Monday, June 1, 2020

FCPO Trading – 1st June 2020

Previous Close
2292
Support 1
2187
Support 2
1939
Resistance 1
2445
Resistance 2
2580
Open
2310
Close
2285


From the above chart, trend at 15.00 (GMT + 8), half and hour after open of afternoon session is upward trend. Order today at 15.30

FCPO August 2020
Order Place time : 15.30
Long
2345
Cut Loss
2335
Target Price
2375
Reward to Risk Ratio
3

No Trade


The order was made because it is upward trend before 15.00. There is a sign of downward trend at the pivot level 2336 had been miss when the order is made. At 16.15 there is an attempt to reduce the entry price to 2337 which is a big mistake. Luckily the price did not meet the revised entry price and no trade had been done. Order cancel at 17.15.

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FCPO Trading – 15th June 2020

Previous Close 2371 Support 1 2315 Support 2 2240 Resistance 1 ...