Thursday, 14 November 2013

Palm Oil Long 2562 At 4pm

Gave up 50 over ticks of profit at low 2506 after turning short 2562 on 6th November at 1130am, cpo futures trading based on the short term technical trend indicator A had finally turned buying at 2562 with zero profit at 4pm on 12th November.

The long 2562 will have its stop and reverse sell trading signals at range between 2565 and 2570 in coming few trading sessions ended 6pm Friday. The cpo futures price did reach high 2627 with floating profit range 65 ticks and hit to low 2565 near to the long 2562 before closing 2602 at 6pm yesterday.