As mentioned in previous post, we finally have an indicative price for the 5pm stop and reverse sell trade signal for FCPO short term technical trend trading. New readers traders must always remember that the stop and reverse trade signals using the indicator Y is based on the current level when this post is prepared without taking into consideration on any unforeseen circumstances like higher high lower low in the next hour.
The indicator Y long 2168 on FCPO will have to cut loss turn sell once the cpo futures price is last traded 2146 or lower at 5pm today, one hour from now! It will be the 4th stop and reverse trade signal in April, how much is the accumulated profit and loss?
The indicator Y long 1850.5 on FKLI will only start feeling the pressure if the index futures is closed low today but still not trigger any stop and reverse sell trade signal yet.