*FCPO* Week 38 – 2024

This weekly chart shows a bullish candle. The MACD histogram forms the 22nd bar below zero. This week, the market closed at 3948.

 





MA9 crossed down MA16 on 17th September 2024, and the signal is confirmed. TKM v1.2 opened 6 Short entries on FCPO Dec24 contracts at Open Price, 3719, CutLoss 3800 and first Profit target 3600. The market rebound strongly after our entries. The CutLoss was hit on the next day, 18th September 2024, and we liquidated our entries with huge losses at 3800! This trade lost 486 points or RM12,150! The result page will be updated. Although there is a Long signal in the same week, we will not take it.

Order status: Short 6 contracts FCPO Dec24 3719, CutLoss 3800. This trade lost 486 points or RM12,150.

 

 

FCPO Weekly Chart (Week 38 – 2024)
FCPO Weekly Chart (Week 38 – 2024)

 

FCPO Daily Chart (Week 38 – 2024)
FCPO Daily Chart (Week 38 – 2024)

 




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