Friday, 27 February 2015

Indicator Y s2255 L1801.0 - FCPO Long 2277

The short 2255 on cpo futures based on the short term technical trend indicator Y trading guides had finally cut loss and turned long 2277 at 6pm close yesterday. The accumulated profit of 116 points in the early of this month has also been wiped out by the last 3 multiple losing trades to only 6 points (+83+33-31-57-22). Therefore, this month will be regarded as a break-even month!

FKLI long 1801 probably goes for cash settlement since the stop and reverse trade signal is near to its buying level.