Friday, 8 July 2011

Palm Oil Profit Maximization Strategy

CPO Futures hourly stc indicator hit its first profit target 3085 at 3100 using profit maximization strategy by placing early target to profit take. It also hit its second profit target 3105 before 1130am update.
Next targets 3125 and 3150.
Based on high 3110, the hourly indicator will turn sell once palm oil futures price is traded 3028 or lower at 1230pm.