CPO RJ1 Trade Update: 13 July 2011

*CPO RJ1 turn LONG 3085 yesterday (sorry for the late update) and taking in losses -51 points the next day.. haihh, really really tough for my RJ1 system trade..

*CPO GT2 still steady with LONG 3045.. hehehe

##PS :- After The Star published the CPO so called FUNDAMENTAL news on 7th July 2011 expecting CPO will breach under 3000 but instantly on the same day CPO rocketing up and as of today already run up roughly about 140 +/-.. thanks to The Star, Super Top Analyst & The Reporter :) you guys help us a lot. But 1 week plus to go, because the report says.. oppss the analyst say that CPO will go under 3000 within 2 weeks, i cannot wait to see on 27th July 2011 whats going to happen.. hehe hehe hehe...

CPO RJ1 @ GT2 Trade Update: 12 July 2011

*CPO RJ1 turn SHOT 3034 for September contract with losses -71 points from previous LONG 3105..

*CPO GT2 LONG 3045 for September contract taking in profit +29 points from SHOT 3074..

## quite a tough year for my trading for 2011.. still cannot catch big home run.. haihhh

CPO RJ1 Trade Update: 8 July 2011

*CPO using RJ1 turn LONG 3105 for September contract, locking in +154 points profit from SHOT 3259 earlier..

CPO price falling to dip below RM3,000 per tonne due to rising inventory and decreasing demand

By SHARIDAN M.ALI
sharidan@thestar.com.my

PETALING JAYA: Crude palm oil (CPO) price is likely to fall below RM3,000 per tonne over the next two weeks due to rising inventory and decreasing demand, traders and analysts said.

The last time CPO three-month futures was below the RM3,000 per tonne level was on Oct 21, 2010 at RM2,990. Since then it had been climbing to reach a peak of RM3,955 on Feb 11.

The CPO three-month futures price had been on a declining trend for the past five months to close at RM3,029 per tonne, down RM11 yesterday.

Malaysia's CPO stock and production, which have been climbing since February, are playing their part to further suppress the CPO price. Malaysia is the second largest palm oil producer globally after Indonesia.

The latest numbers according to the Malaysian Palm Oil Board (MPOB) monthly statistical data for May showed month-on-month palm oil stocks rose nearly 15% to their highest in 16 months as production overtook exports.

Palm oil stocks in May rose to 1.92 million tonnes from 1.67 million tonnes a month before a level unseen since January 2010 while CPO production shot up by 13.74% to 1.74 million tonnes.

Interband Group of Companies senior palm oil trader Jim Teh expected the CPO price to scale back to around RM2,800 per tonne within the next two weeks as demand was sliding due to the “expensive” CPO price and higher inventory.

“The current CPO price is considered expensive for physical' buyers to keep high inventory on the commodity. They would just buy the CPO as and when they needed it,” he said, adding that besides demand, paper trading of CPO also helped to ramp up its price.

Teh said the healthy production levels in the past three months were supported by good weather that resulted in robust fresh fruit bunches yields.

Nevertheless, Teh argued that even at RM2,800 per tonne, the margin was still good as the production cost of CPO per tonne hovered around RM1,200 to RM1,500.

“It will be a good correction and a breather for the physical buyers to come in and buy CPO as well as to clear the mounting palm oil stock,” he told StarBiz, adding that CPO prices had been rallying since 2006.

The decrease in CPO prices would also very much depend on the latest level of inventory where MPOB is expected to release its June monthly data early next week.

Meanwhile, IJM Plantations Bhd chief executive officer and managing director Joseph Tek Choon Yee remained optimistic that the average CPO price for calendar year 2011 would be higher than last year's RM2,745 and there was still room for it to average at RM3,000.

“The widening soy bean-palm oil discount, presently at US$237 will make palm oil very attractive for soy bean oil buyers such as India. This will certainly lend support to subsequent purchases,” he said.

On rising stockpile, Tek said CPO backed by fresh fruit bunches production was on the rise as the oil palms were recovering from the double whammy weather effects arising from El Nino and La Nina last year and early part of this year.

“This production figures leading toward rising stockpile and lower crude oil prices appear to set some level of panic' selling and lends support to opportunity buying,” he said.

Another analyst, sharing similar views with Teh, also anticipated that the CPO price would dip below the RM3,000 level.

“The inventory level is just quite high right now. Maybe retailers are waiting to buy just before the festive season starting in August.

“The declining CPO prices were also influenced by lower soy bean prices,” he said.

Muslims around the world will start fasting for the whole of August before celebrating the Aidil Fitri.

Palm oil expert Dorab Mistry, director of Godrej International Ltd, was quoted by Bloomberg yesterday as saying the velocity of CPO production was unbelievable.

In April, Mistry revised his earlier CPO forecast given the anticipation of higher global palm oil production this year.

He expected the RM3,000 per tonne price support to be broken and push CPO prices to trade even lower going forward.

OSK Research, which analysed the CPO futures market in June for a few times over a period of three weeks, said that its technical landscape had deteriorated at every subsequent analysis.

“Our major talking point last month was the bottom point of the “non-classical hammer”, or the RM3,163 per tonne level. This is because the RM3,163 per tonne level has been the support floor for the market's six-month old sideways trend.

“However, this crucial low was violated last week and it looks like this violation of the key RM3,103 per tonne support level has confirmed a breakdown,” it said in a report earlier this week.

But, the research house said since the violation of this level was not aggressive enough, it could not tell for sure at this point of time if the RM3,163 per tonne level had been decisively taken out.

“Hence, to confirm that the lowest point of the “non-classical hammer” has really been violated, we would have to wait until prices fall below last week's low of RM3,031 per tonne level,” it said.

**PS>> I love this kind of news from our super analyst.. hehe, go down within 2weeks under 3k posible, my signal also showing i still holding SHOT 3259 for September contract rollover from August contract initial SHOT 3362.. this is the STAR link : I DO HOPE ALL THIS ANALYST ALREADY SHOT WAY HIGHER THEN ME.. muahahahaha

My Small Account Monthly Update: June 2011

*nothing to shout for June 2011 performance.. its up month but nothing.. btw from April-June 2011 i withdraw total cash RM4,450..

CPO GT2 Trade Update : 30 June 2011

*CPO GT2 turn SHOT 3113 for September contract.. please scroll down to bottom of screen to see GT2 trades.. haihhhh

CPO GT2 Trade Update: 23 June 2011

*CPO GT2 turn SHOT 3212 yesterday for September contract.. myself and Fred in gear one now for GT2 trades.. hehehe :)

CPO RJ1 Trade Update: 16 June 2011

*CPO RJ1 signal roll SHOT 3259 for September contract and locking in profit for August +100 points..

FKLI & CPO 2011 Performance Update

*FKLI a disastrous year currently for my RJ1 system, currently down -95.5 points..

*CPO using RJ1 also down by -50 points this year.. very bad year currently for both FKLI & CPO using my RJ1 system, but still 6 more month to go. Almost the same position as first 6 month of last year 2010 but the next 6 month my RJ1 perform superbly, hope same performance will happen again for next half for 2011.. hahahaha, but i got a tiny feeling it wont happen the same as last year.

*CPO using GT2 continue its crazy swinging up and down, up +1049 currently for 2011.

*My Small Account not moving right now, we'll see until year end. I modified a bit my swing trade using RJ1 and as for GT2 i'll only come back once my Small Account hit 80k above..

Good Trading to all..

My Small Account Monthly Update: May 2011

*losing in May 2011...

FKLI RJ1 Trade Update: 27 May 2011

*FKLI turn LONG 1546.5 for month of May.. a bad year currently for my FKLI trades..

GT2 Trade Update: 19 May 2011

*CPO GT2 lock in profit +118 points for July contract for LONG 3252 n SHOT 3370... hahaha and i dont have GT2 position.. 3 straight win now..

CPO RJ1 Trade Update: 16 May 2011

*CPO RJ1 rollover today, LONG 3241 for August contract..

CPO RJ1 Trade Update: 10 May 2011 (swing)

*CPO RJ1 swing trade turn SHOT 3265 for July contract today..

CPO GT2 update: 9 May 2011

*CPO GT2 i already stop trading it last Friday (6 May 2011) after a series of losses (6 losing trade in a row, -315 points).. as i mention in my blog almost 2 month ago that i'll stop trading GT2 if my losses almost 10k.. for the year its still strongly up but the recent swing is too much for myself and even Fred to accept it.. losing almost 10k (per lot trade) in less then 2 weeks is no joke, besides the stress. So i'll turn back to my bread & butter system RJ1 again (100%) with a combination of swing trade and positional trade.

*Will come back to GT2 system trade once my account grow bigger again.. i'll still continue to update my GT2 trade (just scroll down to bottom of my blog) to see it, but i wont trade it anymore.. hehe

FKLI RJ1 Trade Update: 6 May 2011

*FKLI for RJ1 turn SHOT 1504.. so far 2011 not a good year yet!! for my FKLI trades.. haiihh

CPO GT2 Trade Update: 5 May 2011

*CPO GT2 again whipping time, turn LONG 3277 today for July contract, exiting earlier SHOT 3243 for a cool damage -34 points (4 straight losses now, new record)... haiihhh!!! no more butterfly in stomach.. all smack down.. haaihhhh..

CPO GT2 Trade Update: 4 May 2011

*CPO GT2 turn SHOT 3243 for July contract, off-setting previous LONG 3320 >> damage -77 points.. ouchh

My Small Account Monthly Update: April 2011

*my small account stagnant for the moment.. haiihhh!!

CPO GT2 Trade Update: 28 April 2011

*CPO GT2 turn to LONG 3320.. signal very sensitive lately, the damage -30 points.. for RJ1 its 5 losses in a row, 2 more will match my record last year 7 losses in a row.. big move coming soon??

CPO GT2 & RJ1 Trade Update: 27 April 2011

*CPO GT2 turn SHOT 3290 for July contract to offset previous LONG 3334, the damage losing -44 points..

*CPO RJ1 also turn SHOT 3289 today for July contract to knockoff previous LONG 3331, for the fifth straight loss in row, damage -42 points.. DAMN!!

CPO GT2 Trade Update: 26 April 2011

*CPO GT2 turn LONG 3334 for July contract, locking in profit +21 points from yesterday SHOT 3355.. swing swing swing.. hahaha

CPO GT2 Trade Update: 25 April 2011

*CPO for GT2 i turn SHOT 3355 for July contract and locking in profit +102 points from my previous LONG 3253. For the record my GT2 system already up +920 points (1lot per trade only & no scalping at all) for 2011

*RJ1 for CPO and FKLI remain the same position still..

CPO RJ1 Trade Update: 20 April 2011

*CPO RJ1 turn LONG 3331 for July contract today (roll) and confirm another straight losses for June contract.. haihh!!

CPO GT2 Trade Update: 19 April 2011

*CPO for GT2 turn SHOT 3220 today but towards evening i'm force to LONG 3240 for intraday trade, the damage -40 points from 2lots.. and still holding previous LONG 3253..

CPO GT2 Trade Update: 18 April 2011

*CPO GT2 turn LONG 3253 for July contract and locking in profit for Jun +38 points..

*CPO RJ1 still holding SHOT 3300 for Jun contract..

*FKLI RJ1 holding LONG 1541..

CPO GT2 & RJ1 Trade Update: 14 April 2011

*CPO GT2 turn SHOT 3307 for June contract to offset yesterday LONG 3344, damage >> lose -37 points.

*CPO RJ1 also turn SHOT 3300 for June contract today losing -11 points from previous LONG 3311..

*FKLI using RJ1 still same position LONG 1541 for April month..

CPO GT2 Trade Update: 13 April 2011

*CPO GT2 i turn LONG 3344 for June contract today, locking in profit +81 points from SHOT 3425..

*CPO RJ1 survive the scare today and still maintain LONG 3311 for June contract..

*FKLI using RJ1 still holding same position LONG 1541..

CPO GT2 Trade Update: 11 April 2011

*CPO trade using GT2 i turn SHOT 3425 for June contract and at last manage to offset my previous LONG 3347 with profit +78 points..

*CPO RJ1 still holding same position for June contract LONG 3311..

*FKLI also the same still LONG 1541..

CPO GT2 Trade Update: 7 March 2011

*CPO GT2 trade i turn SHOT 3339 this morning for June contract, again to offset my previous LONG 3347 but towards evening the same as my last 3 trades my GT2 signal force me to turn LONG 3342 for intraday trade, the damage>> lose -6 points today.. sigh!!

*CPO RJ1 still same position holding LONG 3311 for June contract..

*FKLI using RJ1 also the same position LONG 1541..

CPO GT2 Trade Update: 5 April 2011

*CPO for GT2 i turn SHOT 3368.5 to offset my previous LONG 3350.. but towards evening my GT2 system ask me to turn LONG 3365 for intraday trade to profit +7 points..

*CPO for RJ1 still the same maintain June contract LONG 3311..

*FKLI using RJ1 also the same maintain April LONG 1541.

My Small Account Monthly Update: March 2011

CPO GT2 & FKLI RJ1 Trade Update: 31 March 2011

*CPO GT2 trades i turn SHOT 3302 this morning, suppose to offset my previous LONG 3347 but towards evening my GT2 signal force me to turn LONG 3343, DAMN!!.. losing -82 points from 2 lots intraday..

*CPO RJ1 still holding LONG 3311 June contract...

*FKLI using RJ1 i rollover today at LONG 1541 for April month..

CPO RJ1 Trade Update: 30 March 2011

*CPO for RJ1 i turn LONG 3311 for June contract losing only brokerage from previous SHOT at same price..

*CPO for GT2 still the same maintain my LONG 3347 for June contract..

*FKLI using RJ1 still holding LONG 1519.5 for March.. rolling in tomorrow..

FKLI RJ1 Trade Update: 29 March 2011

*FKLI using RJ1 after almost a month i turn LONG 1519.5 today, locking in losses -40 points from previous rollover SHOT 1479.5.. ouchh!!

*CPO RJ1 still maintain June contract SHOT 3311..

*CPO GT2 still the same LONG 3347 for June contract.. hmmmm

Small Account Statement: 24 March 2011

CPO GT2 Trade Update: 24 March 2011

*CPO GT2 trade i turn SHOT 3287 this morning for June contract but then my swing GT2 signal instruct me to turn LONG 3249 for intraday.. locking in profit +76 points profit for 2 lots, and the bad news is i still "kena" hold LONG 3347 from my previous entry. DAMN!!

*CPO RJ1 still the same holding SHOT 3311 for June contract..

*FKLI RJ1 still holding SHOT 1479.5.. die!!

CPO GT2 Trade Update: 23 March 2011

*CPO GT2 trades, i turn LONG 3347 for June contract, locking in +87 points profit from earlier SHOT 3434..

*CPO for RJ1 holding SHOT 3311 for June contract..

*FKLI using RJ1 still same position, holding SHOT 1479.5 for March..

CPO RJ1 Trade Update: 22 March 2011

*CPO using RJ1 i turn SHOT 3311 for June contract, taking in losses -103 points from previous LONG 3414.. DAMN!!

*CPO for GT2 trade still steady holding SHOT 3434 for June contract..

*FKLI using RJ1 still no change, SHOT 1479.5 for March..

CPO GT2 Trade Update: 21 March 2011

*CPO GT2 i turn SHOT 3434 today for June contract, locking in 74 points profit from previous LONG 3360...

*CPO for RJ1 still the same holding June contract LONG 3414..

*FKLI using RJ1 still holding SHOT 1479.5..

CPO RJ1 Trade Update: 18 March 2011

*CPO RJ1 signal i turn LONG 3414 for June contract and at the same time lock in profit +132 points for previous SHOT 3570 at BUY 3438 price for May contract..

*CPO for GT2 still the same maintain my LONG 3360 for June contract..

*FKLI with RJ1 still maintain SHOT 1479.5 ... hmmmm

CPO GT2 Trade Update: 15 March 2011

*CPO for GT2 trades i roll today to June contract LONG 3360 with a spread of 11 points.. locking in profit for May contract for +24 points.

*CPO for RJ1 trades still the same holding SHOT 3570 for May contract, no rollover yet!!

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

CPO GT2 Trade Update: 14 March 2011

*CPO for GT2 i turn LONG 3347 today for MAY contract, lock in +59 points profit from previous SHOT 3406..

*CPO for RJ1 still intact, maintain SHOT 3570 for MAY contract..

*FKLI using RJ1 still maintain SHOT 1479.5..

Malaysian Toilet True Story.. hahahaha

HUMOR TIME

Kenapa tandas berbayar keadaannya lebih MOTHERFUCKING SHIT dari tandas free? Bukankah tandas berbayar seharusnya lebih terjaga? Have you guys tried using the toilet inside Hentian Puduraya before? A few years ago before it was closed for renovation, I had an awesome urge to take a shit there ( I was picking up my sister). Went to the toilet, paid the 20 cents entrance fee and went to look for an empty stall. First one was clogged with solid shit encrusted inside the toilet bowl like dried Milo. The second one does not have a functioning flush. A brown floating turd bobbed on the surface of rancid yellow piss. The third one is just a little bit cleaner than the toilet from Trainspotting

I really need to take a shit but I lost the nafsu to berak then and there. Ran out while at the same time squeezing my sphincter all the way to the Nandos next to Puduraya. Went into the loo and I let it rip. It was still the best shit I ever had. It went out in one awesome explosion that would make the dudes on Jackass happy. You'll never know how awesome an invention a sitting toilet connected to a sewage system is until you are denied one at a very crucial shitting moment.

*MY FRIEND EMAIL TO ME THIS "LOL" STORY :))

Small Account Statement as 10 March 2011

*This is my latest account statement as of 10 March 2011 compared to my first statement i posted May 2010 from roughly about RM4k +/-

*Statement above before the big losses incurred on 11 March 2011 is the highest figure manage to hit from RM4k +/- as for now.

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..