Monday 29 September 2014

Indicator Y - The SAR Is Higher But Below 2133 Long

The indicator Y long 2133 for 60-minute short term technical trend trading on cpo futures has its stop and reverse sell trade signals higher but still below 2133 for 1130am and 1230pm, and therefore it is believed that the long will be holding on and we will only look into the possibility of higher SAR in the afternoon trading sessions for 4pm, 5pm and 6pm which will be updated 1 hour in advance accordingly if the SARs is getting near to market level.