Thursday 19 June 2014

How Far The Long 2403 Had Reached?

Since the long 2403 on 12/6, the cpo futures price had gone up to high 2473 yesterday and the hourly key indicator on short term technical trend trading strategy had never been triggered with stop and reverse sell trade signals until 1130am last traded 2459 just now.

Again, as said in previous post, there will temporarily be NO more stop and reverse BUY trade signals posted in this blog once the stop and reverse sell trade signal is triggered.

The long 2403 will have to take profit and turn sell once cpo futures price is closed below 2435 at 1230pm today; or else, hold on the long for afternoon trading sessions which the stop and reverse sell signals may keep adjusting higher depend on certain cpo futures prices. It is definitely a profit for the long 2403!