After selling 2222, the hourly indicator Y short 2222 is now struggling again with cpo futures price is traded high 2230 today and only reached low 2199 low on last Friday.
There is still no sign of stop and reverse buy signal yet for 5pm and 6pm today, and therefore the short 2222 will be facing losses even though the roller price is good.
Remember, the losses in the past two trades at 80 points will probably have more to come! Multiple losing trades! It is good to see how much the losses will be if it really happen! (no point talking profit if traders cannot stand the losses, this was the earlier discussion on the hourly indicator Y when it was started in October and will be ended in December.)
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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