Wednesday, 16 October 2013

Palm Oil 1130am Long 2382 With 19 Ticks Loss

Just after yesterday's update on short 2363 on December contract month, the change of new contract month today had seen a cut loss and turn long trade signal at 1130am this morning at 2382 with theoretical loss of 19 ticks on 2 different contract months.

The technical trend indicator A using 60-minute data collection will hold on the long 2382 from now on with a probable stop and reverse sell signals from 2379 to 2388 for tomorrow's 5 trading sessions - 1130am, 1230pm, 4pm, 5pm and 6pm.