Tuesday, 7 October 2014

Indicator Y - 5pm SAR For 2150 Short Is Much Lower Now

The 5pm stop and reverse buy trade signal for 60-minute indicator Y has been much lowered near to the current market price. It is going to cut loss and turn buy if 5pm cpo futures price is last traded at 2188 or higher. Otherwise, the short 2150 will be holding on and eyeing on the 6pm closing price.

As the price is much lower as compared to the 4pm trade signal, the loss will be much lesser as earlier estimated if the stop and reverse buy trade signal is triggered at 5pm later today.