Wednesday, 24 June 2015

Indicator Y s2247 - Two Ups Two Downs

As mentioned in the previous post, the cpo futures price is trading above the short 2247 now and the indicator Y will have its stop and reverse buy trade signal for public viewing soon, we eye on the 6pm stop and reverse trade signal not the 5pm!

If the indicator Y's stop and reverse buy signal is triggered today, we will have two wining trades two losing trades in this month, being recorded so far.

No doubt the short 2247 is facing floating losses now but the indicative price will not be available for readers traders yet especially the 5pm indicative price. We still believe that 6pm is the stop and reverse trade signal for the indicator Y.

Check back the old posts in June, how much is the accumulated profit and loss for this month?