The Hourly Indicator Y survey :

Thursday, 20 November 2014

Indicator Y Long 2259 - Sell If 6pm Below 2229

It will be the 4th losing trade in a row as what we always categorize them as multiple losing trades for the hourly indicator Y short term technical trend trading if cpo futures price is closed below 2229 at 6pm later today.

Again, without taking into consideration of any higher high or lower low and other unforeseen circumstances, the hourly indicator Y long 2259 will have to cut loss and turn selling once cpo futures price is closed at 2228 or lower at 6pm later today.

As mentioned earlier, the stop and reverse sell trade signal has been adjusted much higher than expected for the 6pm trade.

Indicator Y Long 2259 - Day 2 SAR At 5pm

Hitting low 2217 just now had created more pressure to the long position. However, it will not be enough to change the stop and reverse sell trade signal for 5pm trade, which mean, the hourly indicator Y long 2259 will still struggle with floating losses by holding on the long position and wait for 6pm signal. We will update again after 5pm in order to let readers traders to know one hour ahead to decide what will be the trade at 6pm.

Again, the hourly indicator Y will not cut loss turn sell at 5pm yet even though suffer big floating loss.

Assume that 5pm is lasted below 2222, the hourly indicator Y will cut loss turn sell if cpo futures price is closed below 2222 at 6pm which is adjusted much higher than expected because 5pm stop and reverse sell signal is very low and not available for readers traders yet.

Indicator Y Long 2259 - 4th Losing Trade?

Will it be the 4th losing trade? The hourly indicator Y long 2259 suffered another floating loss at yesterday close 2245 after hitting high 2270. It is also carrying on the painful losing long position at the close 1230pm today as high as 29 points of losses against the low 2220.

The hourly indicator Y long 2259 is still finding no stop and reverse sell trade signal at 4pm later today. However, if cpo futures price is kept trading low at 4pm, we may probably see the stop and reverse sell signal at 5pm. This is without taking into any consideration of unforeseen between 3pm and 5pm trade data collection.

Again, if cpo futures price is traded below 2211 at 4pm later today, watch up the important update that will be posted after 4pm because we may probably update the 5pm trade view and the stop and reverse sell trade signal.

Indicator Y Long 2259 - Day 2 On Trading View

Read back the previous post - "Indicator Y Before The Long 2133" - in the learning corner on the right column, or click HERE, readers traders should be able to find the hourly indicator Y trading performance in year 2014 ended September before we started writing and posting updates on the hourly indicator Y.

If readers traders read in details, do your simple calculation, you should be realize that the hourly indicator Y did well in first 8 months and incurred losses of 34 points in September. As we still prefer to look into the multiple losing trades, you should be able to find also the bright Yellow highlighted figures especially in the month of April where the multiple losing trades incurred 140 points of losses in total 5 losing trades. There was one profit trade 181 points in early April being carried forward from March and therefore helped the indicator Y remained profitable in April month. (We still not see the biggest losing month yet which did happen few years ago.)

Traders' wisdom - " Profit will automatically come to you once you can get through the fear of multiple losing trades.

After following updates from October, readers traders should keep reading back all the previous posts in order to pick up some trading ideas and do your own homework in order to start your own data collection, day after day, month after month, year after year, and then only talk about trading success in technical trend trading.

We will post the stop and reverse sell trade signal  one hour in advance once there is a clear signal; Otherwise, the long 2259 will be remained based on the hourly indicator Y trading guides.

Wednesday, 19 November 2014

Indicator Y Long 2259 - 1 Profit 3 Losing Trades

Firstly, we wish to thank readers traders participating in our survey, please pick your choice by clicking YES or NO for those who still hesitate, in making the survey a success. The survey will be ended this Friday.

The long 2259 based on the hourly indicator Y trading guides will hardly find its stop and reverse sell trade signals in next few trading sessions. Readers traders followed the updates since October should know it better.

The multiple losing trades had finally wipe out all the 117 points profit that the hourly indicator Y sold in the early of November. Coincidentally, the losing trades 24, 56 and 37 points in the last 3 trades  had the same figures of the 117 points in total 3 trades against the profit in 1 trade! Theoretically, they are break even, they are however not in real trading environment since there is a cost in trading and slippage of prices in rollover.    

Indicator Y Long 2259 - It Is The 3rd Losing Trade

After struggling for the last few trading sessions, the hourly indicator Y short 2222 finally cut loss 30 over points and turned long 2259 at 1130am just now which was traded much higher than the 1130am stop and reverse buy trade signal 2229 given in previous post according to the hourly indicator Y trading guides on short term technical trend trading.

We will start looking on the long 2259 from now onward as this is the 4th stop and reverse trade of this month. 1 profit and 3 losing trades.

Accumulated losses in 3 trades reached over 100 points and November's accumulated profits had substantially turned to be " losses " in the 4 stop and reverse trades.

Read back all the previous posts as this write-up is urgently published to mention the stop and reverse trade signal at 1130am and have no time to give the full details on time.

Indicator Y Short 2222 - Cut Loss Turn Long 1130am!

Without taking into any consideration of any unforeseen circumstances like higher high lower low, the hourly indicator Y short 2222 will have to cut loss and turn long if cpo futures price is lasted at 1130am above 2229. The 3rd active contract month was closed 2251 yesterday which is above 20 points higher than the 1130am stop and reverse buy trade signal.

As mentioned in previous post, the stop and reverse trade signal will be adjusted much lower than expected if cpo futures price was closed higher yesterday and readers traders therefore should realize now that the stop and reverse trade signal that not being given yesterday will suddenly have such a low stop and reverse trade signal.

Let's wait and see what will be the last traded price at 1130am today. Update will be available once the 1130am data is collected. At any price above 2229, the hourly indicator Y will face another losing trade - three losing trades in a row as specifically categorized as multiple losing trades in this CPO Futures blog.

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