Thursday 31 May 2012

STC 3041 DMI 3211

Based on close 3111, both daily indicators will still have wide different on the stop and reverse trade signals.
Daily stc indicator will cut loss turn sell if cpo futures is closed below 3042 today.
Daily dmi indicator will take profit turn long once cpo futures is traded 3211 today.
Another technical indicator, daily key indicator is still holding on the short 3475 since 23rd April, and will turn long once cpo futures is closed above 3194 today.

Wednesday 30 May 2012

STC Long 3069 DMI Short 3480

The daily dmi indicator is holding on the short with good profit even though the cpo futures did go to below 3000. Its stop and reverse buy signal is kept adjusting lower everyday which is believed to be go below 3200 soon. Its buy signal is still above 3200 today which will be hard to reach.
Daily stc indicator is however holding on the long 3069 now and its stop and reverse sell signal will also hard to reach for today.

Tuesday 29 May 2012

STC 3018 Vs DMI 3228

Both daily stc indicator and dmi indicator are having far a part on the stop and reverse trade signal. Daily stc indicator is holding on the long 3069 with 3018 as the stop and reverse sell signal today while daily dmi indicator is holding on the short 3480 since 30th April with 3228 as the stop and reverse buy signal today.

Monday 28 May 2012

STC 3069 KEY 3250 DMI 3239

There is only daily stc indicator maintaining the long 3069 with stop and reverse sell signal 3023 or lower at 6pm today; while, daily dmi indicator and key indicator will remain shorts unless cpo futures is traded 3239 and closed 3250 at 6pm respectively today.

Friday 25 May 2012

Daily STC Long 3069 Yesterday

Continuing hit with losses, daily stc indicator turned long 3069 at 6pm yesterday with 69 ticks loss against its short 3019. It will remain long 3069 as long as cpo futures is not closed below 3048 today.
Daily dmi indicator and key indicator still carry on the short positions with stop and reverse buy level more than 200 ticks away for today.

Thursday 24 May 2012

Daily STC Short 3019 Yesterday

Daily stc indicator hit with another huge losses after turning sell 3019 at 6pm yesterday. It incurred 77 ticks loss against its long 3096. Based on the new low 2993, its 6pm stop and reverse buy signal is 3060 or higher unless the cpo futures is go another new low below 2993 that will change the stop and reverse buy signal too.
Daily dmi indicator and key indicator keep holding on the short 3480 and 3475 respectively as their stop and reverse buy signal is very hard to reach today which is more than 200 ticks away from the closing price.

Wednesday 23 May 2012

DMI KEY 3274 STC 3075

Daily dmi indicator will take profit and turn buy only if cpo futures is traded 3274 and daily key indicator buy if cpo futures is closed above 3274 today. Both are still remained high and hard to reach.
Daily stc indicator is holding on the long 3096 with its 6pm stop and reverse sell at 3075 or lower today.

Tuesday 22 May 2012

DMI 3303 KEY 3275 STC 3096

As above stated, daily dmi indicator will only turn long once cpo futures is traded 3303 and daily key indicator will turn long once cpo futures is closed 3275 or higher at 6pm today. Both stop and reverse buy signal levels are at high and therefore it will be difficult to turn buy signal for today.
Daily stc indicator is holding on the long 3096 now with the stop and reverse sell signal at 3078 or lower at 6pm today.

Monday 21 May 2012

Daily STC Long 3096 6pm Friday

Due to new low 3034, daily stc indicator cut loss 11 ringgit (ticks) and turned long 3096 at 6pm Friday. It will remain long 3096 unless cpo futures is closed 3082 or lower at 6pm today.
Daily dmi and key indicators will basically remain the short as the stop and reverse buy signal is still very high for today which daily key indicator at 3279 for 6pm close and daily dmi indicator is 3331.

Friday 18 May 2012

STC Long If 6pm 3107 Or Higher

Daily stc indicator will cut loss and turn long if cpo futures is closed above 3106 at 6pm today while the daily dmi and key indicator will remain short today as the stop and reverse buy signals are at high level.

Thursday 17 May 2012

STC Loss 140 Ticks In A Day

In one day trading, daily stc indicator took a huge loss of 140 ticks after turning sell 3085 at yesterday's close against its long 3225 in technical term as the long was in July contract while the short was in August contract due to change of 3rd active contract month on the 15th May on cpo futures. If the cpo futures is closed above 3107 at 6pm today, the indicator will cut loss and turn long again.
Both daily dmi and key indicators will stick to their short 3480 and 3475 still for today as the stop and reverse buy signal is remained high for them.

Wednesday 16 May 2012

STC Took 333 Ticks Profit

Daily stc indicator took 333 ticks of profit by covering its short 3559 at 3226 at yesterday close and turned long 3209 on new contract month, August contract, due to change of 3rd active contract month after May contract expired. Based on new contract month, its long 3209 will cut loss turn sell if cpo futures is closed 3182 or lower at 6pm today.
Daily dmi and key indicators will remain sell since the stop and reverse buy signals are still at high today.

Tuesday 15 May 2012

Palm Oil Futures Low 3145

Based on its short 3559, daily stc indicator hit a profit range of 414 ticks at low 3145 yesterday. It will do a stop and reverse buy if cpo futures is closed above 3216 at 6pm today. Any new low will definitely change the stop and reverse buy signal too.
Daily dmi indicator short 3480 and daily key indicator short 3475 will remain the short position respectively as it will still be very hard to turn buy signal for today.

Monday 14 May 2012

Long If CPO Futures 6pm 3317 Or Higher

Daily stc indicator will take profit and turn long if cpo futures is closed above 3316 at 6pm today based on the low 3265. Any new low will change the stop and reverse buy signal too.
Daily dmi and key indicators will not be able to turn buy signal for today as the stop and reverse buy signals are high.

Friday 11 May 2012

Long If CPO Futures Close 3364 Or Higher

Based on low 3311, the daily stc indicator will take profit and turn long once cpo futures is closed above 3363 at 6pm today.
Daily dmi and key indicator will maintain the short for today since the stop and reverse buy is remained high.

Thursday 10 May 2012

STC Long If 6pm 3480 And Above

Daily stc indicator will take profit and turn long if cpo futures is closed above 3479 at 6pm today against its short 3559. This is based on the low 3311, any new low will change its stop and reverse buy signal too.
Both key and dmi daily indicator will remain short since the stop and reverse level is remained high today..

Monday 7 May 2012

STC Long If 6pm Above 3455

Judging on the stop and reverse buy signal is more than 100 ticks away from the closing price, all the short position using stc, key and dmi indicators will hold on today and let its profit run with traders' own discretion on profit taking level.
These were the short position prices initiated based on the technical indicators - stc 3559, key 3475 and dmi 3480.

Friday 4 May 2012

CPO Futures Hit Low 3370

Technically, all the three daily indicators will remain their respective short positions and let the profit run since the stop and reverse buy signal will be very high for today based on the closing price.

Thursday 3 May 2012

DMI Buy If CPO 3503

Daily stc and key indicator will remain the short 3559 and 3475 respectively today as long as cpo futures is not closed above 3530 at 6pm market close.
Daily dmi indicator will do a stop and reverse buy if cpo futures is traded 3503 today. Otherwise, hold on the short 3480.

Wednesday 2 May 2012

DMI 3480 Triggered Short

Daily dmi indicator hit a sell signal on Friday at the stop and reverse price 3480. It will remain short unless cpo futures is traded 3521 today.
Daily stc and key indicator will remain their short since the stop and reverse buy signal is remained at high.