Wednesday, 1 April 2015

Indicator Y L2190 L1779.5 - FCPO Cut Loss Turned Sell 2165

Forget about the earlier profits, the five multiple losing trades amounted to 173 points would be enough to wipe out majority novice traders. Even though the accumulated losses was only 54 points for the month of March after minus the first two profits trades, the indicator Y on FCPO had a bad month in March.

It is the short 2165, that was triggered at yesterday's close, that will be recorded in the month of April and we will focus on the short from now on based on the indicator Y trading guides.

FKLI long 1779.5 cash settled 1830.5 yesterday and we will theoretically rollover at par and wait for the next stop and reverse sell trade signal appear which will probably happen very soon.