Thursday, 11 December 2014

Indicator Y Short 2129 - Buy If 1130am Above 2187

Without taking into consideration of any higher high lower low data, the hourly indicator Y short 2129 will have to cut loss and turn long once cpo futures price is lasted traded 2188 or higher at 1130am. Otherwise, holding on the short position and wait for another hourly trading session which the stop and reverse trade signal will mostly get lower if cpo futures price is remained at around the closing price of yesterday.

It will be the 9th multiple losing trades since November and 3rd losing trades in December if the hourly indicator Y has to do a stop and reverse trade at 1130am today.

How much will be the total losses for the multiple losing trades if the hourly indicator Y has to cut loss and turn long at 1130am?