It is a painful trade today on the short 2254 which the hourly indicator Y had finally done its stop and reverse trade at 1130am just now based on the hourly indicator Y trading guides.
The hourly indicator Y short 2254 had cut 24 points loss and turned long 2278 at 1130am. The accumulated profit of 117 for November month had reduced to 93 due to the losing trade.
The long 2278 will be the main topic for the next few posts in discussion on short term technical trend trading until there is a stop and reverse sell trade signal.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
Wednesday, 12 November 2014
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