Tuesday 1 November 2016

November CPO Futures Trading Plan

In this November, without taking into any unforeseen circumstances, we will continuously try our best to list down all the stop and reverse trade signals in advance for traders to make own judgement. Just come back to this post as usual to find out 12pm 6pm trading signals that we will update them in advance.

Refer the second post of October plan for the table or click HERE to get the table. We will continue the updated table in this post as you can see in the previous table.

2919/9/2016182643L-54372
3027/9/2016182663s20392
3111/10/2016182615L48440
3231/10/2016182764s149589

As you can see, it is trade 31 when the long was initiated on 11/10 at 2615 at 1800 hour or 6pm; it generated profit 48 ticks against the short 2663 on 27/9.

We have the accumulated profit of 589 ticks so far based on the per contract size basis after the stop and reverse sell signal was initiated at 6pm yesterday.

Always remember: Data collection, Multiple Losing Trades, Fear and Greed.

The 12pm6pm indicator trade signals for November:
  • (1/11 s2764) - As traders can see at the above table, we had a sell 2764 at 6pm yesterday with profit 149 ticks in single trade and accumulating profit 589 ticks since the 1st trade in record for year 2016. The short 2764 will cut loss turn long if 12pm is last traded above 2767 today
331/11/2016122774L-10579
  • We see the first stop and reverse trade in November with a loss of 10 ticks, reducing accumulated profit to 579 ticks. The short 2764 cut loss turn long 2774 at 12pm. We will again cut loss turn sell if 6pm is closed below 2769 today 1/11/2016.  
341/11/2016182732s-42537
  • We have 2 stop and reverse trades in a day with losses on the 1/11/2016.
  • (2/11 s2732) - 52 ticks losses with 2 trades in the first day of November and it is holding on the short 2732 now with 6pm trade signal at 2770 today. 
  • (3/11 s2732) - cut loss turn long if 6pm is closed above 2772 today.
352/11/2016182774L-42495
  • 3 losing trades in a row that we always like to name it Multiple Losing Trades, feel the Fear and still have Greed? The short 2732 has cut loss turned long 2774 at 6pm today. We will monitor on the long 2774 from now on. 
363/11/2016122768s-6489
  • (3/11 L2774) 12pm cut loss turned sell 2768. Another losing trade. We have 4 multiple losing trades now. Eye on the short 2768 now with 6pm stop and reverse buy trade if cpo futures is closed above 2771 which is very near too.
  • (7/11 s2768) The short 2768 will have to do stop and reverse buy if 12pm is last traded above 2767. As 12pm still remained sell signal, now buy only if 6pm is above 2766.
377/11/2016182789L-21468
  • 5 multiple losing trades and long 2789 at 6pm close on 7/11/2016.
  • (8/11 L2789) - Sell if 12pm is last traded below 2765. Sell if 6pm is closed below 2772. 
  • (9/11 L2789) - Sell if 6pm is closed below 2775 today.
  • (10/11 L2789) - Sell if 12pm is below 2780 today. Sell if 6pm is closed below 2780 too like the 12pm.
  • (11/11 L2789) - Will we achieve the 800 ticks yearly target? 800 - 468 + 2789 = 3121 target.
  • (14/11 L2789) - Off highest high 3089, giving up huge floating profit. Sell if 6pm is closed below 2828.
  • (15/11 L2789) - Sell if 12pm is below 2836 today. Sell if 6pm is closed below 2844 today.
3815/11/2016182824s35503
3916/11/2016122851L-27476
4018/11/2016122858s7483
  • (18/11 s2858) - Buy if 6pm is closed above 2873 today.
  • (21/11 s2858) - Buy if 12pm is above 2875 today.
4121/11/2016122923L-65418
  • (21/11 L2923) - Turning long 2923 at 12pm today but will cut loss turn sell if 6pmm is closed below 2883, otherwise, hold on the long 2923 until further notice.
  • (23/11 L2923) - Sell if 6pm is closed below 2896 today.
  • (24/11 L2923) - The long 2923 will continue with 800 - 418 + 2923 = 3305 as the target to call it a day! Sell if 6pm is closed below 2906 today.
  • (25/11 L2923) - Sell only if 6pm is closed below 2924 today. Target 3305 is used to achieve the 100% yearly rate of return strategy.
  • (28/11 L2923) - Sell if 12pm below 2936. Three more trading days for November. Sell if 6pm is closed below 2950, still 100 over ticks below the current prices!!
  • (29/11 L2923) - Sell if 12pm below 2974. Two more trading days. Sell if 6pm is closed below 2972.
  • (30/11 L2923) - Sell if 12pm below 2993. It seems that the profit will only be booked in next month since today is the last day for November. Sell if 6pm is closed below 2992 today.

Go to cpyeoh blog for the explanation by clicking HERE.