Wednesday, 8 October 2014

Indicator Y - Long 2180 At 6pm Yesterday

The 60-minute indicator Y had finally cut loss and turned long 2180 against its earlier short 2150. The accumulated profit of 17 ticks became a loss after cutting loss 30 ticks.

The stop and reverse sell trade signal for 1130am today will be 2173 or lower using the 60-minute indicator Y trading guide, which mean, if 1130am cpo futures price is traded below 2174, the indicator Y will cut loss turn sell again.