CPO Futures Profit Targets 3367 To 3362

Based on low 3383, CPO Futures hourly indicator will remain sell 3442 unless palm oil futures price is traded 3452 and above at 1130am today.

Next profit targets will be remained at 3367 to 3362, then 3342 after hitting the 3392 first profit target.

CPO Futures Buy If 6pm 3456 Or Higher

Based on low 3391, CPO Futures hourly indicator will cut loss and turn buy signal once palm oil futures price is closed above 3455 at 6pm.

CPO Futures Buy If 5pm 3455 Or Higher

CPO Futures hourly indicator will cut loss and turn buy if 5pm palm oil futures price is traded 3455 and above.

Intertek and SGS gave palm oil export figures at 1.35mil MT for the month of MAY.

CPO Futures Buy If 4pm 3461 Or Higher

CPO Futures hourly indicator will seem remain selling for the whole day of afternoon trading session as it turn buy signal will only happen if palm oil futures price is traded above 3460 at 4pm.

Good export figures seem unable to push the palm oil price higher.

Next profit targets may start 3367 to 3362, then 3342 after hitting 3392 in the morning trading session.

CPO Futures Profit Target 3392 Hit

CPO Futures hourly indicator hit its first profit maximisation target 3392. The indicator will only cut loss and turn buying once palm oil futures price is closed 3459 and above at 1230pm which is still high.

CPO Futures Will Remain Sell Signal For Morning Session

As CPO Futures hourly indicator will not be easy to turn buy signal even if palm oil futures price is 3464 at the high at 1130am today. Thus, the morning trading session will be expecting to remain sell signal 3442 which sold at 4pm on 30th May.

Profit targets may start at 3392, 3367 and 3342.

CPO Futures Buy If 6pm 3457 And Above

CPO Futures hourly indicator will remain sell 3442 unless 6pm palm oil futures is closed 3457 and above.

CPO Futures Sell 3442 At 4pm

CPO Futures hourly indicator took a small profit and turned selling 3442 at 4pm.

The indicator will turn buy signal if 5pm palm oil futures price is traded above 3452.

Assume 5pm is at 3442, the indicator will cut loss and turn buy if 6pm palm oil futures is closed at 3455 and above.

CPO Futures Profit Targets 3475 And 3495

Based on high 3464, CPO Futures hourly indicator will turn sell signal when 4pm palm oil futures price is traded

Profit targets may start at 3475 and 3495 today.

Palm Oil Sell If 1130am 3435 Or Lower

CPO Futures hourly indicator will turn sell signal if palm oil futures price is traded 3435 or lower at 1130am today, based on high 3454.

CPO Futures Sell If 6pm 3428 Or Lower

Based on high 3454, CPO Futures hourly indicator will cut loss and turn sell if palm oil futures is closed below 3429 at 6pm today.

CPO Futures Profit Targets 3475 and 3495

CPO Futures hourly indicator will remain buy 3435 unless palm oil futures price is traded 3423 or lower at 5pm based on high 3451.

CPO Futures profit target may start at 3475 and 3495.

CPO Futures Sell If 4pm 3422 Or Lower

CPO Futures hourly indicator will remain buy 3435 unless palm oil futures is traded 3422 or lower at 4pm.

CPO Futures Hourly Buy 3435 At 1130am

CPO Futures hourly indicator incurred another loss 28 ticks and turned buy 3435 at 1130am.

The indicator will cut loss and turn sell signal if 1230pm palm oil futures is closed 3425 or lower which is just 10 ticks below the buying price.

Palm Oil Buy If 1130am 3433 And Above

CPO Futures hourly indicator will cut loss and turn buy if palm oil futures price is traded above 3432 at 1130am today.

This month accumulated loss has reached 129 ticks so far which is the worst month for the past 5 months if the indicator cannot make profit next 3 trading days that is included today. The past 4 months profit - January (+4), February (+213), March (+236) and April (+216).

CPO Futures Sell 3407 At 5pm

CPO Futures hourly indicator sold 3407 at 5pm with 4 ticks profit.

The indicator will only cut loss and turn buy if 6pm palm oil is closed above 3431.

CPO Futures Sell If 5pm 3416 Or Lower

Based on high 3447, CPO Futures hourly indicator will turn sell signal once palm oil futures price is traded 3416 and below at 5pm.

CPO Futures Sell If 4pm 3406 Or Lower

Based on high 3438, CPO Futures hourly indicator will turn sell signal once palm oil futures price is traded 3406 or lower at 4pm.

Palm Oil Futures Sell If 1230pm 3405 Or Lower

Based on high 3438, CPO Futures hourly indicator will turn sell signal when palm oil futures price is closed 3405 or lower.

CPO Profit Target 3453 And 3478 August

CPO Futures hourly indicator will cut loss and turn sell if 1130am palm oil futures price is traded 3396 or lower, based on high 3428.

Traders may set own profit target like at 3453 and 3478.

CPO Futures Buy 3403 At 5pm

CPO Futures hourly indicator finally cut loss and turned buy 3403 at 5pm.

The indicator will only turn sell if 6pm palm oil futures is closed below 3382.

CPO Futures Buy If 5pm 3387 Or Higher

CPO Futures hourly indicator will cut loss and turn buy signal if palm oil futures price is traded 3387 and above at 5pm.

Intertek and SGS gave a good palm oil export figures, refer CPO Data page for the update.

CPO Futures Buy If 4pm 3393 Or Higher

CPO Futures hourly indicator will only cut loss and turn buy when palm oil futures price is traded above 3392 which is again being adjusted higher.

As the reminder, profit targets will be up to traders' own discretion.

CPO Futures Remain Sell 3381

CPO Futures hourly indicator is still remained selling 3381 unless palm oil futures price is traded above 3390 at 1230pm which the turning buy signal has been adjusted higher.

Profit targets 3331 and 3306 can be adjusted to 3341 and 3316.

Palm Oil Buy If 1130am 3385 Or Higher

CPO Futures hourly indicator will cut loss and turn buy once palm oil futures price is traded above 3384 at 1130am today.

Eye on palm oil export figures that will be released by Intertek and SGS today.

CPO Futures Buy If 6pm 3385 Or higher

CPO Futures hourly indicator will cut loss and turn buying when palm oil futures price is closed 3385 and above at 6pm today.

CPO Futures Buy If 5pm 3382 Or Higher

CPO Futures hourly indicator will cut loss and turn buying if palm oil futures price is traded 3382 and above at 5pm.

CPO Futures Buy If 4pm 3386 Or Higher

CPO Futures hourly indicator will remain selling 3381 unless palm oil futures price is traded 3386 and above at 4pm today.

CPO Futures Buy If 1230pm 3391 Or Higher

CPO Futures hourly indicator will cut loss and turn buying if 1230pm palm oil futures price is closed above 3390.

Profit targets 3331 and below will seem hard to reach and may adjusted higher at traders' own discretion.

Palm Oil Buy If 1130am 3403 Or Higher

CPO Futures hourly indicator will cut loss and turn buy once palm oil futures price is traded above 3402 at 1130am today.

Profit targets may start at 3331 and 3306.

CPO Futures Buy If 6pm 3402 Or Higher

CPO Futures hourly indicator will only turn buying when palm oil futures price is closed above 3401 which is considered still high for stop and reverse trade.

Profit target buy back can be placed now at 3331 and 3306 just for today.

CPO Futures Buy If 5pm 3403 And Higher

CPO Futures hourly indicator will still remain on selling 3381 unless 5pm palm oil futures price is traded above 3402.

CPO Futures Buy If 4pm 3407 Or Higher

CPO Futures hourly indicator will remain sell signal at 3381 since 1130am, unless palm oil futures price is traded at the high at 4pm at 3407.

CPO Futures Sell 3381 At 1130am

CPO Futures hourly indicator turned sell at 1130am at 3381. It will only cut loss and turn buy if palm oil futures price is closed 3398 or higher at 1230pm today.

Palm Oil Sell If 1130am 3290 Or Lower

CPO Futures hourly indicator will turn sell signal once palm oil futures price is traded 3290 and below at 1130am today which is the closing price on Friday.

Sell targets 3418 and 3438 may still be placed for profit taking.

CPO Futures Profit Target 3398 Hit

CPO Futures hourly indicator will turn sell if 6pm palm oil futures is closed 3380 or lower based on high 3406.

Target 3398 had been hit.

CPO Futures Sell If 5pm 3362 Or Lower

CPO Futures hourly indicator is still holding its buy 3338 with first profit target hit at 3378 and look forward on 3398 and 3418 now.

Based on high 3391, CPO futures hourly indicator will turn sell if 5pm palm oil futures price is traded below 3363.

SGS gave a better figures compared to Intertek this morning.

CPO Futures Sell If 4pm 3360 Or Lower

CPO Futures hourly indicator sell if palm oil futures price is traded 3360 and below at 4pm.

CPO Profit Target 3378 Hit

Based on high 3382, CPO Futures hourly indicator will only turn sell signal once palm oil futures price is closed 3348 and below. Next profit target 3398.

Intertek gave a good export figures for the first 20 days of May.

Palm Oil Profit Targets 3378 and 3398

CPO Futures hourly indicator will remain holding buy 3338 after turning buy at 5pm yesterday unless palm oil futures price is traded 3336 or lower at 1130am today.

Profit targets may be set at 3378 and 3398 now.

CPO Futures Hourly Buy 3338 At 5pm

CPO Futures hourly indicator was hit with another round of loss and turned buy 3338 at 5pm just now.

The indicator will remain buy unless 6pm palm oil futures price is closed 3327 or lower.

CPO Futures Sell 3322 At 4pm

CPO Futures hourly indicator will cut loss and turn buy if 5pm palm oil futures price is traded 3330 and above which is not far away its turn sell price 3322 at 4pm.

CPO Futures Sell If 4pm 3324 Or Lower

CPO Futures hourly indicator will turn sell signal once 4pm palm oil futures price is traded 3324 and lower for August contract month.

The July contract month will follow the turn sell signal once August contract month is turned selling. As a result, traders now can forget about July contract month as we may regard it the normalization on change of month and discount has been completed so that traders can concentrate on August contract month solely which is the most active month now.

CPO Futures Sell If 1230pm 3316 Or Lower

Based on high 3352, CPO Futures hourly indicator will turn sell if palm oil futures price is closed below 3317 at 1230pm today.

CPO Futures profit target 3334 had been done at 3340 this morning while the 3354 target is just 2 ticks away from the high 3352. July contract profit targets 3363 and 3383 also got hit at 3396 at the opening.

CPO Profit Targets July 3363 And 3383

Again due to discount and change of contract month, CPO Futures hourly indicator was actually holding buy July 3283 and had taken first profit target 3343 yesterday, and now waiting for next profit targets like 3363 and 3383 if the indicator was still using July contract month.

However, as CPO Futures hourly indicator based on new contract month, after cutting loss sold at 3242 on 16 May, it was only turned buying 3294 at yesterday 1130am. The indicator will cut loss and turn sell again if palm oil futures price is traded 3274 and lower at 1130am today. Traders may start placing profit targets like 3334 and 3354 too.

With the 2 scenario as the above elaborated, traders should now able to know that a certain approach or strategy must be taken into consideration when there is a change of contract month and discount.

CPO Futures Sell If 6pm Below 3269

CPO Futures hourly indicator will seem continue holding buy 3294 until 6pm close unless palm oil futures price is closed 3268 or lower which is more than 30 ticks lower than the current price.

CPO Futures Sell If 5pm 3263 Or Lower

CPO Futures hourly indicator will only turn sell provided 5pm palm oil futures price is traded below 3264.

If without change of contract month, profit taking at 3343 July had been hit while waiting for next level 3363 July profit target.

CPO Futures Sell If 4pm 3260 Or Lower

CPO Futures hourly indicator will remain buy 3294 unless palm oil futures price is traded 3260 or lower at 4pm.

( Please refer 101 indicators on side bar for FKLI key indicator )

CPO Futures Hourly Buy 3294 At 1130am

Without changing of contract month, CPO Futures hourly indicator will now in good profit holding 3383 July contract and can set profit targets at traders' own wishes like 3343 and 3363 which may have done 3343 today.

However, due to change of contract month to August, CPO Futures hourly indicator was hit with another loss selling 3242 and may have to cut loss at 1130am today as long as it is above 3266. Thus, traders now should know why the previous post had long explanation that losses might be over 100 ticks due to discount and change of contract month.

CPO Futures hourly indicator is buy signal now at 1130am at 3294 with a loss of 52 ticks. It will only cut loss and turn sell once palm oil futures is closed 3263 or lower at 1230pm today.

CPO Futures Buy If 1130am 3267 And Above

CPO Futures hourly indicator will cut loss and turn buy if palm oil futures price is traded 3267 and above at 1130am today.

FKLI Index Futures 1535.5 For Morning Session

By following FKLI key indicator, FKLI had turned selling 1534.0 at 515pm Monday's close with a profit of 19.5 index points.

FKLI will have a specific level 1535.5 for key indicator at 1015am, 1145am and 1245pm as a signal buy or sell which mean FKLI will remain sell if below 1535.5 at this particular time and buy if FKLI is 1535.5 and above.

CPO Futures Buy If 6pm Above 3265

CPO Futures hourly indicator will cut loss and turn buy once palm oil futures price is closed at 3266 and above at 6pm today.

CPO Futures Buy If 5pm 3265 And Above

CPO Futures hourly indicator will cut loss and turn buy once palm oil futures is traded 3265 and above at 5pm.

Trades Being Affected Due To Change Of Contract Months

This month accumulated losses has artificially overrun taking into consideration of about 25 ticks discount and wrong signal entry and exit due to change of contract month which can cause more than 100 ticks on wrong input. Knowing such kind of weakness in technical indicators, traders may need to adjust own trading strategy even though follow blindly the system may be the best solution for traders who do not have strong discipline on trading.

Here is the best example where CPO Futures hourly indicator turned sell 3242 artificially due to change of contract months and over 25 ticks of discount, which by right the signal is still remained buy signal and hold. If still holding, the indicator is having about 20 over ticks of floating profit now marked to market price but here it incurs another loss of about 2o over ticks. To and flow, the losses may be more than 100 ticks if calculated in details.

FKLI Index Futures Sell If 4pm 1532 Or Lower

FKLI key indicator will turn sell signal if 4pm FKLI price is traded 1532.0 and below. If not, the key indicator will turn sell once FKLI price is closed below 1535 at 515pm.

However, assume that 4pm FKLI price is traded 1531.0 which is below 1532 and the signal is turned sell, then 515pm FKLI key indicator will turn buy if FKLI price is closed 1535.0 and above.

CPO Futures Buy If 4pm 3273 Or Higher

CPO Futures hourly indicator will remain sell signal 3242 since 1130am today unless palm oil futures is traded 3273 and above at 4pm in the afternoon session.

If without changing of contract month, CPO Futures hourly indicator will still remain buy signal with some floating profits.

CPO Futures Sell If 1130am Below 3260

Due to change of contract months, CPO Futures hourly indicator will be much affected as the discount of new 3rd contract month, August, is about 25 ticks lower against July contract month and this may directly force the indicator to turn sell signal. Therefore, traders may need to use his own trading experience to judge the market direction before the indicator does "normalize" after few bars of high low close on August contract months.

Here, traders may start monitoring both price of July and August contract months at the respectively times at 1130am, 1230pm and 4pm t0 6pm to gauge the feel of the indicator on the market which traders need to experience themselves.

If blindly follow the indicator, CPO Futures will turn sell once 1130am palm oil futures is traded below 3260.

FKLI Index Futures Remain Buy 1514.5

Based on high 1545.5, key indicator for FKLI index futures will remain buy signal 1514.5 ( holding since 9th May) unless 1015am (<1531.0), 1145am (<1531.5) or 1245pm (1531.5) is traded below the price respectively in the bracket shown here according to the specific time frames.

Happy Wesak Day

Happy Wesak Day to all Crude Palm Oil Futures players.

Bursa Malaysia Derivatives will be closed on 17st May 2011, Tuesday, as a public holiday.

Click HERE to know more about Wesak Day.

CPO Futures Sell 3251 At 4pm

CPO Futures hourly indicator turned selling 3251 at 4pm with a profit of 4o ticks, similar to the stop limit 3251 being triggered this morning.

The indicator will cut loss and turn buy if 5pm palm oil futures is traded 3269 and above.

CPO Futures Sell If 4pm 3257 Or Lower

CPO Futures hourly indicator will turn sell signal once 4pm palm oil futures price is traded 3257 and lower.

FTSE Bursa Malaysia KLCI Futures Or FKLI

FTSE Bursa Malaysia Kuala Lumpur Composite Index Futures or FBM KLCI Futures or FKLI in short will be another interesting index futures to monitor and trade even though FKLI is not as active as CPO Futures.

Beginning from this month of May, cpofutures blog will do its best the similar update for FKLI trading tips and wish that traders will have another opportunity to gauge some fortunes from FKLI futures trading.

We will look on the specific time frames with 90 minutes as the base for the key indicator of FKLI futures trading. There are 1015am, 1145am and 1245pm for the morning session, and 4pm and 515pm for the afternoon session.

Since key indicator for FKLI had turned buying 1514.5 at 1015am on 9th of May, it has maintained its buying until today. Key indicator will only turn sell if 4pm or 515pm is traded below 1518.5 or 1522.0 respectively.

Palm Oil Futures Sell If 1230pm 3258 Or Lower

CPO Futures hourly indicator will turn sell if palm oil futures price is closed 3258 and lower at 1230pm.

Stop at 3251 limit 3246 order had been triggered.

Palm Oil Futures Sell If 1130am 3253 Or Lower

Don't place stop order before market opening to avoid unnecessary bad price, but stop limit order is allowed like Sell Stop 3251 limit 3246 order can be placed as the losses may be limited to 3246 the lowest for the stop limit order ( actually it will remain a profit even 3246 is traded ).

Since cut loss point will be known when the indicator is turning sell at 1130am, thus, traders may just cut loss at that time although price may be even lower. This is technical trading that traders have to follow to be discipline.

CPO Futures hourly indicator will turn selling once palm oil futures price is traded below 3254 at 1130am sharp today.

CPO Futures Sell If 6pm 3250 Or Lower

CPO Futures hourly indicator will turn sell signal if palm oil futures is closed at 3250 or lower at 6pm today.

CPO Futures Sell If 5pm Below 3245

CPO Futures hourly indicator turn sell signal is getting closer as the above title stated that is sell if 3244 or lower at 5pm.

Sell stop limit order is remained as previous post stated too.

CPO Futures Sell If 4pm 3233 Or Lower

CPO Futures hourly indicator will turn sell signal once palm oil futures price is traded 3233 and below at 4pm sharp later today.

Now sell stop 3251 limit 3246, and profit taking targets will remain as previous post stated.

Palm Oil Sell If 1230pm 3231Or Lower

CPO Futures hourly indicator will turn sell signal if palm oil futures price is closed 3231 or lower at 1230pm similar with the previous post.

Sell stop 3241 limit 3236 now. Profit targets still at 3286 and 3311.

Palm Oil Futures Sell If 1130am 3231 Or Lower

CPO Futures hourly indicator will remain its next profit taking targets at 3286 and 3311, with sell stop 3216 limit 3211 to protect its earlier long positions.

Based on high 3282, the indicator will turn sell signal once palm oil futures price is traded below 3232 at 1130am today.

CPO Futures Sell If 6pm 3216 Or Lower

CPO Futures hourly indicator turn sell signal is kept adjusting higher to 3216 now for 6pm close as the above title stated based on high 3282.

Sell stop order can be adjusted to 3216 now with limit at 3211 at traders' own wish.

Profit target is still 3286 and so forth.

CPO Futures Sell If 5pm 3205 Or Lower

CPO Futures hourly indicator will turn sell if palm oil futures price is traded 3205 or lower at 5pm, based on high 3282.

CPO Futures Sell If 4pm 3193 Or Lower

CPO Futures hourly indicator will turn sell signal if palm oil futures price is traded 3193 or lower at 4pm later today.

Sell stop limit order and profit taking targets will be remained as previous post stated.

Supply and demand official figures had been released by MPOB with stock for April was 1.67mil MT vs 1.61mil MT as in March. April production was 1.53mil MT vs 1.42mil MT in March. The First 10-day palm oil export in May was 324k MT given by ITS and SGS respectively at same figures.

CPO Futures Hit 3261 Target

Next targets for palm oil futures profit taking are at 3286 and 3311.

CPO Futures hourly indicator will remain buy signal unless 1230pm palm oil futures is traded below 3185, based on high 3270.

Palm Oil Profit Targets 3261 and 3286

CPO Futures hourly indicator will cut loss and turn sell if 1130am palm oil futures price is traded 3182 or lower.

Sell stop 3195 limit 3190 will be remained as previous post.

Profit taking will be targeted at 3261, 3286 and 3311.

Watch out on MPOB figures; ITS and SGS first 10-day exports for palm oil also will be released today.

CPO Futures Sell If 6pm 3172 Or Lower

Sell Stop 3180 Limit 3175 can be adjusted to 3195 and 3190 respectively now.

CPO Futures hourly indicator will cut loss and turn sell if 6pm palm oil futures is closed below 3173.

CPO Futures Sell If 5pm 3167 Or Lower

CPO Futures hourly indicator hit its first profit targets at 3241. The indicator will cut loss and turn sell if palm oil futures price is traded below 3168 at 5pm

CPO Futures Sell If 4pm 3171 Or Lower

CPO Futures hourly indicator will maintain buy 3211 unless palm oil futures price is traded 3171 or lower at 4pm later today.

Sell Stop 3180 Limit 3175 can be placed to protect from unnecessary undetectable market price sudden movement that against the indicator.

Profit targets are 3241 and 3261.

Palm Oil Futures Sell If 1230pm 3179 Or Lower

CPO Futures hourly indicator took profit 18 ticks and turned buying 3211 at 1130am.

It will cut loss and turn sell if 1230pm palm oil futures price is closed below 3180.

Palm Oil Buy If 1130am 3193 Or Higher

CPO Futures hourly indicator will turn buy signal if 1130am palm oil futures price is traded 3193 and above.

Traders who had placed a buy stop limit order at 3194 on Friday should have been triggered and considered taking profit partially or in full already.

CPO Futures Buy If 6pm 3211 An Above

Based on low 3148, CPO Futures hourly indicator will turn buy if palm oil futures is closed above 3210 at 6pm.

Buy Stop 3194 limit 3201 order may be placed now if traders do not wish to risk further of their profits.

Palm Oil Profit Target 3159 Hit

CPO Futures hourly indicator hit its first profit target 3159 and this had helped recover the early losses accumulated since beginning of this May. Next 3134.

CPO Futures hourly indicator will remain holding sell unless 5pm palm oil futures price is traded above 3227 which is seemed very hard to cross above to become buy signal in 1 hour's time.

CPO Futures Buy If 4pm 3236 And Above

CPO Futures hourly indicator will cut loss and turn buy if palm oil futures price is traded above 3235 at 4pm today, based on low 3170.

Profit targets will remain at 3159 and 3134.

Palm Oil Profit Targets Start 3159 And 3134

CPO Futures hourly indicator turned sell 3229 at 6pm yesterday's close with another loss of 36 ticks. Its will only cut loss and turn buy again if palm oil futures price is traded above 3270 at 1130am today.

Profit targets may start from 3159 and 3134 to recover all the losses incurred from the early of this month and look forward with some good profits to take.

CPO Futures Sell If 6pm 3254 Or Lower

CPO Futures hourly indicator will cut loss and turn sell if 6pm palm oil futures price is closed below 3255.

Sell stop 3255 limit 3250 order may now be placed if traders wish not to risk overnight position.

CPO Futures Sell If 5pm 3257 Or Lower

CPO Futures hourly indicator will cut loss and turn sell if 5pm palm oil futures price is traded 3257 or lower.

Profit target still the same and no sell stop order but will do stop and reverse position if 5pm is below 3258.

CPO Futures Sell If 4pm 3256 Or Lower

CPO Futures hourly indicator is still maintaining its buy 3265 with target profit 3305 and higher unless palm oil futures price is traded 3256 and below at 4pm later today.

Palm Oil Futures Sell If 1230pm 3258 Or Lower

CPO Futures hourly indicator will remain buy 3265 unless palm oil futures price is closed below 3259 which has been adjusted lower compared to previous post.

Profit target may start at 3305.

CPO Futures Buy 3265 At 6pm Yesterday

CPO Futures hourly indicator hit cut loss point 3272 before 6pm close and turned buy 3265 at close yesterday.

Accumulated loss for this early month has reached 37 ticks per contract size now in just 2 trades.

CPO Futures hourly indicator will cut loss and turn sell again if 1130am crude palm oil futures is traded 3262 or lower which is just 3 ticks away against the closing or buying price at 3265.

CPO Futures Buy If 6pm 3265 And Above

CPO Futures hourly indicator will cut loss and turn buy if 6pm palm oil futures price is closed 3265 and above.

Buy Stop order will be remained as the previous post stated.

CPO Futures Buy If 5pm 3267 Or Higher

CPO hourly indicator will seem hit another loss and turn buy if palm oil futures price is traded 3267 and above at 5pm.

Buy Stop order 3272 limit 3277 if traders do not wish to take 5pm risk.

CPO Futures Buy If 4pm 3272 Or Higher

CPO Futures hourly indicator will remain sell 3249 unless palm oil futures price is traded 3272 and above at 4pm.

Profit target may be started at 3209 for today.

Palm Oil Futures Sell 3249 At 1130am

CPO Futures hourly indicator cut loss 21 ticks and turned sell 3249 at 1130am.

CPO Futures hourly indicator will cut loss and turn buy again if palm oil futures price is closed above 3270 at 1230pm.

Palm Oil Sell If 1130am 3264 Or Lower

CPO hourly indicator will cut loss and turn sell if palm oil futures price is traded below 3265 at 1130am today.

Avoid placing stop order before the opening bell of futures market. However, traders may put stop limit order for example Sell Stop 3252 Limit 3247 order to avoid unnecessary stop order price being triggered at the low end.

CPO Futures Sell If 6pm 3252 Or Lower

CPO Futures hourly indicator will cut loss and turn sell if palm oil futures price is closed 3252 or lower.

CPO Futures Sell If 5pm Below 3250

CPO Futures hourly indicator will remain buy 3270 unless 5pm palm oil futures is traded 3249 or lower.

Buying target 3330 onwards and sell stop order 3252 will be maintained for today.

Palm Oil Futures Sell If 1230pm 3245 Or Lower

CPO Futures hourly indicator will cut loss and turn sell if palm oil futures is closed 3245 and lower at 1230pm today.

Sell Stop order may be placed at 3252 now.

Palm Oil Profit Targets Start 3330 And 3350

Since CPO Futures hourly indicator was turning buy 3270, traders may start placing their profit targets at 3330, 3350 and 3370 for profit maximization strategy.

CPO Futures hourly indicator will cut loss and turn sell if palm oil futures price is traded 3252 or lower at 1130am today.