Tuesday, 9 December 2014

Indicator Y Long 2163 - 6pm Stop and Reverse Sell?

Yes, it is basically believed that the hourly indicator Y long 2163 will have to do its stop and reverse sell trade at 6pm later today if cpo futures price is kept trading near low level today in between 2154 to 2144 at 4pm and 5pm. We are just giving five over hours in advance on the stop and reverse trade signal with the above assumption. We will give the exact stop and reverse trade signal when there is a confirmed data.

Remember the last 7 losing trades accumulated losses of 249 points per contract size and the first losing of December at 2 points, the hourly indicator Y will probably face the 8th multiple losing trades and 2nd losing trade in December if cpo futures price is kept trading lower in the afternoon sessions especially below 2150.