Wednesday, 12 November 2014

Indicator Y Long 2278 - The Fear And Greed Again

If you had followed the write-ups in this blog since October, you would have realized the weaknesses on the hourly indicator Y! The fear is the stop and reverse trade signal that far away from the entry/exit price in technical trend trading strategy while the greed is probably the hourly indicator did have a good run for 200 points which is RM5,000 per contract of floating profit before giving its substantial floating profits away! 

Read back the basic articles in the learning corner on the right column in this blog.

The long 2278 is believed to be holding on until the market close today based on the hourly indicator Y trading guides without taking into consideration any unforeseen circumstances.