Wednesday 29 February 2012

STC Sell If 6pm Palm Oil 3274

Daily stc indicator will take profit and turn selling if crude palm oil futures is closed below 3275 at 6pm today. It had been holding long 3155 since 8th February.
Daily dmi and key indicator will only turn selling if cpo futures price is traded 3216 and closed below 3178 respectively today. Both technical indicators long 3128 and 3168 on 8th and 13rd February.

Tuesday 28 February 2012

STC Sell If Palm Oil Close 3246

Daily stc indicator will take profit and turn selling if cpo futures price is closed 3246 or lower at 6pm today based on high 3300.
Daily dmi indicator will turn sell signal if 3200 is traded while closing below 3168 will trigger daily key indicator to turn sell today.

Monday 27 February 2012

Palm Oil Sell If 6pm 3234

Daily stc indicator on cpo futures will turn sell once its price is closed below 3235 today.
Daily dmi indicator will turn sell once cpo futures is traded 3194 today.
Daily key indicator sell if 6pm cpo futures is closed below 3165.

Friday 24 February 2012

STC Sell If 6pm CPO Futures 3226

As daily stc indicator is getting near to stop and reverse sell signal, the above title has been emphasized to alert traders.
Daily stc indicator will hold on the long 3155 unless cpo futures is closed below 3227 at 6pm today.
Daily dmi indicator will hold on long 3128 unless 3187 is traded today.
Daily key indicator will hold on long 3168 unless 6pm cpo futures is below 3165 today.

Thursday 23 February 2012

STC 3217 DMI 3178 KEY 3164

Daily stc indicator will do stop and reverse sell today if cpo futures is closed below 3218 at 6pm.
Daily dmi indicator will only turn sell if cpo futures is traded 3178 while daily key indicator sell if 6pm cpo futures is closed below 3165.

Wednesday 22 February 2012

STC 3178 DMI 3167 KEY 3155

Based on high 3276, daily stc indicator will turn sell if cpo futures is closed 3178 or lower while daily key indicator sell if cpo futures is closed 3155 or lower.
Daily dmi indicator will turn sell once cpo futures is traded 3167 today.
All 3 technical indicators is holding on their long since the following date:
8th Feb stc 3155 dmi 3128, and 13th Feb key 3168.

Tuesday 21 February 2012

STC 3164 KEY 3155 DMI 3157

All 3 indicators have almost the same stop and reverse sell signal level today.
Daily stc sell if 6pm cpo futures is closed 3164 or lower.
Daily key sell if 6pm cpo futures is closed 3155 or lower.
Daily dmi sell if cpo futures is traded 3157 today.

Monday 20 February 2012

KEY 3144 STC 3128 DMI 3127

All 3 technical indicators will remain the long positions unless cpo futures is traded lower as below stated:
If 6pm close below 3129, both daily key and stc indicator turn sell.
If 3127 is traded, daily dmi indicator will do stop and reverse sell.

Friday 17 February 2012

DMI 3132 KEY 3123 STC 3097

All 3 daily technical indicators will remain long for cpo futures unless as below stated:
Stc sell if 6pm close below 3098.
Key sell if 6pm close below 3124.
Dmi sell if 3132 is traded.

Thursday 16 February 2012

STC 3081 DMI 3126 KEY 3123

Daily stc indicator and key indicator will cut loss and turn sell if cpo futures is closed 3081 or lower and 3123 or lower respectively today.
Daily dmi indicator will trigger a sell if cpo futures is traded 3126 today.

Wednesday 15 February 2012

STC 3072 DMI 3098 KEY 3128

All the 3 daily indicators are sitting on long positions (stc3155, dmi3128, key3168) unless cpo futures price is traded and closed as below stated:
Daily stc sell if 6pm close below 3072;
Daily dmi sell if 3098 is traded;
Daily key sell if 6pm close below 3129.

Tuesday 14 February 2012

Key 3168 STC 3080 DMI 3119

Daily stc indicator is holding on the long 3155 unless cpo futures is closed 3080 or lower which is remained low.
Daily dmi indicator is also holding on the long 3128 with stop and reverse sell signal at 3119 today.
Daily key indicator cut loss and turned long 3168 yesterday with today's stop and reverse sell at close signal at 3133 or lower.

Monday 13 February 2012

STC 3084 DMI 3109 KEY 3138

Daily stc indicator will cut loss and turn selling if cpo futures is closed below 3085 at 6pm today.
Daily dmi indicator will also cut loss and turn selling if cpo futures is traded 3109 today.
Daily key indicator had turned selling 3131 at Friday's close with 24 ticks of losses and will remain short unless cpo futures is closed 3138 and above at 6pm today.

Friday 10 February 2012

Palm oil inches down on bearish US crop report

Reuters
Palm oil to retrace further to 3084 ringgit -technicals * Malaysia's palm oil exports for Feb. 1-10 fell 7.7 pct -ITS * Malaysia's Jan palm oil stocks down 2.5 pct -MPOB (Updates prices, adds details) By Chew Yee Kiat SINGAPORE, Feb 10 (Reuters) ...

STC 3073 DMI 3108 KEY 3138

Daily stc indicator will cut loss turn sell if cpo futures is closed 3073 or lower at 6pm.
Daily dmi indicator will trigger sell if cpo futures is traded 3108.
Today, we start a new indicator, key indicator, which will cut loss and turn selling if cpo futures is closed below 3138 at 6pm.

Thursday 9 February 2012

Malaysia's Palm Oil Exports Hit RM80 Billion In 2011

Bernama
TEMERLOH, Feb 9 (Bernama) -- Palm oil is Malaysia's biggest commodity exports, registering RM80 billion last year. In second place was rubber with RM20 billion, Deputy Plantation Industries and Commodities Minister Datuk Hamzah Zainudin told reporters ...

VEGOILS-Palm oil slips ahead of key industry data

Reuters
USDA to release Feb crop production estimates on Thursday * MPOB to issue Jan palm oil data on Friday * Palm oil to drop to 3115 ringgit -technicals (Updates prices, adds details) By Chew Yee Kiat SINGAPORE, Feb 9 (Reuters) - Malaysian crude palm oil ...

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CPO Long 3155STC 3128DMI

The selling 3151 on daily stc indicator on 13th January went to low 3036 but ended up buying 3155 with a 4 ticks loss at yesterday market close. It will hold on long 3155 unless cpo futures is closed below 3082 today.
The daily dmi indicator however made a 30 ticks of profit per contract size for the last trade it sold 3158 on 26th January and turned buying 3128 yesterday. It will also hold on long 3128 unless cpo futures is traded 3072 triggering its stop and reverse sell level.

Wednesday 8 February 2012

STC 3122 DMI 3128

Daily stc indicator will do a stop and reverse buy if cpo futures is closed 3122 or higher at 6pm while daily dmi indicator will turn buy if cpo futures is traded 3128 today.

Friday 3 February 2012

STC 3151 DMI 3160

Daily stc indicator is holding on the short unless cpo futures is closed above 3150 at 6pm today.
Daily dmi indicator is also maintaining its short with the stop and reverse buy at 3160 today.

Thursday 2 February 2012

STC 3175 DMI 3168

Daily stc indicator and dmi indicator will remain their shorts 3151 and 3158 respectively unless as below stated:
Buy if cpo futures is closed 3175 or higher.
Buy if cpo futures is traded 3168 today.