stochastics, MACD, Relative strength, CCI, etc.
   
   
   
   If you cannot view the above chart, go here.
   
   
5. Notice that there was no follow through on this breakout and it went and broke through the lows by just a bit soon after in area "B"
6. If a system isn't robust enough it will be buying breakouts that aren't strong and then get washed out on the subsequent pullbacks that break to new lows.
7. Notice that on this day, that "washout" of area "B" had a nice recovery and moved up again to a brief new high at area "C", traded sideways and then had a "real" breakout in area "D"
   
   
   
   If you cannot view the above chart, go here.
   
   
8. I drew a trendline under the range of the breakout in area "D" that proved to be the "tipping point" at which the bulk of the move was over that area "E" shows as the breakdown of the days move and also gives a chance for late day reversal signals to take place as another type of stand alone system.

The point I want to make here is that there are so many types of trading days that can occur. In an article I wrote for www.FutureSource.com in early December 2010 ( go here to read the article) I talk about how easy it is at the END of the day, to look back and see what one could have done, than it is to be trading well AS the market is open and trading.

By using a system that is programmed to take advantage of "certain" moves in the market, WITHOUT the human emotions that usually have a bias associated with it that often are triggered by greed or fear (should I buy before I miss this move or should I not sell because I don't want to get stopped out) a system is more reliable over time and has the added advantage of waiting until all the signals (metaphorically) are green (for a buy) or red (for a sell).

Systems that trade for a client directly into their own account are highly valued by those that havemoney and know how to make it work for them . Those who have never had a system working for them; seem suspect these days, as I speak to literally hundreds of investors per month and because of the Bernie Madoffs of the world and other "scammers" that exist on the internet, they can be reluctant to try one.

One particular person wanted to "watch" the system over time and see if he liked it. He saw a track record of 4 years with returns averaging 60% per year Net and yet that wasn't good enough for him, he was too skeptical.

After 4 months of watching the beginning of 2010, the system was up almost 28% (that he missed) and begrudgingly he set up his account, only to see the system draw-down 20% in 45 days after he got in. He jumped out and closed his account swearing that he always loses when he does things like this.

I'm sure you know what happened right after he got out; the next 3 months the system went up 55% without him, giving the best 3 month performance stretch in over 2 years. Had he started when he was presented with the system, he would have been up a Net 67% on his account, instead, because of HIS EMOTIONS (which is why we use systems) HE stepped out of a winning system and wound up with losses of 22% (right at the lows I might add). Summing up systems; Find a system with a verifiable track record that you can live with over the course of a few YEARS. Define the worst draw-downs and fund your account so you don't get scared out when a draw-down occurs, because they WILL happen to everyone. Lastly, let it ride, compound your gains and you may find as I have that trading systems are the way to go for a portion of a smart portfolio. I adjusted these lines from the movie the Terminator to fit with how I view automated systems trading. Here are the original lines from the Terminator: That Terminator is out there. It can't be bargained with, it can't be reasoned with. It doesn't feel pity or remorse or fear and it absolutely will not stop, ever, until you are dead. My version: This system is traded for you; it hasn't been optimized or changed since it was invented. It trades whether you are sleeping or working or driving on the highway and it doesn't stop crunching the numbers until the trading day ends. It has no fear, no greed, it doesn't care what Ben Bernanke or Barrack Obama or China does. It doesn't argue with the boss, it doesn't have a bias of where the market is going and it doesn't take coffee breaks. It just keeps on spitting out results day after day after day and it will not ever stop until you tell it to. Systems are your designated hitter; you can stay in the stands and watch them do the heavy lifting... Just don't sit there and watch these systems winning for others while you are still "thinking about it". Featured Article from FutureSource.com

CPO Update: 16.12.2010

*CPO i turn SHOT 3587 for March contract..

*FKLI still holding same position LONG 1483..

CPO & FKLI Chart Update:

FKLI


CPO

CPO Update: 09.12.2010

*I decided to roll to March 2011 contract for CPO, now this is my new CPO LONG 3569.. very good difference between February contract and March, i manage to get difference of +38pts.. ahhaha

*FKLI still no difference still holding LONG 1483 for December month..

CPO & FKLI Update: 9.12.2010

I just came back from holiday yesterday and this is my update for CPO & FKLI..

*CPO still holding February contract LONG 3266..

*FKLI still same case holding LONG 1483..

Testing New System Update

15)30.11>SHOT 3377-BUY 3483 = -106 (1.12)

16)1.12>LONG 3483-SELL ?? =

*Up +438pts

My Small Account Monthly Update: November 2010

*This my Monthly update..

FKLI Update: Rollover

*FKLI i still maintain Long position.. rolling to DEC month LONG 1483..

*CPO still holding FEB contract LONG 3266..

Testing New System Update

* I call it HE System.. (Head Egg).. hahahaha

1-13) Start 29.10.2010, Up +381.. (sorry i'm lazy to post one by one)

14)25.11>LONG 3214-SELL 3377 = +163 (30.11) total> +544

15)30.11>SHOT 3377-BUY ?? =

*15 trades (9win- 5losses), 1 still open Shot

My new, faster swing system trading (still TESTING mode)

*This is the 14th trade if i not mistaken, i tested the new system few days back and this is the current LONG holding... FEB CPO LONG 3214 (23/11/2010)

*My backtest started from 29/10/2010 and already up about 380+/- pts (i cannot remember the exact winning points, left the record in my office).. maybe i will post the tested NEW system here by tomorrow..

*Base from the date started this new system beat my current ROJAK BEST OF THE BEST SYSTEM by about 100pts+/- (not so sure, cannot remember) but the downside this new system give signal more often 14 against 3.. hahaha

*I'll test till year end to see how it perform against my proven ROJAK SYSTEM

CPO Chart Update Long entry (SAR)

*My new Feb CPO LONG 3266.. SO which way now? Up Up.. hmmm totally no idea

CPO Update: Turn LONG

*CPO i turn FEB contract LONG 3266, its frustrating to let go about 180pts winning (SHOT 3288) and only can win 22pts by turning Long today, what to do that is the downside of trend following :)

*FKLI still same case, still holding November LONG 1505 (roll)..

An Introduction To CANDLESTICKS, PART 4

PART 4

Buy on Greed, Sell on Fear

There are only two forces behind the supply and demand forces that
drive a stock's price higher or lower.

Those forces are the emotional forces of fear and greed. To illustrate
this point we refer to Figure 11.


Figure 11

Suppose you are a trader observing the bullish rally of Stock XYZ at
the beginning of the 3rd bullish green candlestick, and considering an
entry.

You have witnessed the stock rally huge for two days and know that
each trader who entered on the first two days is now a big winner.

Based on the emotion of greed you decide to enter at that beginning of
the 3 day, and mentally count your profits as the price rallies to a new
high.

After the stock closes, you brag to your friends at the golf course
regarding the great trade that you made that day.

You go home from the golf course and celebrate the victory with your
spouse and maybe even discuss how you will use the extra money that
you have earned through the trade.

Now keep in mind that the profit is only on paper and not one penny
has been earned yet.

The next morning you check the price of your position, with
expectations that your bullish stock will rocket to the moon! Now
imagine the emotion that goes through your mind when your position
not only fails to go higher, but also opens below your entry price.

What is the emotion that flows through your body as you not only see
your profits erode before your eyes, but now rob your account of
precious capital?

The emotion that you will experience is undoubtedly fear and will
prompt you to scramble to liquidate your position as soon as possible
to minimize your losses.

Now consider that there were also 2 or 3 thousand additional traders
who entered the same stock at around the same price with the hopes
of the gaining the same
profit.

All of these traders will be tripping over themselves trying to get out of
the stock.

As was illustrated in the previous section, this increase in fear results
in an increase in supply of the stock relative to the increase in
demand, and triggers the sharp decline in the price.

The deeper the red candlestick cuts into the bullish green candlesticks,
the more traders are thrown into losing positions, and thus the further
the price decline.

Perhaps you are beginning to realize the power of emotions in price
movements of a stock.

The technical analyst through candlestick reading is trained to read
this greed and fear emotions in the market and capitalize on them.

Capitalizing on Fear and Greed

From the previous section, we determined that price movements result
from massive emotions of fear and greed regarding trader's position in
the market with a given stock.

Recognizing the footprints of greed and fear is not difficult.
Recognizing the signs that the rally or decline before it happens is the
difficult part of trading. How many times has this situation happened
to you: You enter a trade based on a bullish reversal signal, but then
exit on a slight pull back only too see the stock rally to a new high
after you exit.

Or how often have you held on to a stock that experiences a bearish
pull back in hopes that it will turn around, only to see the stock
plummet to new lows before you finally concede to defeat and exit.

Unfortunately, there is no system that can predict with 100% accuracy
exactly where a greed rally or fear sell off begins. There are;
however, techniques based on candlestick patterns that help us locate
probable areas for these turning points. The rest of this section will
explore the techniques in identifying those probable areas that
properly managed will result in profits for the trader in
the long run.

My CPO FEB contract Chart Update (SHOT 3288)

* SHOT 3288 (16/11/2010) The Chart says everything.. :)

CPO Commentary

News Bites

* Market Talk: Market expected that overall November exports would increase 8%-10% from a month earlier and will remain strong into the first half of December.

Cargo surveyor ITS on last Sat pegged Malaysia’s Nov 1-20 days palm oil export at 1,053,520 metric tons, increased 11.5% from the last correspondent period. The figures are close to early expectation of around 1.06 million tons. Cargo surveyors SGS is scheduled to release its exports estimation on today.

Outlook

* Fundamental: CPO prices are likely to be supportive on expectation of higher exports in November and that Indonesia may increase export levy. Watch for export estimation due today.

* Technical: Despite CPO futures settled marginally 8 points higher last Friday, the daily MACD turned bearish mode, coincided with daily Parabolic SAR indicating a sell signal, likely indication a pause on the medium-term uptrend. Also, a daily Doji candle formed after a significant uptrend last Friday, signifying prices are indecision in direction. Note that, a black daily candle to close below 3326, closing of Nov 19, will confirm the evening star reversal chart pattern and accelerate the selling momentum to test 3114, low of Nov 18.

With daily MACD and Parabolic indicating a sell signal, we would advise on selling on strength with a stop loss at daily Parabolic SAR of 3417. Nevertheless, we believe the long-term uptrend and Elliott primary wave count are still intact and the medium-term correction is coincided with the daily primary wave 4 correction. Any breakout above the said resistance will likely to indicate a continuation of daily primary impulse wave 5.

#Courtesy Inter-Pacific Securities Sdn Bhd, for enquiries please contact 03-21427586 or email :- tanks@interpac.com.my (please mention my site http://www.fkli.co.cc/ when enquiring)

Soybean Oil Daily Chart

* See for yourself, lower high in the making & very bearish candle (what they call it Engulfing Something??) ... But if you ask me whats going to happen to Soybean Oil or Crude Palm Oil, further down or up, seriously i've no idea.

Tun Dr. Mahathir Mohamad Facebook Posting

THE STOCK MARKET

by Dr. Mahathir bin Mohamad on Friday, November 19, 2010 at 9:57am

1. Lately we have been seeing rather rapid increases in the Kuala Lumpur Composite Index. Those who play the stock market must be feeling very happy. Much money must be made by investors from capital gains.

2. Some people believe that the rise of the KLCI is an indicator of the healthy state of the Malaysian economy. This may be true but let me throw some cold water in the belief that the index indicates that the economy is doing very well.

3. It is doing fairly well, no doubt, but that is not enough to push the KLCI to record highs. What is happening is that a lot of foreign money is coming in to buy Malaysian stocks.

4.In itself it is not bad. It is also a kind of foreign direct investment (FDI). But this kind of FDI is not about setting up industries to produce goods for export. The latter will not be easily liquidated to take the invested capital out. The plants which are set up cannot be easily sold. The Investors will have to manage them through good and bad times to get a return on their investments.

5. But FDI in stocks and shares can be sold any time and the proceeds taken out.

6. Just as increases in investments push up share prices and the KLCI, rapid or massive divestments will push down the share prices and index.

7. We read in the papers that the Federal Reserve Bank of the United States is pumping US600 billion Dollars into the US economy. A part of this money will no doubt be used to invest in stock and shares of the developing economies. The result of this FDI-financed purchases will be a rise in the share prices and the KLCI.

8. In 1997-1998 the foreign investors pulled out their investments and the KLCI dropped from 1,300 to 262. Naturally a lot of local investors lost money. They could not meet margin calls nor raise money to augment collaterals for their bank loans.

9. The banks found themselves burdened with large numbers of non-performing loans and had to face the threat of bankruptcy.

10. Should the banks collapse the economy of the country will go into a tailspin. It did in 1997-1998. It will happen again should the foreign investors dump their Malaysian shares to take profits from capital gains.

11. Foreign funds, especially from the US coming in to invest in Malaysia's stock market at this time must be considered as hot money. I would not be suprised when the KLCI peaks the foreign investors will dump their shares and collect capital gains. The share prices will fall rapidly and Malaysians who had chased the shares on their way up will be asked to meet margin calls. If they fail they will lose a lot of money.

12. I hope I am wrong. But sometimes my predictions about money and markets have proven to be right. In any case I only own 200 Malayan Tobacco shares bought before I became Education Minister. I have nothing to gain or to lose, but the country and the stock market investors will lose.

The End of my LONG run for CPO..

* After a LONG run for CPO, today my system SCREAMING to SHOT.. this run generate profit about 552+/- points.. Now officially i'm holding SHOT 3288.. how long i'll hold this SHOT? hmmm wait n see, i have no answer..

CPO & FKLI update for Hari Raya Haji holiday

* CPO- I just roll my Long position to February contract this morning, my signal triggered and now i holding SHOT 3288 for February contract.

* FKLI- Still the same i'm holding my November month LONG 1505 (roll)..

CPO rollover today

* CPO i roll to February contract LONG 3357..

My CPO & FKLI - Daily chart entry

FKLI

CPO

* Enjoy..

CPO Commentary

News Bites

* Market Talk: CPO prices will continue their rally up to the middle of 2011 after hitting their highest level in over two year, Lee Yeow Chor, executive director of Malaysia's IOI Corp said.

A local broking house upwardly revised its projection on CPO prices to MYR2.700 per ton for 2010 and 2011 respectively, compared with early projection of MYR2,500 per tons due to weak Malaysian output and strong exports. Its commented that palm oil supply would remain tight in the first half of 2011 and would support the prices. However, CPO prices was expected to be capped to between MYR3,300 and MYR3,500 per ton.

Outlook

* Fundamental: We expect some selling pressure on spillover weakness from crude oil and soyoil losses in last Friday. Watch out the export estimation due today.

* Technical: Reuters Jefferies CRB Index broke down the daily uptrend channel of 307.16 and settled at 303.16 last Friday, signaling further weakness in general commodities in the near term. Also, CPO prices broke down the shortterm hourly uptrend channel with bearish hourly Parabolic SAR, increasing the shortterm selling momentum in the near term.

However, there are no major changes in the bullish daily indicators and hence we believe any correction in the near term is healthy for further price advancement in the long term basis. This is also coincide with the start of daily Elliott primary and minor corrective wave 4 with a rising short-term target of 3216, target of minor corrective wave 4, then 2809, target of primary corrective wave 4. Intraday traders are advised on selling accumulation around 3400 psychology resistant, unless any signs of bottoming and may mean another start of Elliott daily minor or primary impulse wave 5.

#Courtesy Inter-Pacific Securities Sdn Bhd, for enquiries please contact 03-21427586 or email :- tanks@interpac.com.my (please mention my site http://www.fkli.co.cc/ when enquiring)

CPO Commentary

News Bites

* Market Talk: Market expected CPO prices could remain above MYR3,000 per ton for the rest of 2010 till first quarter of 2011 amid shrinking supply and as demand remains strong from China. Meanwhile, concerns of possible lower palm oil production continues as uncertain weather patterns triggered flood in palm oil growing region in Kedah and Perlis.

Outlook

* Fundamental: At the time this report is written, Palm Olein futures traded in Dalian Commodity Exchange is down by 4.07% and soyoil futures in CBOT down by 2.7%. We expect prices to tightly trace these two bourses ahead of weekend positioning.

* Technical: Overall technical remains friendly, though a note of caution emerged from the candlestick reading, whereby a daily long upper shadow occurred yesterday, typically a bearish signal particularly when it occurs near a high price level at or when the product is overbought, which in our case, the daily RSI is overbought at 84.247.

For trading purposes, we would advice trading on the hourly uptrend channel, which should begin the day with a resistance 3474 and support at 3372. The support line of the above mentioned channel coincides with weekly Fibonacci projection support of 3366. A breach of these support levels could potentially bring prices down to 3265, the observed low at Nov 8, and subsequently 3210, the rising gap.

#Courtesy Inter-Pacific Securities Sdn Bhd, for enquiries please contact 03-21427586 or email :- tanks@interpac.com.my (please mention my site http://www.fkli.co.cc/ when enquiring)