Tuesday, 21 October 2014

Indicator Y - Short 2172 Stop Loss 2145

Some positions of short 2172 may have a stop loss order being placed at 2145 to protect profit while waiting the stop and reverse buy trade signal to be triggered which is currently at high level using the hourly indicator Y trading guides.

The hourly indicator Y is having a high possibility of sharp drop in its stop and reverse buy signal below 2172 if cpo futures prices is closed above 2140 at 1130pm. The hourly indicator may be adjusted below 2155 or even lower near to 2140 level in next 1 or 2 trading sessions if cpo futures prices is traded above the closing price of 2131.