Tuesday 26 May 2015

Indicator Y s2188 s1804.5 - FCPO Buy 2183 At 4pm

Giving up the huge floating profits again from the low 2121, the indicator Y short 2188 on FCPO had finally done a stop and reverse trade at 4pm just now according to the short term technical trading guides as mentioned in the previous post.

In short, the indicator Y had taken very small profit and turned long 2183 at 4pm just now.

Therefore, our focus will be on the long side from now on until there is a stop and reverse sell trade signal appear for readers traders to digest.

As long as there is no any update on a new write-up about the indicator price, the long 2183 based on the indicator Y is deemed to be holding on.