The hourly indicator Y long 2153 had finally taken profit and turned selling at 2284 at the afternoon trading session close today. This meant the trade managed to generate 131 points of profit in the first trading day of year 2015 that not able to be recorded in last month December 2014.
Looking back the cpo futures price at high 2308 after turning long 2153, the hourly indicator Y did give up 24 points of floating gain when it turned selling.
((here is just a FKLI index futures short write-up, the short term FKLI also started a sell 1740.5 at the morning trading session in the first trading day of year 2015, generating 33 index points that not able to be recorded in last month December 2014 according to the short term technical trend indicator Y trading guides))
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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