Thursday, 20 November 2014

Indicator Y Long 2259 - Day 2 SAR At 5pm

Hitting low 2217 just now had created more pressure to the long position. However, it will not be enough to change the stop and reverse sell trade signal for 5pm trade, which mean, the hourly indicator Y long 2259 will still struggle with floating losses by holding on the long position and wait for 6pm signal. We will update again after 5pm in order to let readers traders to know one hour ahead to decide what will be the trade at 6pm.

Again, the hourly indicator Y will not cut loss turn sell at 5pm yet even though suffer big floating loss.

Assume that 5pm is lasted below 2222, the hourly indicator Y will cut loss turn sell if cpo futures price is closed below 2222 at 6pm which is adjusted much higher than expected because 5pm stop and reverse sell signal is very low and not available for readers traders yet.