Friday, 5 December 2014

Indicator Y Long 2163 - December Started With 2 Points Loss

Just for readers traders understanding like what we did in last two months, the long 2163 based on the hourly indicator Y trading guides is the first stop and reverse trade signal and therefore will be considered as the first profit and loss in December, generating 2 points of loss in the first trade. We are expecting the stop and reverse trade signal will be less than 5 in total for the month of December.

However, we will keep monitoring the multiple losing trades until there is a single trade with good profit after the stop and reverse trade signal is triggered. As mentioned in previous post, the multiple losing trades did accumulate 249 losses in total for the last 7 trades in a row.