Tuesday, 28 October 2014

Indicator Y - Long 2137 Day 5 At 1230pm

Since cpo futures prices has been moving much higher compared to yesterday's close, the hourly indicator Y is in better position even though the stop and reverse sell trade signal still much below the long 2137.

There will be no further updates if the stop and reverse sell trade signal is not adjusted higher for next few trading sessions, which means the hourly indicator Y long 2137 will remain. Again, profit taking targets will always up to traders' own discretion since the hourly indicator Y trading guides is not focus on them.