MKLAND STRATEGY BUY

M K Land Holdings Berhad is a Malaysia-based company engaged in investment holding and the provision of management services. The Company, through its subsidiaries operates in four segments: property development and related activities, which include the development of residential and commercial properties and the maintenance of properties; leisure, which includes the operation of hotels, golf course, resorts and a water theme park; educational, which includes the provision of educational services, and others, which include the investment in subsidiaries and property investment. It has 23 subsidiaries, including BML Management Sdn. Bhd., Bukit Merah Resort Sdn. Bhd., Dominant Star Sdn. Bhd., M K Development Sdn. Bhd., Prominent Valley Berhad, Saujana Triangle Sdn. Bhd. and Paramount Innovation Sdn. Bhd., among others.

 

 

MKLAND 8893

8-10 August Will spike till 0.415

If momentum continue it will fly high more.

Still on my view it will pullback to 0.355 +- area on 10-12 September 2012 b4 fly again .. Thanks By TC @ http://tokancorner.com/

Stock: [THPLANT]: THPLANT (5112)

Stock: [THPLANT]: THPLANT (5112)

 

Click On The Picture For A Better View

 

TH Plantations Berhad (THP) is an investment holding company. The Company has two segments: oil palm plantations and management services. Oil palm plantations includes in cultivation of oil palm, processing of fresh fruit bunches (FFB), marketing of crude palm oil (CPO), palm kernel (PK). Management services include provision of management services. The Management services segment also provides services to a related company in Indonesia. During the year ended December 31, 2010, the Company produced 463,949 metric tons of FFB. As of December 31, 2010, the Company had 37,484 hectares oil palm plantation area, of which 22,541 hectares were mature and 14,943 hectares were immature. The Company's subsidiaries include THP Ibok Sdn. Bhd., THP Gemas Sdn. Bhd., THP-YT Plantation Sdn. Bhd. and THP Sabaco Sdn. Bhd.

 

How to buy stock ?

Well this is the common questions among people that never trade stocks.  If you are a local Malaysian, age 21 years old  above and have extra money to invest. You might consider to invest your extra money into stock for long term investment. ~ Tokan Corner

To be a trader ?

Find out more about yourself and find out what type of trader that suit with you. Was it a position trader or swing trader or a day trader. You know yourself 100 %, pick the right type. ~ Tokan Corner

Where to invest ?

For me they can be on Bursa Malaysia Stocks Market or Bursa Malaysia Derivatives .  ~ Tokan Corner

Stocks to buy / sell  ?

Another commons thing for a retail traders out there especially for   “ Newbie  ” trader that  lack in  finding a good stock and lack in executions on “ When to buy”  and  “ When to sell ” . And retails and punters always buys on rumors  and sell on news and based on my experience when I’m a noob in stocks market ( with little experience ) I’m playing “ Contra “ on hoping to gain more profits  yet the result is a vise versa. My money got burned and buried alive . L

P/S = Learn more on Technical Analysis and Fundamental  Analysis for more “Profitable Trade” ~ Tokan Corner

 

“ This week all counter all are related to Palm Oil Because I’m Trading Crude Palm Oil (CPO) Futures”

Tokan corner  views  is  for investor only (not suitable for punter)

 

Bursa Stock : THPLANT (5112) ( Buy KAU KAU On DIP )

 

Why ????

 

Observation From Stocks Price Chart :

 

THPLANT (5112)

 

a) Share Prices : Major Trend still in selling uptrend channel trendline and has retraced 61.8% based on fibo.

b) Current THPLANT 5112 stock price is at fibo 61.8 % and lowerline of the channel

c)  If the trendline broken our cushion area ( support ) is at  1.860 +-

 

Tokan Corner Suggestion :

 

“Stocks for swing trader” ,

 

” Buy On Dip For Investor”

 

“Buy At Support @ fibo 61.8% & lower line with risk management”

 

Where To Buy This Stock Again ??

 

Here is some price options to think off :

1. =/> 2.24 - 2.30 +- ( Fibo 61.8% + Lower Line Of Channel )

2. =/> 1.860 +- ( When the trendline broken)

3.=/> 1.170+- ( Buy On Dip )

 

Remember to do risk management criteria ok ( 2% / 3% / 5% ) Suit yourself

 

P/s : By the way pls share this link on facebook if you appreciate my works here ^_^ Thanks

Visit at my main site @ http://tokancorner.com/

 

 

Stock: [TDM]: TDM BHD 2054

Stock: [TDM]: TDM BHD 2054

 

Click On The Picture For A Better View

 

TDM Berhad is an investment holding company. The Company is engaged in the provision of management services and cultivation of oil palms. The Company operates ion four segments: Plantation division involved in a few activities, such as cultivation of oil palms, sales of fresh fruit bunches and management of plantation operation services; Food division involved in activities, such as integrated poultry farming, and processing of related products; Health division provide health consultancy and operates with specialist medical centers, and Others division, dormant companies. The Company manages 12 oil palm estates with a total planted area of 33,284 hectares in Malaysia, and another 2,000 hectares in Kalimantan, Indonesia. On August 30, 2010, the Company completed the liquidation processes of TMG (M) Sdn. Bhd., East Coast Transportation Sdn. Bhd., Chee Keng Stocks-Feeds Manufacturing Company Sdn. Bhd., TDM Interdagang (M) Sdn. Bhd. and Pemco Sdn. Bhd.

 

How to buy stock ? 

Well this is the common questions among people that never trade stocks.  If you are a local Malaysian, age 21 years old  above and have extra money to invest. You might consider to invest your extra money into stock for long term investment. ~ Tokan Corner

To be a trader ?

Find out more about yourself and find out what type of trader that suit with you. Was it a position trader or swing trader or a day trader. You know yourself 100 %, pick the right type. ~ Tokan Corner

Where to invest ?

For me they can be on Bursa Malaysia Stocks Market or Bursa Malaysia Derivatives .  ~ Tokan Corner

Stocks to buy / sell  ?

Another commons thing for a retail traders out there especially for   “ Newbie  ” trader that  lack in  finding a good stock and lack in executions on “ When to buy”  and  “ When to sell ” . And retails and punters always buys on rumors  and sell on news and based on my experience when I’m a noob in stocks market ( with little experience ) I’m playing “ Contra “ on hoping to gain more profits  yet the result is a vise versa. My money got burned and buried alive . L

P/S = Learn more on Technical Analysis and Fundamental  Analysis for more “Profitable Trade” ~ Tokan Corner

 

“ This week all counter all are related to Palm Oil Because I’m Trading Crude Palm Oil (CPO) Futures”

Tokan corner  views  is  for investor only (not suitable for punter)

 

Bursa Stock : TDM 2054 ( Buy KAU KAU On DIP )

 

Why ????

 

Observation From Stocks Price Chart :

 

TDM 2054

 

a) Share Prices : Major Trend still in selling signal and in downward mode.

b) It  previous Hi price on this share is at 5.050 and failed to past above 5.050 ( @5.010  2^ND attempt)

c) Based on channel  trendline the share price of TDM 2054 has broken and  gap at the trendline thus making panic selling began. It cool off a bit at fibo 161.8% but that does’t  can keep the BEAR in check.

d) Based on triangle and fibo projected our next support is at 3.60 – 3.80 +- range area

e) Gap support is at 3.20 – 3.40 +- ( posibility of a technical rebounce)

f) Solid support is at 2.60 – 2.95 +- range area

 

Tokan Corner Suggestion :

 

“Stocks for investment” ,

 

” Buy On Dip”

 

“Sell On Strength While You Can Before It Crack”

 

“ Be Ready To Snatch It On Dip”

 

“Timing Timing Timing “

 

Where To Buy This Stock Again ??

 

Here is some price options to think off :

1. =/> 3.60 – 3.80 +-

2. =/> 3.20 – 3.40 +- ( posibility of a technical rebounce)

3.=/> at 2.60 – 2.95 +- ( Solid )

 

Remember to do risk management criteria ok ( 2% / 3% / 5% ) Suit yourself

 

P/s : By the way pls share this link on facebook if you appreciate my works here ^_^ Thanks

Visit my main site @ http://tokancorner.com/

 

Stock: ~CEPAT~: CEPATWAWASAN GROUP BHD 8982

Stock: ~CEPAT~: CEPATWAWASAN GROUP BHD 8982

 

MHC Plantations Bhd is engaged in oil palm cultivation, investment holding and the operation of a hotel. The Company through its subsidiaries is engaged in cultivation of oil palm and sale of fresh fruit bunches, investment holding and property development. It operates Anson Hotel, which is a seven-storey hotel, located in the town of Teluk Intan. The Company's subsidiaries include Champion Point Sdn Bhd, Majuperak Plantation Sdn Bhd, Yew Lee Holdings Sdn Berhad, Anson Oil Industries Berhad, Ayu Gemilang Sdn Bhd, Telok Anson Hotel Sdn Berhad, Bisikan Gemilang Sdn Bhd, Sharikat Muzwin Bersaudara Sdn Bhd, Hutan Melintang Plantations Sdn Berhad and Majuperak Sawit Sdn Bhd. On 29 September 2010, the Company acquired the Bisikan Gemilang Sdn. Bhd. (BGSB).

 

From tokancorner view for investor only (not suitable for punter)

 

This week all counter all are related to Palm Oil Because I'm Trading Crude Palm Oil (CPO) Futures 

 

Bursa Stock : CEPAT 8982 ( Run For Ur Life Now / Buy On Dip )

 

Why ????

 

Observation From Chart:

 

CEPAT 8982

 

a) Major Trend still in bullish mode

 

b) It has breakdown from the channel ! And Now Lurking At Fibo 50% @ 1.00

 

c) Wisely Trade On Support Area on 76.2 % Fibo to 100 % range ( 0.780 - 0.880 )

 

d) Based on previous low trendline is projected at Fibo 76.2% area.

 

 

Suggestion :

 

" Sell On Strenght " For those who hold this stock

 

"Buy On Support Area And Keep A Small Risk"

 

" Buy On Dip "

 

Where To Buy This Stock Again ??

 

Here is some price options to think off :

 

1. =/> 0.780 - 0.880 

 

Remember to do risk management criteria ok ( 2% / 3% / 5% ) Suit yourself

 

Read more on my main site @ http://bit.ly/Km9iB4

 

P/s : By the way pls share this link on facebook if you appreciate my works here ^_^ Thanks

 

Click The Picture For A Better View

Stock: ~MHC~: MHC PLANTATIONS BHD 5026

Stock: ~MHC~: MHC PLANTATIONS BHD 5026

 

MHC Plantations Bhd is engaged in oil palm cultivation, investment holding and the operation of a hotel. The Company through its subsidiaries is engaged in cultivation of oil palm and sale of fresh fruit bunches, investment holding and property development. It operates Anson Hotel, which is a seven-storey hotel, located in the town of Teluk Intan. The Company's subsidiaries include Champion Point Sdn Bhd, Majuperak Plantation Sdn Bhd, Yew Lee Holdings Sdn Berhad, Anson Oil Industries Berhad, Ayu Gemilang Sdn Bhd, Telok Anson Hotel Sdn Berhad, Bisikan Gemilang Sdn Bhd, Sharikat Muzwin Bersaudara Sdn Bhd, Hutan Melintang Plantations Sdn Berhad and Majuperak Sawit Sdn Bhd. On 29 September 2010, the Company acquired the Bisikan Gemilang Sdn. Bhd. (BGSB).

 

From tokancorner view for investor only (not suitable for punter)

 

This week all counter all are related to Palm Oil Because I'm Trading Crude Palm Oil (CPO) Futures 

 

Bursa Stock : MHC 5026 ( Buy Now @ Support Area CL Below It Or Buy On Dip )

 

Why ????

 

Observation From Chart:

 

MHC 5026

 

a) Major Trend still in bullish mode

 

b) It has breakout from the channel ! And Now Lurking At Support Area On Previous Gap.

 

c) Wisely Trade On Support Area And Be Ready To Cut Loss Below It ( Keep The Risk Small )

 

d) If the Support Area Broken Estimated Area To Buy On Dip Is At 1.330 -1.240

 

 

Suggestion :

 

"Buy On Support Area And Keep A Small Risk"

 

" Buy On Dip "

 

Where To Buy This Stock Again ??

 

Here is some price options to think off :

 

1. =/> 1.60 - 1.68 +-

2. =/> 1.330 -1.240 +- ( Best Price )

 

 

Remember to do risk management criteria ok ( 2% / 3% / 5% ) Suit yourself

 

Read more on my main site @ http://bit.ly/LOoW3x

P/s : By the way pls share this link on facebook if you appreciate my works here ^_^ Thanks

 

Click The Picture For A Better View

Stock: ~GOPENG~: GOPENG BHD 2135

Stock: ~GOPENG~: GOPENG BHD 2135

 

Gopeng Berhad is a Malaysia-based engaged in the cultivation of oil palm, investment holding and property development. The Company operates in four segments: property development, which is engaged in the development of residential and commercial properties; plantation, which is engaged in the cultivation of oil palm; manufacturing, which is engaged in the manufacturing of cement, clinker and investment holding, and others, which is engaged in the maintenance and management of water treatment plants and dormant companies. As of December 31, 2009, the Company's subsidiaries were Gopeng Granite And Marble Sdn Bhd, Gopeng Land & Properties Sdn Bhd, Gopeng Precision And Engineering Sdn Bhd, Gopeng Resources Sdn Bhd, Gopeng Technologies Systems Sdn Bhd, Grooved Secretaries Limited and Mambang Di-Awan Sendirian Berhad. On October 12, 2009, Tanah Lantas Sdn. Bhd., a subsidiary of the Company, had been wound-up.

 

From tokancorner view for investor only (not suitable for punter)

 

This week all counter all are related to Palm Oil Because I'm Trading Crude Palm Oil (CPO) Futures

 

Bursa Stock : GOPENG 2135 ( Buy On Retracement N Hold It )

 

Why ????

 

Observation From Chart:

 

GOPENG 2135

 

a) Major Trend still in bullish mode

 

b) It has breakout from the symmetrical triangle ! Ride it guy ^_^

 

c) Based on weekly data it still in the beginning on new dynamic "BUY SIGNAL"

 

 

Suggestion :

 

"Buy On Retracement And Hold It Huat Huat "

 

Where To Buy This Stock Again ??

 

Here is some price options to think off :

 

1. =/> 0.770 +- ( So So )

2. =/> 0.720 +- ( Best Price )

3.=/> 0.650 +- ( Safe )

 

Remember to do risk management criteria ok ( 2% / 3% / 5% ) Suit yourself

 

TP @ 0.960 ( Can PT Some Holding At This LvL and Lets The Rest Position Trying to Overtake 0.960 Price )

 

P/s : By the way pls share it on facebook if you appreciate my works here ^_^ Thanks

 

Click The Picture For A Better View

 

 

 

 

Read More At My Main Site : http://bit.ly/KinkV4

Crude Palm Oil (CPO) Futures Review 29052012

Qoute on picking bottoms and tops

�  "Don't bottom fish" - Peter Lynch.

�  "Don't try to buy at the bottom or sell at the top" - Bernard Baruch

�  "Maybe the trend is your friend for a few minutes in Chicago, but for the most part it is rarely a way to get rich" - Jim Rogers.

�  "I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms." - Paul Tudor Jones.

----------------------------------------------------------------------------------------------
CPO BOX TRADER

 

3036 become a critical pivot area…  here a retrace / where to short area and support / where to PT ( Profits Taking Area )

 

Shorting Area for a Retracement if market fail to breakthrough 3036

 

3262 – 3332 – 3401

 

Long Area / Profit Taking Zone if market manage to breakthrough from 3036 factor

 

2670 – 2444 –  2217  – 2078

———————————————————————————————-

Day Trade

~ Tokan Corner recipe

 

Support

 

3122    3107    3091    3075    3059    3044

 

Resistance

 

3166    3181    3197    3213    3229    3244

———————————————————————————————-

Last Tips find the similiarity between Day trade Tips and Box Traders tips to find best ” Entry “.

P/s : By the way pls share it on facebook if you appreciate my works here ^_^ Thanks

JCY 5161 Update

From tokancorner view for investor only (not suitable for punter)

Bursa Stock : JCY 5161 ( Buy On Dip )

Why ????

Observation From Chart:

JCY 5161

a) Major Trend still in bullish mode

b) Now it testing the trend line (need to be above 1.340 to start rebounced)

c) it price laying around fibo 72.6% - 61.8% area

Suggestion :

Wait..wait..wait ( For Timing ) Buy On Dip

Start collecting at

1. =/> 1.230-1.260 + ( Normal ) ( Beware Below 1.230)
2. =/> 1.062 +

Remember to do risk management criteria ok ( 2% / 3% / 5% ) Suit yourself
 
TP ; at 1.500 or above

 

Crude Palm Oil (CPO) Futures Review 28052012

<<<<<< KISS  It If You Like My Signal ^_^ ( Show me your support )

 

(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)(^_^)

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Entry plan for breakout trades:

 

· Use the first few hours’ range for a breakout trade

 

· Pre-publications and criteria will be for a narrow range

market that has been consolidating for at least five trading

days

 

· Let the market breakout of its first hour’s range and look

to buy a bull flag on a one-minute chart

 

· Should the market trade back and test support of a high of

first hour range this would be a good time to buy

 

· The exit will be just under the support of the first hour

range. 

 

Shorts are reversed. Profits will be taken for more

than x points on 50% of position, and move stops up to

breakeven. Look for continuation patterns for pivots to

adjust stops and seek to exit into recent resistances or

higher timeframes’ EMAs.

 

Every plan must include the exit parameters for all market

conditions, and how to respond when the market moves for or

against the positions. Table 3 shows a list of several exit strategies

and parameters.

---------------------------------------------------------------------------------------------------------------------------------------------

CPO BOX TRADER

 

3036 become a critical pivot area…  here a retrace / where to short area and support / where to PT ( Profits Taking Area )

 

Shorting Area for a Retracement if market fail to breakthrough 3036

 

3262 – 3332 – 3401

 

Long Area / Profit Taking Zone if market manage to breakthrough from 3036 factor

 

2670 – 2444 –  2217  – 2078

----------------------------------------------------------------------------------------------

Day Trade

 

 

~ Tokan Corner recipe

 

Support

 

3108 3093 3077 3061 3046 3030

 

Resistance

 

3152 3167 3183 3199 3214 3230

----------------------------------------------------------------------------------------------

Last Tips find the similiarity between Day trade Tips and Box Traders tips to find best " Entry ".

P/s : By the way pls share it on facebook if you appreciate my works here ^_^ Thanks

Crude Palm Oil (CPO) Futures Review 25052012

---> Mistakes of Trading ...

 

 

1. Lack of a Game Plan.

2. Lack of Money Management.

3. Failure to Use Protective Stop/Loss Orders.

4. Taking SMALL PROFITS and Letting Your LOSSES RUN ... away train.

5. Overstaying YOUR POSITION.

6. Averaging a LOSS.

7. Meeting MARGIN CALLS.

8. Increasing YOUR COMMITMENT with Success.

9. Overtrading YOUR ACCOUNT.

10. FAILURE to REMOVE PROFITS form YOUR account.

11. Changing YOUR Strategy during MARKET HOURS.

12. Lack of PATIENCE.

 

Summarize from Mr Don

 

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CPO BOX TRADER

 

3036 become a critical pivot area…  here a retrace / where to short area and support / where to PT ( Profits Taking Area )

 

Shorting Area for a Retracement if market fail to breakthrough 3036

 

3262 – 3332 – 3401

 

Long Area / Profit Taking Zone if market manage to breakthrough from 3036 factor

 

2670 – 2444 –  2217  – 2078

 

 

--------------------------------------------------------------------------------------------------------------------------------------------

 

Day Trade

 

~ TC recipe

 

Support

 

3048 3032 3017 3002 2986

 

 

Resistance

 

3090 3106 3121 3136 3152

 

 

Read my previous post >> 

http://tokancorner.com/2012/05/bursa-malaysia-fcpo-cpo-futures-trading-signal...

FTSE Bursa Malaysia KLCI Futures (FKLI) Review On 24052012

On money management "Qoute"

�  "My basic advise is don't lose money" - Jim Rogers.

�  "I'm more concerned about controlling the downside. Learn to take the losses. The most important thing about making money is not to let your losses get out of hand." - Marty Schwartz.

�  "I'm always thinking about losing money as opposed to making money. Don't focus on making money, focus on protecting what you have" - Paul Tudor Jones.

�  "Rule number one of investing is never lose money. Rule number two is never forget rule number 1" - Warren Buffet. 

� "Never risk more than 1% of your total equity in any one trade. By risking 1%, I am indifferent to any individual trade. Keeping your risk small and constant is absolutely critical." Larry Hite.
---------------------------------------------------------------------------------------------------------------------------
Updated : FKLI Day Trade

Support

1520    1512    1505    1497

Resistance

1541    1549    1556    1564

EOD 1530.5

 

CPO Check On This Link >> http://tokancorner.com/2012/05/bursa-malaysia-fcpo-cpo-futures-trading-signal...

Crude Palm Oil (CPO) Futures Review 24052012

"Vitally important for a young man or woman is, first, to realize the value of education and then to cultivate earnestly, aggressively, ceaselessly, the habit of self-education."

BC Forbes

--------------------------------------------------------------------------------------------------------------------------------

"The man who does not work for the love of work but only for money is not likely to make money nor find much fun in life."

Charles Schwab

---------------------------------------------------------------------------------------------------------------------------------
CPO BOX TRADER

3036 become a critical pivot area…  here a retrace / where to short area and support / where to PT ( Profits Taking Area )

Shorting Area for a Retracement if market fail to breakthrough 3036

3262 – 3332 – 3401

Long Area / Profit Taking Zone if market manage to breakthrough from 3036 factor

2670 - 2444 –  2217  - 2078

-----------------------------------------------------------------------------------------------------------------------------------
Day Trade

~ TC recipe

Support

2998    2983    2968    2953

Resistance

3040    3055    3070    3085    3100
-----------------------------------------------------------------------------------------------------------------------------------
~ TC Swing

Posible retrace for today 24052012 for Endas Area

1.3024
2.3034
3.3044

Chart Refer This Link >>> http://tokancorner.com/2012/05/bursa-malaysia-fcpo-cpo-futures-trading-signal...

Crude Palm Oil (CPO) Futures Price Updated 23052012

"When I'm bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don’t buy long stocks on a scale down, I buy on a scale up."

Jesse Livermore

----------------------------------------------------------------------------------------------------------------------------------

"It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction. "

Warren Buffet

 

------------------------------------------------------------------------------------------------------------------------------------

 

SHort Short Short Area for 2nd session

1.3073
2.3080
3.3088 ( Solid )

PT Target  For Bear Gang:

1.3010
2.2986
3.2961
4.2947

 

Reminder Please Dont Forget Ur Safety Belt ( Stop Loss ) Ok ^_^

CPO FUTURES Review For 22052012 ( FCPO ) BY TOKAN CORNER

KUALA LUMPUR (Dow Jones)–Crude palm oil futures on Malaysia’s derivatives exchange ended slightly higher Monday due to a combination of short covering, stronger export demand and pro-growth comments from the Chinese prime minister.

The benchmark August contract on the Bursa Malaysia Derivatives ended 0.1% higher at MYR3,098 a metric ton, dipping into the red in the last 30 minutes of trade after spending most of the session in positive territory and gaining as much as 1.2%.

Prices are oversold and due for a rebound after a two-week selloff but the euro-zone debt crisis will continue to limit the upside, traders said.

July soyoil on the Chicago Board of Trade was up 0.7% at 50.68 cents a pound as trade on the BMD ended.

Malaysia’s May 1-20 palm oil exports rose modestly, due to higher shipments to India and China, according to estimates by cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd.

Shipments rose 3.1% from the same period a month earlier to 865,570 tons, SGS said Monday. Intertek said Saturday that exports rose 2.1% to 862,337 tons.

“Palm oil’s fundamentals have not changed–exports are modestly up amid tight supply…the market is due for a rebound after heavy losses last week,” a trading executive in Jakarta said.

“Still, there is plenty of uncertainty about the euro zone so any further upside is likely to be capped at MYR3,300/ton.”

Palm oil prices have fallen more than 11% over the past five weeks, due to signs that China’s economy is slowing sharply and fears that Greece might leave the euro zone.

A weaker dollar versus the euro also supported palm oil prices Monday. Dollar-denominated commodities become cheaper to holders of other currencies when the greenback weakens. Widely sold refined, bleached and deodorized palm olein is priced in dollars.

In the cash market, refined palm olein for July/August/September shipment was traded from $1,027.50/ton to $1,035/ton, October/November/December at $1,020/ton, a physical market broker in Singapore said.

Cash CPO for prompt shipment was offered unchanged at MYR3,120/ton.

Open interest on the BMD was 115,044 lots, versus 117,072 lots Friday. One lot is equivalent to 25 tons.

<<< Lazy to Update New Chart Bcoz the Range still the same :p >>>

CPO DAY TRADE SnR

Resistance

3119 3135 3150 3166

Support

3077 3061 3046 3030

 

 

CPO BOX TRADER

3036 become a critical pivot area...  here a retrace / where to short area and support / where to PT ( Profits Taking Area )

Shorting Area for a Retracement if market fail to breakthrough 3036

3262 - 3332 - 3401

Long Area / Profit Taking Zone if market manage to breakthrough from 3036 factor

2670 - 2444 -  2217  - 2078

CPO FUTURES Review For 21052012 ( FCPO ) BY TOKAN CORNER

KUALA LUMPUR (Dow Jones)–Crude palm oil futures on Malaysia’s derivatives exchange ended steady Friday after tumbling to their lowest levels since early February, as investor confidence took a hit in the aftermath of Moody’s downgrades of 16 Spanish banks and weak U.S. manufacturing data.

Palm oil recovered on modest bargain hunting on the back of tight global vegetable oil supplies due to production deficits in soybean-growing areas of South America and weak production growth in Southeast Asia.

The benchmark August contract on the Bursa Malaysia Derivatives ended MYR1 higher at MYR3,096 a metric ton after tumbling as much as 2% to MYR3,034/ton.

July soyoil on the Chicago Board of Trade was last trading 0.8% lower at 50.32 cents a pound by the end of trade on the BMD.

“Soyoil futures didn’t fall sharply despite weakness and nervousness in the broader markets,” said Chandran Sinnasamy, head of trading at LT International Futures (M) Sdn. Bhd.

“Muted declines in soyoil led to some buying interest in the palm oil market, as people now anticipate a possible correction after this week’s tumble,” Sinnasamy said.

Palm oil prices have fallen more than 11% over the last five weeks, mostly due to worries about Europe amid political and economic uncertainty in Greece.

While export demand may see a modest rise during the May 1-20 period, technical cues still look bearish, a technical analyst in Kuala Lumpur said, tipping next week’s range for the BMD CPO benchmark at MYR3,020-MYR3,150/ton.

In the cash market, refined palm olein for July/August/September shipment was offered at $1,022.50/ton while cash CPO for prompt shipment was offered MYR40 lower at MYR3,120/ton.

Open interest on the BMD was 117,072 lots, versus 120,462 lots Thursday. One lot is equivalent to 25 tons.

 Previous Chat >>> See the "BOX"

<<<<<< Daytrade SnR >>>>>>>>

Support

3075 3059 3044 3028 3013

Resistance

3117 3133 3148 3164 3179

EOD :
 3096 ( AUG )

 

Previous post >>> http://tokancorner.com/2012/05/bursa-malaysia-fcpo-cpo-futures-trading-signal-reversal-bullish-bearish/fcpo-crude-palm-oil-price-review-for-07052012/ 

 

Darvas The Trend Trading Legend And CPO Review For 11052012

 Hello guys... u guys mus be thinking what types of box that im using on my previous chart is'nt ? Well here is a snap of introduction :

"Hungarian by birth, Nicolas Darvas trained as an economist at the University of Budapest. Reluctant to remain in Hungary until either the Nazis or the Soviets took over, he fled at the age of 23 with a forged exit visa and fifty pounds sterling to stave off hunger in Istanbul, Turkey. During his off hours as a dancer, he read some 200 books on the market and the great speculators, spending as much as eight hours a day studying.Darvas ploughed his money into a couple of stocks that had been hitting their 52-week high. He was utterly surprised that the stocks continued to rise and subsequently sold them to make a large profit. His main source of stock selection was Barron's Magazine. At the age of 39, after accumulating his fortune, Darvas documented his techniques in the book, How I Made 2,000,000 in the Stock Market. The book describes his unique "Box System", which he used to buy and sell stocks. Darvas' book remains a classic stock market text to this day."

"Before emigrating to America, Darvas studied economics at the University of Budapest. Arriving in the US in 1951, Darvas trained with his half-sister, Julia, to be a ballroom dancer, becoming extremely succesful and touring the world by 1956. He discovered investing in 1952, when a Toronto nightclub, unable to pay him in cash, instead paid him with shares. It was on a two-year tour of the world that he initially developed his 'Darvas Box' method of screening stocks - a method of picking stocks based on the stock's price and volume - and later went on to refine this to remove any human element from his trading to susbtantial success. Nicolas Darvas is regarded as one of the best traders in the history of the market and his method, whilst complicated and difficult to master, has been rigorously tested and has been found to be one of the best trading systems yet developed."

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TMW SnR

July Contract

EOD : 3449

Support Area To watch

3426 3409 3391 3374

Resistance Area To Watch

3472 3489 3507 3524

 

 

August Contract

EOD ; 3440

Support Area To watch

3417 3400 3382 3365

Resistance Area To Watch

3463 3480 3498 3515

Check The Box On Daily Chart Here >>> http://tokancorner.com/2012/05/bursa-malaysia-fcpo-cpo-futures-trading-signal...

 

Cpo Review For 09052012 (FCPO)

KUALA LUMPUR (Dow Jones)–Crude palm oil futures on Malaysia’s derivatives exchange gave up gains made earlier Tuesday as investors locked in profits amid euro-zone debt worries, although losses were limited by supportive fundamentals.

 

The benchmark July contract on Bursa Malaysia Derivatives ended 0.3% lower at MYR3,351 metric ton after trading in a narrow MYR3,351-MYR3,388/ton range.

July soyoil on the Chicago Board of Trade was trading 0.5% higher at 53.87 cents a pound by the end of trade on BMD.

 

“Resurgent concerns over the euro zone pressured BMD CPO lower, even though fundamentals remain supportive,” a broker at a Singapore-based brokerage firm said. “Prices weren’t able to rise past MYR3,390/ton due to weak follow-through buying, which spurred investors to reduce riskier bets,” he added.

 

For the time being, market focus is on April crop data by industry regulator the Malaysian Palm Oil Board and May 1-10 export estimates by independent cargo surveyors that are due Thursday, trading executives said.

 

Palm oil prices are up 4% so far this year, and analysts said prices may push higher in the coming weeks, as demand for the tropical oil may rise on production deficits in major soybean growing areas in South America, limiting availability of the oilseed for crushing into meal and rival soyoil.

 

“Exports are likely to be higher, thanks to Indian demand and recovering palm oil demand from Europe’s biodiesel industry,” a cooking oil exporter in Johor said.

 

In the cash market, refined palm olein for July/August/September was traded at $1,125/ton, while October/November/December was traded from $1,115-$1,120/ton, free-on-board Malaysian ports, a Singapore-based physical market broker said.

 

Cash CPO for prompt shipment was offered MYR10 higher at MYR3,380/ton.

 

Open interest on the BMD was 124,696 lots, versus 125,434 lots Monday. One lot is equivalent to 25 tons.

 

A total of 32,797 lots of CPO were traded versus 23,092 lots Monday.

 

Support Area To Watch

3328 3311 3295 3278

 

Resistance Area To Watch

3374 3391 3407 3424

EOD Price : 3351

Box area are still the same >>> check it out >>> http://tokancorner.com/2012/05/bursa-malaysia-fcpo-cpo-futures-trading-signal...

 

CPO FUTURES Review For 08052012 ( FCPO )

SINGAPORE (Dow Jones)–Crude palm oil futures on Malaysia’s derivatives exchange mostly rose Monday after erasing early losses. Traders shifted their focus from bearish external cues, including election results in France and Greece Sunday that may signal changing fiscal priorities in Europe as well as disappointing U.S. jobs data Friday, to palm oil market fundamentals, which are more bullish.

 

In France, President Nicolas Sarkozy lost to Socialist candidate, Francois Hollande, who has resolved free his countrymen from the burdens of austerity, while in Greece uncertainty looms over who will form the government and how the new caretakers might depart from an austerity program that had been brokered by European Union peers.

 

“The negative sentiment came from equity markets reflecting European election news, but people are now focusing on vegoil fundamentals,” a Kuala Lumpur-based trading executive said.

 

The benchmark July contract on Bursa Malaysia Derivatives ended MYR2 higher at MYR3,360 a metric ton after hitting an eight-week low of MYR3,311/ton in morning trade.

 

In the U.S., a Labor Department report showed nonfarm payrolls rose 115,000 in April, well off the 168,000 estimate forecast by economists surveyed by Dow Jones Newswires.

 

CPO prices will likely be underpinned by supply risks to the South American soybean crop and declining palm oil inventories, a second Kuala Lumpur-based trading executive said, tipping immediate resistance at MYR3,390/ton.

 

Malaysia’s end-April palm oil stocks likely slipped 3%-7% from a month earlier to the lowest level in eight months, as export demand growth appears to have outpaced production, some traders and analysts said Monday, projecting end-April inventories at 1.83 million-1.90 million tons.

 

The Malaysian Palm Oil Board is scheduled to release Malaysia’s April palm oil stocks, exports and output data Thursday. Any deviation from market expectations will likely impact CPO prices.

 

May 1-10 Malaysian palm oil export estimates from cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. are also due Thursday and will provide further demand cues.

 

In the cash market, refined palm olein for July/August/September was traded at $1,115-1,120/ton while October/November/December was traded at $1,102.50-1,105/ton, free-on-board Malaysian ports, a Singapore-based physical market broker said.

 

Cash CPO for prompt shipment was offered MYR30 lower at MYR3,370/ton.

 

Open interest on the BMD was 125,434 lots, versus 128,166 lots Friday. One lot is equivalent to 25 tons.

 

A total of 23,092 lots of CPO were traded versus 31,440 lots Friday.

 

Resistance Area To Watch : 

3400 3416 3433 3450

 

Support Area To Watch :

3337 3320 3304 3287

 

Seems the price will rebounce from the lower floor. Just watchout for the highligted price ( Bigger font 00- 50 )

P/S still in red box territory beware ok

CPO FUTURES Review For 08052012 ( FCPO )

SINGAPORE (Dow Jones)–Crude palm oil futures on Malaysia’s derivatives exchange mostly rose Monday after erasing early losses. Traders shifted their focus from bearish external cues, including election results in France and Greece Sunday that may signal changing fiscal priorities in Europe as well as disappointing U.S. jobs data Friday, to palm oil market fundamentals, which are more bullish.

 

In France, President Nicolas Sarkozy lost to Socialist candidate, Francois Hollande, who has resolved free his countrymen from the burdens of austerity, while in Greece uncertainty looms over who will form the government and how the new caretakers might depart from an austerity program that had been brokered by European Union peers.

 

“The negative sentiment came from equity markets reflecting European election news, but people are now focusing on vegoil fundamentals,” a Kuala Lumpur-based trading executive said.

 

The benchmark July contract on Bursa Malaysia Derivatives ended MYR2 higher at MYR3,360 a metric ton after hitting an eight-week low of MYR3,311/ton in morning trade.

 

In the U.S., a Labor Department report showed nonfarm payrolls rose 115,000 in April, well off the 168,000 estimate forecast by economists surveyed by Dow Jones Newswires.

 

CPO prices will likely be underpinned by supply risks to the South American soybean crop and declining palm oil inventories, a second Kuala Lumpur-based trading executive said, tipping immediate resistance at MYR3,390/ton.

 

Malaysia’s end-April palm oil stocks likely slipped 3%-7% from a month earlier to the lowest level in eight months, as export demand growth appears to have outpaced production, some traders and analysts said Monday, projecting end-April inventories at 1.83 million-1.90 million tons.

 

The Malaysian Palm Oil Board is scheduled to release Malaysia’s April palm oil stocks, exports and output data Thursday. Any deviation from market expectations will likely impact CPO prices.

 

May 1-10 Malaysian palm oil export estimates from cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. are also due Thursday and will provide further demand cues.

 

In the cash market, refined palm olein for July/August/September was traded at $1,115-1,120/ton while October/November/December was traded at $1,102.50-1,105/ton, free-on-board Malaysian ports, a Singapore-based physical market broker said.

 

Cash CPO for prompt shipment was offered MYR30 lower at MYR3,370/ton.

 

Open interest on the BMD was 125,434 lots, versus 128,166 lots Friday. One lot is equivalent to 25 tons.

 

A total of 23,092 lots of CPO were traded versus 31,440 lots Friday.

 

Resistance Area To Watch : 

3400 3416 3433 3450

 

Support Area To Watch :

3337 3320 3304 3287

 

Seems the price will rebounce from the lower floor. Just watchout for the highligted price ( Bigger font 00- 50 )

P/S still in red box territory beware ok

FCPO Crude Palm Oil Price Review For 07052012

KUALA LUMPUR (Dow Jones)–Crude palm oil futures on Malaysia’s derivatives exchange fell for a fourth consecutive day and touched a six-week low Friday as disappointing economic data this week generated worries about global economic growth.

Most market participants refrained from making aggressive bets ahead of a slew of data due to be released next week.

The benchmark July contract on Bursa Malaysia Derivatives ended 0.6% lower at MYR3,358 a metric ton after climbing into positive territory midday due to short covering. It hit a low of MYR3,335/ton, the lowest since March 22, in afternoon trade.

“There’s no change to CPO’s fundamentals,” a broker in Singapore said. “Trade was a tad choppy today as traders squared off positions while awaiting Malaysia April crop supply and stock data next week.”

Improving Malaysian export demand and tight global supplies of vegetable oils helped limit the downside. “The disruption of supply due to erratic weather could tighten the global stock-to-usage ratio to 8.2% from 8.6% last year, and boost global vegoil prices,” an analyst at a Kuala Lumpur-based bank said.

Exporters tip outbound palm oil shipments to rise further in May due to higher demand from India, China and Europe. April exports rose around 9%-10% to around 1.35 million tons, according to estimates by cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd.

Both surveyors are scheduled to issue May 1-10 shipment data next week. Industry regulator Malaysian Palm Oil Board is due to issue April output data May 10.

In the cash market, refined palm olein for June was traded at $1,147.50/ton, free on board Malaysian ports, a Singapore-based physical market broker said.

Cash CPO for prompt shipment was offered MYR10 lower at MYR3,400/ton.

Open interest on the BMD was 128,166 lots, versus 128,633 lots Thursday. One lot is equivalent to 25 tons.

A total of 31,440 lots of CPO were traded versus 33,591 lots Thursday.

 

Here is my chart on CPO price >> 

 Pls be alert on the red box floor... if it broken then there will be on more selling phase and also please be alert if any rebound happen when it hit the floor ^_^ ~ by tokan corner view 

Wijaya 4022 Bursa Malaysia Stock ( Buy )

Wijaya Baru Global Berhad (WBGB) is a Malaysia-based company engaged in investment holding the provision of management services. The Company, through its subsidiaries, operates in five segments: timber, investment holding, property development, medical center and others. Its timber concession is in the District of Kapit, Sarawak. In addition, the Company operates Wijaya International Medical Centre (WIMC), a boutique medical center located in Petaling Jaya, which provides outpatient diagnostic screening and treatment for cancer patients. Its subsidiaries are Usama Industries Sdn. Bhd., ., Venture Credit Sdn. Bhd., Wijaya International Medical Centre Sdn. Bhd., Wijaya Baru Food Industries Sdn. Bhd., Wijaya Baru Manufacturing (Overseas) Sdn. Bhd. and Chongqing Liangshan Wijaya Food Limited. Operations are carried out in Malaysia and People's Republic of China.

 

3 $$$

FCPO Review For 25042012 ( Crude Palm Oil )

KUALA LUMPUR (Dow Jones)–Crude palm oil futures on Malaysia’s derivatives exchange ended off lows Tuesday, supported by expectations that demand may improve in coming weeks amid soyoil production deficits.

Failed budget talks that resulted in the collapse of the Dutch government stoked fresh fears about Europe’s political problems, leading to a brief selloff in regional equities and commodities in early trade.

The benchmark July contract on the Bursa Malaysia Derivatives exchange ended 0.3% lower at MYR3,463 a metric ton, after tumbling as much as 0.8% to MYR3,448/ton.
May soyoil on the Chicago Board of Trade was 0.4% higher at 55.32 cents a pound as of the end of trade on the BMD.

In afternoon trade, the market shrugged off fears over global economic growth to focus on talk that April 1-25 export demand may recover with a modest 3% drop in outbound sales of 1.37 million tons, compared with a 5% fall during the April 1-20 period.

“We think the market will trade within narrow ranges in the next few days even though export demand appears to be on the mend. Market sentiment remains cautious due to disappointing economic data in Europe and political uncertainties in the region,” a trading executive in Jakarta said, tipping the market to move in a MYR3,430-MYR3,510/ton range in coming sessions.
Cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. are expected to issue April 1-25 palm oil export estimates Wednesday.

The tropical oil also received a boost from tighter global vegoil supplies, as limited availability of soyoil could shift demand to cheaper palm oil, analysts said.
In the cash market, refined palm olein for May was offered at $1,160/ton while cash CPO for prompt shipment was offered at MYR3,480/ton.

Open interest on the BMD was 122,096 lots, versus 122,092 lots Monday. One lot is equivalent to 25 tons.
A total of 17,378 lots of CPO were traded versus 26,203 lots Monday.

Support Watch This Area :

3440    3422    3405     3388

Resistance Watch This Area :

3486    3504    3521    3538

 

Still No Major Signal On Daily... Just A Retracement... So Ready For So Moolah :D