Daily stc trend indicator took profit of 77 ringgit per contract basis and turned long 3005 at 6pm yesterday's close against its short 3082. If cpo futures price is closed below 2949 today, it will cut loss turn selling again.
Daily dmi and key trend indicator will do a stop and reverse buy once cpo futures price is traded 3028 and is closed above 3030 respectively today.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
Tuesday, 31 July 2012
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