Friday, 5 December 2014

Indicator Y Long 2163 - 60% Greed 40% Fear

The hourly indicator Y long 2163 will have no stop and reverse sell signal at 6pm today.

The percentage of greed and fear is just a kind of simple measurement in this CPO Futures blog for testing readers traders trading psychology. We know, normally, when there is a no stop and reverse trade signal after a trade is triggered may generate more fear than greed. However, we wish to reverse the mentality - create more greed than fear when a trade is triggered or at least 50:50 game.

If cpo futures price is closed above 2177, we will like it to be 60% greed and 40% fear!