Can the cpo futures price really reach 2155 in order to hit the 400 ticks target? It is 99 ticks on down hill battle based on the traded price 2254 low on last Friday.
There is still no stop and reverse buy signal on the short 2317 based on the short term technical trend indicator Y trading guides (frankly speaking, it is still very high and therefore not publish in the post yet). When you see there is a stop and reverse buy trade signal, you may probably assume that the 400 ticks target has failed to reach!?
New readers traders are again reminded to read back the old posts especially from September 2014 if can, so that, you can familiarize yourselves how the CPO Futures blog here is trying its best explaining the stop and reverse trade signals on the short term technical trend trading.
Readers traders are reminded also that we are not soliciting accounts for trading and please read all the Disclaimer or Risk Disclosures in this blogs. Therefore, please to do email us asking for opening any trading accounts!
Trading success - to know the market, you need to know yourself !