Thursday, 11 December 2014

Indicator Y Long At 5pm

The hourly indicator Y short 2129 finally cut loss and turn long 2185 at 5pm.

This is the 9th multiple losing trade since November and 3rd losing trades in December. Accumulated losses in the 9 multiple losing trades is 339 points or RM8,475 losses per contract size. What a painful trades for the year 2014!

As usual, there will be no stop and reverse trade signal for next few trading sessions.