Dear Friends & Associates,
It’s the beginning of the new Water Dragon Year and I would like to take this opportunity to share my observations and thoughts with you on the Palm Oil market.
Palm Oil markets have proven to be a trending market. If you can identify the trend correctly and trade the trend, financial success is more than guaranteed. Trend identification can benefit both hedgers and investors.
For example, in 2011, there were only a handful of distinct trends in the palm oil market as illustrated in the price chart below. Throughout the 12 months of 2011, we have 8 clear signals to either go long or short.
Timing your trades, i.e, your entry points and exits, are also crucial. Both successful trend analysis and timing can be mastered by anyone with the drive to succeed.
The current size of the BMD Crude Palm Oil Futures market is 3.25 million tons of Crude Palm Oil. A hundred ringgit move in either direction would mean that RM325 million (USD110 million) would be changing hands. Big Money in markets is made by trading the direction and duration as define by the trend.
The majority of palm oil traders (about 90%) based their trading decisions on fundamental news and analysis with more than 80% of them being wrong all the time. This is mainly due to the markets moving ahead of the news release or access. Trading markets based on technical analysis and trend identification is by far more successful.
At the upcoming Palm Oil Master Trader Tutorials (schedule as shown below), we shall show you how to trade the market successfully, how to develop a trading edge and how to enjoy 80% winning trades!
PALM OIL MASTER TRADER TUTORIALS: Q1 SCHEDULE
• Medan on 20 & 21 February 2012 (Monday & Tuesday)
• Jakarta on 23 & 24 February, 2012 (Thursday & Friday)
• Kuala Lumpur on 8 & 9 March 2012 (Thursday & Friday)
For your convenience, the Kuala Lumpur tutorial will be held immediately after the POC2012 Conference.
Register within the next 3 days to continue to enjoy Early Bird rates.
WISHING YOU SUCCESS IN 2012!
(Chief Coach-Palm Oil Master Trader Tutorials)