Thursday, 28 October 2010

28oct2010 - CPO price buy if 1130am at 3057 or higher

Hourly CPO Futures will turn buy if 1130am cpo price is 3057 or higher. Yesterday 3055 stop order may sometime help protect some profit but it is a double edged sword which mean you may miss a bigger trend. Therefore, stop order must be used wisely since trend is a function of time and need to be read accordingly to your own indicator.