Palm Oil Futures short term technical trend trading based the Hourly Key Indicator has recorded the worst performance in year 2013 as compared to the last 5 years that generated yearly average accumulated gross profit of over 1000 ticks or equivalent to RM25,000.00 per contract size basis.
Even though the accumulated losses for this year may be less than 100 ticks but it will definitely put a pressure on technical rend traders. It is really a serious test on the psychology for trading success. The "profit and loss for year 2013" using hourly key indicator has definitely given technical trend traders a superb learning lesson.
Merry Christmas and Happy New Year.