Thursday, 11 December 2014

Indicator Y Short 2129 - Buy If 1230pm Above 2179

The hourly indicator Y is still holding on its losing trade with the short 2129 at 1130am and it will only cut loss turn long if cpo futures price is closed 2180 or higher at 1230pm today.

The 4pm stop and reverse buy signal will be adjusted lower again if 1230pm is traded above 2160 without triggering the 1230pm stop and reverse buy signal which is actually above yesterday high 2179.

Will this trade be the 9th multiple losing trade?