Tuesday, June 9, 2020

FCPO Trading – 9th June 2020

Previous Close
2348
Support 1
2310
Support 2
2210
Resistance 1
2445
Resistance 2
2525
Open
2332
Close
2388



At 15.00 (GMT + 8), upward trend hence long order was make on 15:00 although there might be a chance of price go down to WVAP.

FCPO August 2020
Order Place time : 15.00
Long
2420
Cut Loss
2410
Target Price
2440
Reward to Risk Ratio
2

No Trade

The price does not trigger and revised twice also does not trigger. My first instinct is to short the price back to WVAP however finally decided to long as it is shown a long trend and hoping it would reach the resistance level at 2445.

However it is a wrong decision, my first instinct is right.






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FCPO Trading – 15th June 2020

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