CPO Futures Buy 3442 at 5pm

CPO Futures hourly indicator cut loss and turn buy at 3442 at 5pm. It will cut loss and turn sell if 6pm close 3429 or lower, based on high 3458.

CPO Futures Buy if 5pm 3431 or higher

CPO Futures hourly indicator will cut loss and turn buy if 5pm at 3431 or higher, based on high 3458.

SGS Palm Oil Export 1.57m MT for November

SGS gave a better palm oil export data than Intertek which came out late in the morning today. SGS palm oil export for November is 19% higher compared to October data. CPO Futures hourly indicator will cut loss and turn buy if 4pm at 3405 or higher.

Good Trades Bad Trades

The CPO Futures hourly indicator did many good rounds of profits in last few trades...so, be more careful now as the next few trades may be incurred some losses.

CPO Futures Sell 3363 at 1130am

CPO Futures hourly indicator take profit 161 ticks and turn sell 3363 at 1130am. This is the best accumulated profit of the month for this year with total 281 ticks so far. CPO Futures hourly indicator will cut loss and turn buy if 1230pm close at 3401 or higher.

CPO Futures High 3414 or 3402 ?

Today, CPO Futures hit another 2 types of prices on high at the opening - 3414 based on chart system and 3402 based on quotes on the screen. However, I will base on 3414 as the high price since it was traded as a spread against 3438 in January contract at the opening. This similar incident happened last week also, click this link CPO Futures Low 3179 or 3229 ?

Intertek Palm Oil Export 1.5m MT

Intertek palm oil export for November just only being released at 1.5m MT or up 12%.

CPO Futures Sell if 1130am 3357 or lower

CPO Futures hourly indicator will take profit and turn sell if 1130am at 3357 or lower, based on high 3390. Eye on palm oil export today.

CPO Futures Sell if 6pm 3347 or lower

CPO Futures hourly indicator will take profit and turn sell if 6pm close at 3347 or lower, based on high 3390.

CPO Futures Sell if 5pm 3317 or lower

CPO Futures hourly indicator will turn sell if 5pm at 3317 or lower, based on high 3375. News on production lower by 10% and good export may fundamentally support crude palm oil futures price well on Bursa Malaysia Derivatives.

CPO Futures Sell if 4pm 3279 or lower

CPO Futures hourly indicator will remain buy unless 4pm at 3279 or lower, based on high 3344. The hourly indicator sell signal price is getting higher may have shown that it will soon take profit and turn sell.

CPO Futures Sell if 1230pm 3262 or lower

CPO Futures hourly indicator will sell if 3262 or lower, based on high 3337.

CPO Futures Sell if 1130am 3214 or lower

CPO Futures hourly indicator will cut loss and turn sell if 1130am at 3214 or lower.

CPO Futures Sell if 6pm 3202 or lower

CPO Futures hourly indicator will sell if 6pm at 3202 or lower.

CPO Futures Sell if 5pm 3186 or lower

CPO Futures hourly indicator will turn sell signal if 5pm at 3186 or lower.

CPO Futures Sell if 1230pm 3150 or lower

CPO Futures hourly indicator will remain holding buy unless 1230pm at 3150 or lower.

CPO Futures Sell if 1130am 3150 or lower

CPO Futures hourly indicator will turn sell signal only if 1130am at 3150 or lower.

SGS Palm Oil Export 1.36m MT for Nov 1-25

Cargo surveyor, SGS, gave a 25% rise on palm oil export data at 1.36m vs 1.16m MT last month. CPO Futures hourly indicator will remain its turning sell signal at very low price, that is, sell if 6pm at 3150 or lower.

CPO Futures Low 3179 or 3229?

CPO Futures was traded with 2 different prices of Low, one at 3179 based on charting system and one at 3229 based on the quotes on the screen. According to a dealer with the feedback from Bursa, the 3179 in February contract was traded against 3210 in January contract as a spread of 31 points which was not reflected on the screen. These, however, have no impact on the hourly indicator. CPO hourly indicator will only sell if 4pm at 3145 or lower which is still very low. Therefore, 4pm and 5pm will seem to be hard for the indicator to turn sell signal.

Intertek palm oil export 1.32m MT for Nov 1-25

The cargo surveyor reported 19% higher in palm oil export at 1.32m vs 1.11m MT for last month.

CPO Futures Sell if 1130am 3167 or lower

CPO Futures hourly indicator will turn sell signal if 1130am at 3167 or lower. Since there was a sell stop order being triggered at 3177, there may be no choice to have some positions being cut loss at stop loss level and balance positions will be waiting until the hourly indicator turns sell signal.

CPO Futures Sell if 6pm 3160 or lower

CPO Futures hourly indicator hit sell stop 3177. The hourly indicator will sell if 6pm at 3160 or lower.

CPO Futures Buy 3202 at 4pm

CPO Futures hourly indicator take profit and turn buy at 3202 at 4pm. It will sell if 5pm 3155 or lower. Judging on the last few good trades, cpo hourly indicator may risk some losses. Thus, sell stop at 3177 should be placed to protect from further losses.

CPO Futures Buy if 4pm 3176 or higher

CPO Futures hourly indicator will turn buy if 4pm at 3176 or higher.

CPO Futures Buy if 1230pm 3190 or higher

CPO Futures hourly indicator will take profit and turn buy if 1230pm at 3190 or higher.

CPO Futures Buy if 1130am 3227 or higher

CPO Futures hourly indicator will remain holding sell position unless cpo futures price at 3227 or higher at 1130am today, which the buy signal is still very high but is getting lower.

FBM KLCI and FKLI Profit Target

Referring to 28 Oct blog post, FBM KLCI Sell on rally based on daily chart and Lesson - Trend is a function of time, profit taking can now be initiated at every 0.50% level lower against daily closing price for FKLI short position.

CPO Futures Buy if 6pm 3236 or higher

CPO Futures hourly indicator will take profit and turn buy if 6pm at 3236 or higher, based on the low 3103.

CPO Futures Profit Targets Hit at 3135 and 3115

CPO Futures hourly indicator hit its 120 and 140 ticks profit target at 3135 and 3115. The hourly indicator will only turn buying if 5pm at 3266 or higher, which is remaining high.

CPO Futures Buy if 4pm 3260 or higher

CPO Futures hourly indicator will turn buy signal if 4pm at 3260 or higher. If 3215 is penetrated, traders can cover the balance of short positions to protect the good profit.

CPO Futures Buy if 1230pm 3280 or higher

CPO Futures hourly indicator will only buy if 1230pm at 3280 or higher which is remaining at high level.

CPO Futures Profit Targets hit 3173

CPO Futures profit targets at 3195 and 3175 will be considered hit at 3173 at the opening and the next 3155 target also hit which mean the hourly indicator had a 100 ticks of profit target again.

CPO Futures Profit Targets 3195 and lower

CPO Futures hourly indicator will remain its sell at 3255 at 1130am today since the turning buy signal will remain at very high level which is more than 100 ticks from the closing price of 3184. Target profits level start again from 3195, 3175 and every 20 ticks lower.

CPO Futures Profit Taking Level

CPO Futures hourly indicator will remain sell signal unless 6pm close 3310 or higher. Profit target starts 3215, 3195 and every 20 ticks lower from now if risk reward strategy is taken into action.

CPO Futures Buy if 5pm 3302 or higher

CPO Futures hourly indicator will only cut loss and turn buy if 5pm at 3302 or higher.

SGS Palm Oil Export 1.1m MT

Palm oil export for the first 20 days of November is 1.10m MT given by SGS cargo surveyor as compared 945k MT last month.

CPO Futures Sell 3255 at 1230pm

CPO Futures hourly indicator sell 3255 at 1230pm with a profit of 21 ticks if there is no risk reward strategy being taken. CPO Futures hourly indicator will cut loss and turn buy if 4pm 3292 or higher.

CPO Futures Sell if 1230pm 3261 or lower

CPO Futures for hourly indicator will remain holding its buy at 3234 unless 1230pm close 3261 or lower. CPO hourly indicator sell signal had been adjusted higher from 3222 to 3261 for 1230pm, which mean the hourly indicator may turn sell signal in near future if the cpo futures price is still hanging around below 3300.

Intertek palm oil export 1.05m MT

Palm oil exports first 20 days of November is 1.05m MT given by Intertek Agri Services, at 12% higher compare 945k MT in October.

CPO Futures Sell if 1130am 3222 or lower

CPO hourly indicator will only sell if 1130am at 3222 or lower, which is still over 100 ticks lower from the last closing price. If follow risk reward ratio, the profit taking strategy at 3314, 3334 and 3354 helped to pocket some good profit since cbot's soybean oil futures drop drastically on Friday.

CPO Futures profit target hit 3354 in afternoon session

As cpo futures price pushed up at the opening of afternoon session from the morning low and hit another profit target price at 3354, the target profit taking price had hit 3 levels at 3325 at 1030am open, 3334 and 3354 for today. This indirectly helps to maximise profit and/or protect some handsome gain with the risk reward ratio.

CPO Price will remain Buy for Afternoon Session

Hourly cpo indicator will mostly remain buy for afternoon session since its turning sell signal is still at very low price.

19nov2010 - Basic Conversion for Soybean Oil Futures and Crude Palm Oil Futures

Articles to share :
Click the link - Basic Conversion for Soybean Oil Futures and Crude Palm Oil Futures

19nov2010 - CPO will remain buy at 3234

Hourly cpo will only turn sell if 1230pm 3180 or lower, which is 100 ticks lower from 3280 now.

19nov2010 - CPO profit target 3314 hit 3325 at opening

Hourly cpo indicator had a better profit taking for 3314 at 3325 where cpo price opened at 1030am. Cpo price also hit its second profit target at 3334 just after the cpo futures market open.

19nov2010 - CPO profit target hit 3314 and higher

Hourly cpo futures will start its profit taking target from 3314, 3334, 3354 and every 20 ticks higher. As turning sell level is more than 100 ticks below from the last close of 3318, therefore, hourly cpo indicator will be difficult to turn sell at 1130am today.

18nov2010 - CPO No profit target for the 1st hour after turning Buy.

Hourly cpo indicator seldom set its target profit after turning buy/sell signal in the first hour. However, to protect profit, hourly target may start set at 3334 which is quite high already if it really can reach.

18nov2010 - CPO buy 3234 at 5pm

Hourly cpo futures sell if 6pm close 3178 or lower.

18nov2010 - CPO buy if 5pm 3203 or higher

Hourly cpo futures will take profit and turn buy if 5pm at 3203 or higher. Now cpo price is at 3223.

18nov2010 - CPO buy if 4pm 3245

Hourly cpo futures will take profit and turn buy if 4pm at 3245 or higher.

18nov2010 - CPO profit target hit 3129

Hourly cpo maximise its profit to 3129 which is 170 ticks even though those earlier targets being hit much higher.  Hourly cpo indicator will only turn buying if 1230pm at 3280 or higher that is 100 over ticks away from the last traded cpo price of 3153 at 1130am. Thus, at 1230pm, indicator will remain selling.

18nov2010 - CPO profit targets hit 3190.

First 3 profit targets of 3249, 3229 and 3209 hit at 3190 as a better profit. Next profits 3189, 3169 and 3149 hit after opening sell down of cpo prices. 3129 will be the 170 ticks profit next profit target which is hard to reach in first hour trading of cpo futures.

18nov2010 - CPO profit target start 3249.

Hourly cpo futures target profit will be started at 3249, 3229, 3209 and every 20 ticks lower. As Dalian and CBOT commodities dropped drastically, the target price like 3249 may be getting a better price at the opening of crude palm oil futures trading on Bursa Malaysia Derivatives.

17nov2010 - Bursa Malaysia Berhad CEO's Speech at CIOC Opening Ceremony

At CHINA INTERNATIONAL OILS & OILSEEDS CONFERENCE (CIOC) 2010, Bursa Malaysia Berhad CEO Dato' Yusli Mohamed Yusoff's speech can be read through the link in Dalian Commodity Exchange official website

17nov2010 - Aidiladha Greeting To All my Muslims Readers

As Malaysian, I wish to extend my warmest greetings to all my Muslims readers in Malaysia and around the world - Selamat Hari Raya Haji and A Blissful Aidiladha - The Feast of The Sacrifice.

16nov2010 - CPO Sell 3299 at 4pm

Hourly cpo futures will remain sell at 3299 unless 6pm close 3364 or higher.

16nov2010 - CPO Sell at 4pm 3299

Hourly cpo futures buy if 5pm 3361 or higher. This month accumulated profit had been turned to losses. Refer next page.

16nov2010 - CPO Sell if 4pm 3330 or lower

Hourly cpo futures indicator will cut loss and turn sell if 4pm at 3330 or lower. Selling targets for profit will remain at 3395 and every 20 ticks higher.

16nov2010 - CPO Sell if 1230pm 3324 or lower

Hourly cpo futures will only turn sell if 1230pm at 3324 or lower. Target profit taking will now be set at 3395 and every 20 ticks higher until 3455 for today.

16nov2010 - CPO Sell if 1130am 3329 or lower ( February contract )

Hourly cpo futures turned buy 3370 (January contract) at 6pm close yesterday. Due to change of month for 3rd contract month, hourly cpo indicator will based on February contract now. Therefore, technically, the position now long in February contract at 3375 even though it will not be shown in the indicator.

15nov2010 - CPO Buy if 6pm 3346 or higher

Hourly cpo futures indicator buy if 6pm close 3346 or higher. Finally, the indicator will soon show a turning buy signal after adjusting its buying price from above 3400 to 3346 since this morning.

15nov2010 - CPO Buy if 4pm 3362 or higher

Hourly cpo futures will take profit and turn buy if 5pm at 3362 or higher. The turn buy signal getting lower.

15nov2010 - CPO Buy if 4pm 3384 or higher

Hourly cpo futures turn buy signal if 4pm at 3384 or higher. SGS palm oil exports nov1-15 is 778k MT.

15nov2010 - CPO Buy if ONLY 1130am 3403

Hourly cpo futures will remain hold selling 3396 unless 1130am cpo price hit at 3403 or higher. Since most of the targets profit already hit, now balance position if you still have may hold until hourly cpo indicator turn buy. Intertek nov1-15 palm oil exports at 747k MT which is 27% higher compare last month.

12nov2010 - CPO Buy if 6pm 3435 or higher

Hourly cpo futures indicator will remain sell signal unless 6pm cpo close 3435 or higher. As world commodities selling across the board, it will be very hard to turn buy signal at 6pm.

12nov2010 - CPO profit targets 3276 and lower

Hourly cpo futures will remain hold sell 3396 and target profit taking at 3276 and lower may be hit due to Dalian and ecbot commodities prices broad-based selling down.

12nov2010 - CPO profit targets 3316 and 3296 hit

Hourly cpo futures another 2 profit targets hit at 3316 and 3296 except the last 3276 which missed by 1 tick for the first hour of cpo futures trading in Bursa Malaysia Derivatives. Based on hourly cpo indicator, 1230pm will remain sell signal. These profit targets are basically helping the hourly indicator to maximise profit.

12nov2010 - CPO profit targets 3356 and 3336 hit at opening at 3333

Hourly cpo futures get a better profit for its early targets at 3356 and 3336 which was hit at 3333 at the opening of cpo futures at Bursa Malaysia Derivatives. Next targets will be 3316, 3296 and 3276 for the morning session.

12nov2010 - CPO profit target will start 3356, 3336, 3316

Hourly cpo indicator turned sell signal at 3396 at 6pm yesterday. Target profit taking will start at 3356 and every 20 ticks lower with last target at 3276 or 120 ticks the most for the first hour of trading of crude palm oil futures in Bursa Malaysia Derivatives today. Hourly cpo indicator will only buy if 1130am at 3449 or higher.

11nov2010 - CPO Sell at 6pm at 3395

11nov2010 - CPO Sell if 6pm at 3432 or lower, based on high 3452

11nov2010 - CPO Sell if 4pm at 3422 or lower

11nov2010 - CPO hit profit target 3433

Hourly cpo futures hit its 40 ticks first profit target and missed by 1 tick on its second profit target of 3453. Hourly cpo indicator extended its overbought zone and may see 3473 if buyers keep aggressively pushing the seller out. Hourly cpo indicator sell if 4pm only go 3412 or lower, based on high 3452.

11nov2010 - CPO profit target will start 3433

Hourly cpo target profit will now start from 3433, 3453 and 3473 since the cpo prices did hit until 3440. Hourly cpo indicator will turn sell if 1230pm 3402 or lower, based on the high 3440.

11nov2010 - CPO Buy 3393 at 6pm yesterday

Hourly cpo futures turned buy at 3393 at yesterday close. Hourly cpo indicator sell if 1130am 3373 or lower today, based on the high 3410.

10nov2010 - Articles To Share: Technical Vs Fundamental Trading In Futures

Articles being published in Ezine Articles: Technical Vs Fundamental Trading In Futures

10nov2010 - CPO Buy if 6pm 3378 or higher

Hourly cpo futures will cut loss and turn buy if 6pm close 3378 or higher.

10nov2010 - CPO Buy if 5pm 3379 or higher

Hourly cpo futures indicator will cut loss turn buy if 5pm at 3379 or higher.

10nov2010 - SGS palm oil export 387k MT for Nov1-10

Palm oil export for the first 10 of November is 387k MT released by SGS, cargo surveyor, vs 391k MT given by Intertek this morning.

10nov2010 - CPO Sell 3347 at 1230pm. MPOB Figures out today.

Hourly cpo futures take profit turn sell at 3347 at 1230pm. Hourly cpo futures buy if 4pm 3385 or higher. MPOB figures for October is as follows:

                                         October     September    Change
                                                    
Crude Palm Oil Output     1,636,560     1,562,912    Up  4.7%
Palm Oil Exports              1,460,241     1,469,005    Dn  0.6%
Palm Oil Imports                   70,295          85,526    Dn 27.0%
Closing Stocks                 1,792,840     1,709,913    Up  4.9%

Stocks is below expectation of 1.85mil to 1.9mil MT.                        

10nov2010 - CPO sell if 1230pm 3369 or lower. Nov1-10 palm oil export 391k MT.

Hourly cpo sell if 1230pm 3369 or lower. Intertek put palm oil export for the first 10 days of November at 391k MT which is lower compare last month.

10nov2010 - CPO Target Profit 3384 and 3404 hit at 3410 at Opening

Hourly cpo futures target profit 3384 and 3404 should be all done at better price at 3410 if the order was placed in before cpo futures market opened. Today MPOB figures will be out and the stock figures will be up high.

10nov2010 - CPO Target Profit start at 3384, 3404, 3424 and 3444 for today

Hourly cpo futures will have another good round of profit target start from 3384 onwards. As from previous few trades, hourly cpo indicator will have a good accumulated profit for this November month. Hourly cpo futures will only turn sell signal if 1130am hit 20 to 30 points below the new high which will only know after cpo futures market starts trading.

09nov2010 - CPO Sell if 6pm 3303 or lower

Hourly cpo futures will remain buy at 3324 unless cpo price close 3303 or lower at 6pm.

09nov2010 - CPO Buy 3324 at 1230pm

Hourly cpo futures cut loss and turn buy at 3324 at 1230pm. Hourly cpo futures sell if 4pm 3306 or lower.

09nov2010 - CPO will remain Sell at 3305

Hourly cpo futures buy if 1230pm 3319 or higher.

09nov2010 - CPO will remain Sell at 3305

Hourly cpo futures will remain sell unless 1130am cpo price hit 3340. Target profit taking to buy back starts at 3265, 3245, 3225 and 3205.

08nov2010 - CPO Buy if 6pm 3336 or higher

Hourly cpo futures will remain its sell at 3305 unless 6pm close 3336 or higher for crude palm oil futures price.

08nov2010 - CPO Sell 3305 at 4pm

Hourly cpo futures sell 3305 at 4pm with a profit of 159 ticks. This trade has turned the losses of October to become a profit of 65 ticks. Hourly cpo indicator will cut loss turn buy if 5pm 3326 or higher.

08nov2010 - CPO Sell if 4pm 3311 or lower

Hourly cpo indicator will take profit and turn sell if 4pm at 3311 or lower, based on the high 3348.

08nov2010 - CPO Sell if 1230pm 3313 or lower

Hourly cpo futures will turn sell signal if 1230pm at 3313 or lower, based on high 3148. Hourly cpo indicator hit 200 ticks profit target at 3346.

08nov2010 - Maximise CPO Target Profits

According to target profit taking based on the Hourly CPO Indicator, 3226, 3246, 3266 and 3286 will all be done at 3296 at the opening trade for cpo futures in Bursa Malaysia Derivatives. 3306 and 3326 was done after opening. Target 3346 will be the 200 ticks of profit target which have broken the highest range of risk and reward ratio for this year if it is hit.

08nov2010 - CPO Target Profits

As CBOT and Dalian commodities prices is up significantly and will affect the prices of crude palm oil futures in Bursa Malaysia Derivatives. However, the basic of technical trading will not change its targets much and will stick to its profit taking targets according to its risk and reward ratio.

08nov2010 - CPO Target Profit start at 3226, 3246, 3266 for today

Hourly cpo futures will set its profit targets starting from 80 ticks from its buying price at 3146. Thus, the target price is 3226 and every 20 ticks higher will be the next profit targets which at 3246, 3266 and 3286 that may be the highest for this single round of trade. Hourly cpo indicator will turn sell based on the high being created for   today. Hourly cpo indicator will turn sell if, at 1130am, cpo price is (nearly) 25 ticks lower from the new high in the first hour of trading for crude palm oil futures in Bursa Malaysia Derivatives.

05nov2010 - Happy Diwali Wishes

Wishing all Hindu readers a Happy Deepavali or Happy Diwali day. Let's celebrate the victory of good over evil in this festival of lights.

04nov2010 - CPO Sell if 6pm at 3165 or lower.

Hourly cpo futures will remain hold buying at 3146 unless 6pm close at 3165 or lower for crude palm oil futures price on Bursa Malaysia Derivatives. The sell signal will be adjusted accordingly higher if there is a new high being created which is higher than 3188.

04nov2010 - CPO Sell if 4pm at 3164 or lower.

Hourly cpo futures will turn sell if 4pm at 3164 or lower. Target profit will be remain at 3206 and 3226 today unless hourly indicator turn sell signal.

04nov2010 - CPO Target Profit - 3206 and 3226 for today

Hourly cpo futures turned buy signal at 3146 at 1230pm in morning trading session in Bursa Malaysia Derivatives today. Target profit take is at 3206 and 3226 for today. If based on high 3188, hourly cpo futures will turn sell if 4pm 3157 or lower.

04nov2010 - CPO Buy at 3146 at 1130am

Hourly cpo futures cut loss and turn buy at 3146 at 1130am with accumulated loss of 94 ticks so far for October. Based on high 3147, cpo hourly indicator will cut loss turn sell if 1230pm 3126 or lower.

04nov2010 - CPO Sell at 6pm at 3087

Hourly cpo futures turned sell at 3087 at 6pm yesterday's close. Hourly indicator will cut loss and turn buy if 1130am at 3101 or above.The hourly indicator has accumulated a loss of 35 ticks since beginning of this October month.

03nov2010 - CPO Buy at 3097 at 5pm

Hourly cpo futures indicator turned buy at 5pm at 3097, However, it will turn sell if 6pm at 3096 or lower. Such a narrow range can affect indicator will be considered that the hourly cpo futures  is forming a momentum to build a trend that go either side every soon. Any sell down below 3077 will create a downtrend and above 3107 will be an uptrend. 

03nov2010 - CPO Sell at 4pm at 3095

Hourly cpo futures cut loss turn sell at 3095 at 4pm. The hourly indicator will turn buy again if 3097 or higher at 5pm. Crude palm oil futures seems in a range trading for hourly indicator but if this sell signal is right, target can go down to 3065 or even lower. Breaking a level at 3077 will confirm its target. However, if cpo price go above 3097 at 5pm again, trading plan will be changed again. So far, hourly indicator has accumulated losses of 23 ticks.

03nov2010 - CPO Buy 3103 at 1230pm

Hourly cpo futures cut loss and turn buy at 1230pm at 3103. The cpo hourly indicator has buy signal at 3103 now unless 4pm cpo price hit 3095 and below. Judging on the closing price now near to the high, crude palm oil futures price has gained back the bullish signal again with targets 3123 and 3143.

03nov2010 - CPO Futures remain sell 3093 unless 1230pm 3099 or above

Hourly cpo futures remains its sell signal at 3093 unless 1230pm at 3099 or above for crude palm oil 3rd contract month price, January contract.

03nov2010 - CPO Futures seems gaining momentum to sell down

Hourly crude palm oil futures indicator is showing a sign of possibility of selling down after hitting twice to the high. Since cut loss point is at 3100 or above at 1130am, in such a "calculated risk", risk reward is good for selling with first profit target 3063.

03nov2010 - CPO Buy if 1130am 3100 or above

Hourly cpo futures will cut loss and turn buy signal if 1130am at 3100 or higher.

02nov2010 - CPO Sell at 5pm at 3093

Hourly CPO take profit turn sell at 3093 at 5pm, refer page Cpo Hourly Indicator. Hourly CPO Futures will cut loss and turn buy if 6pm at 3097 or higher which is only 4 ticks away from the selling signal.

02nov2010 - CPO almost Sell at 4pm (3084 or lower)

Hourly CPO futures at 4pm is 3085 which is ONE point away off the sell signal price ( 3084 or lower ). Hourly CPO  futures will turn sell if 5pm at 3094 or lower which mean the chances of turning sell at 5pm is very high now.

02nov2010 - CPO Sell if 4pm 3084 or lower

Hourly CPO futures broke 3100 with 20 ticks of gross profit based on the buy signal at 3080. Hourly CPO indicator extended it overbought zone with target 3120 and 3140 as the maximum price it can go. Hourly CPO indicator will turn to sell signal again if 4pm at 3084 or lower, based on the high of 3106. Any new high created will affect the turning sell signal at 4pm.  

02nov2010 - Articles To Share: CPO Futures Involves Calculated Risk

Articles being published in Ezine Articles: Crude Palm Oil Futures Involves Calculated Risk

02nov2010 - CPO Sell if 1130am 3069 or lower

Hourly CPO Futures remains buy 3080 with target 3120 and 3140. If cpo price goes 3069 and lower at 1130am today, Sell.

01nov2010 - CPO remain buy unless 6pm 3067 or lower

Hourly CPO futures remain buy at 3080 since 1230pm unless it closes 3067 or lower at 6pm today. If it is an up trend, target of profit taking is 3120 and 3140.

01nov2010 - SGS palm oil export 1.32m MT

October palm oil export is 1.32m MT estimated by SGS, cargo surveyor. which is 12% lower. (Refer cpo data page)

01nov2010 - CPO buy 3080 at 1230pm

Hourly CPO futures cut loss turn buy at 3080 at 1230pm. November month starts with 18 ticks of losses after carry forward from the sell at 3062 on 29oct 1230pm. Eye on SGS export figures in the second cpo futures trading session after Intertek gave a lower palm oil export for October.

01nov2010 - CPO buy if 1230pm 3072 or higher

Hourly CPO futures remain sell 3062 unless 1230pm at 3072 or higher. Intertek palm oil export oct1-31 at 1.35mil MT which 8.5% lower compare last month.

01nov2010 - CPO buy if 1130am 3077 or higher ( based on high 3095 )

As CPO futures hit a high of 3095, hourly CPO technical indicator will be affected. Therefore, the price of turning buy had been adjusted to 3077 or higher now. The previous update had to be ignored.

01nov2010 - CPO buy if 1130am 3070 or higher

Hourly CPO futures will cut loss turn buy if 1130am at 3070 or higher. For October, the Hourly Indicator recorded a loss of 95 ticks.