Friday, 17 October 2014

Indicator Y - 2172 Short Has Crucial Level

2145 to 2150 may be the crucial level to maintain for cpo futures short term technical trend trading bearishness turning to more friendlier.

The hourly indicator Y short@2172 may have to adjust lower its stop loss level to protect some profit if cpo futures prices trade above the crucial level even though the stop and reverse trade signal remain high. This is just a trader's own setting of stop loss level without following the hourly indicator Y trading guides.