CPO Futures Sell If 6pm 3692 Or Lower

Based on high 3775, CPO Futures hourly indicator will cut loss and turn sell if crude palm oil futures can close below 3693 today.

This month accumulated profit only 4 ticks in total since buying 3709 will be excluded and carried forward to next month.

SGS January Palm Oil Export 1.2m MT

SGS palm oil export for January is 1.20m metric tons or 4.6% lower as compared to last month.

CPO Futures Sell If 4pm 3652 Or Lower

Judging on the present palm oil futures prices, the CPO Futures hourly indicator buying at 3709 profit will be carried forward to February's trade. Thus, this month accumulated profit will not be good.

CPO Futures hourly indicator will remain buy signal unless 4pm palm oil futures hit below 3653.

Eye on SGS palm oil export figures that will be released later today.

Palm Oil Sell if 1230pm 3645 Or Lower.

CPO Futures hourly indicator will remain buy signal for 1230pm as it is over 100 ticks for the indicator to turn sell signal and is believed to be very hard to reach below 3650 in 1 hour with such volume even palm oil export figure is lower.

Intertek Palm Oil Export 1.24m MT

January palm oil export 3.6% lower as compared to last month released by Intertek at 1.24m metric tons.

Palm Oil Sell If 1130am 3653 Or Lower

CPO Futures hourly indicator's cut and sell signal remains low at 3653 or lower for the first trading hour of crude palm oil futures on Bursa Malaysia Derivatives.

CPO Futures Sell if 6pm 3659 or lower

CPO Futures hourly indicator will only cut loss and turn sell if 6pm palm oil hit below 3660, which the sell signal is adjusted even lower.

For 5pm to 6pm, a sell stop order at 3684 may be placed from further losses for trader who don't want to take risk over weekend.

CPO Futures Sell if 5pm 3669 or lower

CPO Futures hourly indicator will cut loss and turn sell if 5pm palm oil price goes below 3670. Otherwise remain buy 3709.

Palm Oil Buy 3709 At 1130am

Another losing trade of 41 ticks which see CPO Futures hourly indicator is turning buy at 3709 at at 1130am today.

CPO Futures hourly indicator will cut loss and turn sell if 1230pm at 3670 or lower.

Palm Oil Buy If 1130am 3685 Or Higher

CPO Futures hourly indicator will cut loss and turn buying if 1130am palm oil third contract month at yesterday's closing price, that is 3685 and above.

CPO Futures Sell 3668 At 5pm

CPO Futures hourly indicator cut loss ( 38 ticks ) and turned sell at 3668 at 5pm.

It will turn buy signal if cpo futures can close above 3690 at 6pm.

CPO Futures Sell If 5pm 3675

CPO Futures hourly indicator will cut loss and turn sell if 5pm at 3675 or lower.

Palm Oil Sell If 1230pm 3673

CPO Futures hourly indicator took profit 76 ticks and turned buy at 1130am at 3706.

It will turn sell if 1230pm palm oil futures hit 3673 or lower

Palm Oil Buy If 1130am 3692 Or Higher

CPO Futures hourly indicator will take profit and turn buy if 1130am at 3692 or higher.

CPO Futures Buy if 6pm 3700 or higher

CPO Futures hourly indicator will take profit and turn buy if 6pm at 3700 or higher.

CPO Futures Buy if 5pm 3727 or higher

CPO Futures hourly indicator will turn buy if 5pm at 3727 or higher, its turning buy signal has been adjusted much lower now.

After turning sell at 3782, cpo futures reached 3622 the lowest or 160 ticks away from the selling price.

Palm Oil Will Remain Sell 3782

With Dalian RBD palm oil futures down sharply, cpo futures hourly indicator target profit can be adjusted lower.

Since target profit taking can be at trader's own discretion, thus, it is up to individual to decide. Here in this blog is more on protecting and training trader to be more discipline to avoid over loss.

CPO Futures hourly will turn buy if 1130am at 3815 or higher today.

CPO Futures Buy if 6pm 3817 or higher

CPO Futures hourly indicator buy signal being adjusted lower but still remain very high from current price and target of 100 ticks at 3682 is near.

CPO Futures Buy if 5pm 3820 or higher

CPO Futures hourly indicator will only turn buy signal if 5pm at 3820 or higher which remain very high from the current palm oil futures prices.

SGS Palm Oil Export 1.02m MT

SGS palm oil export figures in the Jan 1-25 period is 1.02m metric tons, lower than 1.04m metric tons given out last month.

CPO Futures will remain its sell 3782 unless 4pm at 3824 or higher.

Intertek Palm Oil Export 1.06m MT

Palm oil cargo surveyor, Intertek Agri Services put palm oil exports for the first 25 days of this month at 1.06m metric tons or 5.7% higher.

Palm Oil Will Remain Sell 3782 At 1130am

Judging on the turn buying signal at 3825 or higher, cpo futures hourly indicator will remain sell unless palm oil futures price at 1130am can go above 3825.

Eye on Intertek and SGS first 25 days palm oil export data for this month. According to reliable sources, the data should be better by 10% or higher as compared last month figures.

CPO Futures Buy if 6pm 3813 or higher

CPO Futures hourly indicator turned sell signal at 5pm at 3782 with another loss of 40 ticks. This few trades had substantially reduced this month accumulated profit.

CPO Futures hourly indicator will cut loss and turn buy again if 6pm at 3813 or higher for palm oil futures price on Bursa Malaysia Derivatives.

CPO Futures Sell if 5pm 3802 or lower

CPO Futures hourly indicator will cut loss and turn sell signal if 5pm at 3802 or lower for 3rd contract month palm oil futures price.

CPO Futures Sell if 4pm 3796 or lower

CPO Futures hourly indicator will cut loss and turn sell if 4pm palm oil futures price at 3796 or lower, otherwise remain buy 3822.

Palm Oil Sell if 1230pm 3795 or lower.

A good round of profit last week had been used to cover the loss in one trade.

CPO Futures hourly indicator will cut loss and turn sell again if 1230pm at 3795 or lower after it turned buy 3822 at 1130am just now.

Palm Oil Buy if 1130am 3772 or higher

CPO Futures hourly indicator turned selling at 6pm on Friday at 3748 with a profit taking of 78 ticks ( or equivalent RM1,950.00 per contract ) against the early buying at 3670. SGS gave a weaker palm oil export data than Intertek might be the cause of profit taking otherwise the indicator would remain buy signal.

Today, cpo futures hourly indicator will cut loss and turn buy if 1130am palm oil price at 3772 or higher.

CPO Futures Sell if 6pm 3756 or lower

CPO Futures hourly indicator will take profit and turn sell if 6pm at 3756 or lower for palm oil futures price on Bursa Malaysia Berhad.

Malaysia's palm oil exports given by cargo surveyor SGS (Malaysia) Bhd is 799,846 metric tons for Jan. 1-20 period up 0.1% only compared with the same period last month. Another surveyor, Intertek Agri Services, estimated at 852,607 tons on Thursday

CPO Futures Sell If 4pm 3729 Or Lower

CPO Futures hourly indicator will take profit and turn sell if 4pm at 3729 or lower, based on the high 3797 today.

Palm Oil Buy 3670 Will Remain Today

As cpo futures hourly indicator still not at overbought zone even though target 100 ticks at 3770 had been reached and broken. Thus, it is believed that the cpo hourly indicator will remain buying for the rest of afternoon trading session until palm oil market closes at 6pm.

Intertek Palm Oil Export 853k MT

During the Jan. 1-20 period, palm oil exports 852,607 tons rose 9.7% from a month earlier 776,910 tons, given by cargo surveyor Intertek Agri Services yesterday.

The other main surveyor, SGS (Malaysia) Bhd., is due to issue its estimate on Friday today.

CPO Futures hourly indicator will cut loss and turn sell if 1130am at 3660 or lower.

CPO Futures Sell if 6pm 3647 or lower

CPO Futures hourly indicator turn sell signal is still very low at 3647 or lower for 6pm.

CPO Futures Buy 3670 Remain

CPO Futures hourly indicator will only cut loss and turn sell if 5pm at 3634 or lower.

Palm Oil Futures Margin

CPO Futures margin will be raised up to RM8,500.00 effective as at 28th January 2011 due to long holidays and no trading on Bursa Malaysia Derivatives in Chinese New Year.

Happy Thaipusam

To all Hindu palm oil futures traders and readers, wishing you all have a pleasant Thaipusam Day.

Pay a visit to Sungai Petani in Kedah, at Sri Subramaniya Swami Devasthanam temple in Pekan Lama where thousands of Hindu devotees are expected to attend the festival.

Pekan Lama or Old Town in Sungai Petani is my home town.

According to news, our Prime Minister Datuk Seri Najib Razak is scheduled to attend the Thaipusam celebration at the temple too.

To know more about Thaipusam festival, click HERE.

Palm Oil Buy 3670 At 6pm Yesterday

CPO Futures hourly indicator cut loss and turned buying 3670 at 6pm yesterday's close which incurred a loss of 25 ticks after sold at 5pm at 3645.

CPO Futures hourly indicator will cut loss and turn sell again if 1130am at 3636 or lower today.

CPO Futures Sell 3645 At 5pm

CPO Futures hourly indicator turned sell 3645 at 5pm. If 6pm at 3649 or higher for palm oil price, it will turn buy again...very near on turning buy signal.

CPO Futures Buy If 4pm 3655 Or Higher

Palm oil futures price is trading above 3655 after opening at 3pm today, thus, the cpo futures hourly indicator will have a high chance on cut loss ( or may be with small profit ) and turn buy at 4pm if it is still at 3655 and above.

Palm Oil Buy If 1130am 3673

CPO Futures hourly indicator will remain sell 3666 unless 1130am at 3673 or higher.

CPO Futures Buy if 6pm 3683 or higher

CPO Futures hourly indicator will remain sell at 3666 unless 6pm at 3683 or higher.

SGS Palm Oil Export 569k MT

SGS palm oil cargo surveyor estimated palm oil export at 568k MT for the first 15 days of January against 589k MT given by Intertek.

CPO Futures Buy if 4pm 3682 or higher

CPO Futures hourly indicator will remain sell at 3666 unless 4pm palm oil price at 3682 or higher.

Intertek cargo surveyor estimated palm oil export at 589k MT for the first 15 days of January.

Palm Oil Sell 3666 at 1130am

3rd contract month palm oil futures hourly indicator turned selling at 3666 at 1130am. It will cut loss and turn buy if 1230pm at 3683 or higher.

Technically, CPO Hourly indicator created a loss but it is a profit if there is no change of month after expiring on spot month.

Palm Oil Sell if 1130am 3667 or lower.

CPO Futures hourly indicator will cut loss and turn sell if 1130am at 3667 or lower.

The palm oil price could not sustain above 3710 or the 40 ticks above the indicator buying price at 3670 should be a good indicative of selling down since eying on weak palm oil export figures.

CPO Futures Sell If 4pm 3642

CPO Futures hourly indicator will remain holding buy 3670 unless palm oil futures hits 3642 or lower at 4pm.

Palm Oil Sell If 1130am 3642

CPO Futures hourly indicator will cut loss and turn sell if 1130am at 3642 or lower.

CPO Futures Sell If 6pm 3648

Please refer the page of CPO Hourly Indicator to see the signal of selling.

CPO Hourly Indicator Will Remain Buy Signal

CPO Futures hourly indicator will remain holding buy at 3670 after it turned buy at 5pm yesterday. USDA bullish report over yesterday night helped pushing up at the opening for palm oil futures. However, weak cpo export especially for the first half of this month will keep haunting market for short term basis.

CPO Hourly indicator will remain buy signal even palm oil futures sold down to the low at 3625 at 1230pm. Thus, the stop loss sell at 3645 can be placed to protect from further losses for 1230pm hourly indicator.

CPO Futures Sell if 6pm 3628 or lower

CPO Futures hourly indicator took profit and turned buy at 3670. A profit of 194 ticks or RM4,850.00 per contract.

CPO Futures hourly indicator will cut loss and turn sell if 6pm only close at low on palm oil price today

CPO Futures Buy if 5pm 3648 or higher

Based on low 3627, cpo futures hourly indicator will take profit and turn buy if 5pm at 3648 or higher.

This round of selling can help the cpo hourly indicator cover the earlier losses and accumulated profits for this month.

CPO Hourly Indicator Hit 220 Ticks Target

CPO Futures hourly indicator hit 3644 which is more than 200 over ticks of profit, mean it can generate RM5000.00 of profit per contract if you hold the selling position at 3864 on 6 January until today.

CPO Futures hourly indicator will turn buy if 4pm at 3663 or higher, based on low 3644.

CPO Hourly Indicator Hit 180 Ticks Target

CPO Futures hourly indicator hit 180 points target at 3684. Thus, cpo hourly indicator turn buy if 1230pm at 3705 or higher, based on low 3684 now.

Palm Oil Buy if 1230pm 3719 or higher

CPO Futures hourly indicator will turn buy if 1230pm at 3719 or higher, based on low 3700.

Extended oversold in the cpo hourly indicator will soon rebound and turn buy signal.

Palm Oil Buy if 1130am 3725 or higher

CPO Futures hourly indicator will take profit and turn buy if 1130am at 3725 or higher, based on low 3700.

CPO Futures Buy if 6pm 3740 or higher

Based on low 3714, cpo futures hourly indicator will take profit and turn buy if 6pm close 3740 or higher. Target 150 ticks at 3714 hit.

CPO Futures Buy if 5pm 3746 or higher

Based on low 3720, cpo futures hourly indicator will turn buy if 5pm at 3746 or higher.

It hit 140 ticks of floating profit at 3724.

CPO Futures Buy if 4pm 3757 or higher

CPO Futures hourly indicator will take profit and turn buy if 4pm at 3757 or higher. The indicator may soon be turning buy signal since it has reached the highly oversold zone now.

Palm Oil Buy if 1230pm 3764 or higher

CPO Futures hourly indicator will take profit and turn buy if 1230pm at 3764 or higher.

Short covering to protect some profit may start now.

Palm Oil Buy if 1130am 3776 or higher

CPO Futures hourly indicator will turn buy if 1130am at 3776 or higher, based on low 3730.

CPO Futures Buy if 6pm 3788 or higher

CPO Futures hourly indicator will take profit and turn buy if 6pm at 3788 or higher, based on the low at 3742.

SGS Palm Oil Export 332k MT

The first 10 days of palm oil export figures for January 2010 given by SGS was lower at 332k metric tons or 5.7% down as compared to last month.

CPO Futures Buy if 4pm 3808 or higher

CPO Futures hourly indicator will turn buy if 4pm at 3808 or higher.

POLA Figures ( Now is MPOB Figures ) gave a mixed result that was bullish with lower palm oil output but neutral to bearish sentiment on palm oil stock data.

MPOB Figures For December 2010

Malaysian Palm Oil Board or MPOB Figures for the month of December 2010 showed that palm oil stock down 1.3% or at 1.61 million tons as compared to November 2010 stock 1.64 million tons.

The December production also down 16% at 1.23 million tons vs 1.46 million tons in November.

The December palm oil export reached 1.29 million tons.

Palm Oil Buy if 1230pm 3826 or higher

CPO Futures hourly indicator will take profit and turn buy if 1230pm at 3826 or higher.

Intertek Palm Oil Export 300k MT

The first 10 days of palm oil export given by Intertek Agri Services at 300k metric tons.

Palm Oil Buy if 1130am 3856 or higher

CPO Futures hourly indicator will only turn buy signal if 1130am at 3856 or higher.

Target of 100 ticks hit on last Friday at 3764 after turning sell at 3864 on Thursday 6pm.

Eye on few important data today.

Palm Oil Futures Will Remain Sell Signal

CPO Futures hourly indicator will remain sell unless 6pm can close 3870 above which is almost 100 ticks away from current palm oil futures price.

Ride On The Trend Of Selling

Technically, selling position will have some profit now on riding the short term down trend for cpo futures hourly indicator. The turning buy signal will remain high for today, therefore, just sit tight for today.

India Up Oil Palm Plantation Area

India to Boost Oil-Palm Plantation Area to Reduce $8.4 Billion Import Bill

Refer CPO Hourly Indicator

As you can see the wide apart on the indicator in the CPO Hourly Indicator page for 1130am, the palm oil prices will remain weak for next one hour and will be very hard to turn buy. The buy signal is considered very high at above 3890.

Even it is believed that the 4pm will also have a high turning buy signal.

CPO Hourly Indicator Sell 3864

CPO Futures hourly indicator turned sell at 3864 at 6pm close yesterday.

It will cut loss and turn buy if 1130am at 3878 or higher.

CPO Futures Sell if 6pm 3867 or lower

CPO Futures hourly indicator will cut loss and turn sell if 6pm at 3867 or lower, otherwise hold buy 3879 for next trading day. Selling signal being adjusted much higher now.

Surprisingly, all the last 4 hours, the palm oil prices were closed all at 3879 for the hourly data.

CPO Futures Sell if 5pm 3853 or lower

CPO Futures hourly indicator will remain buy 3879 unless 4pm at 3853 or lower.

CPO Futures Sell if 4pm 3849 or lower

CPO Futures hourly indicator cut loss and turned buy at 1230pm at 3879. It will turn sell signal if 4pm at 3849 or lower.
Lower palm oil production for December month is expected to be more than 10%, according to reliable sources.

Palm Oil Buy if 1230pm 3857 or higher

CPO Futures hourly indicator will turn buy if 1230pm at 3857 or higher, which is the low for today so far.

Palm Oil Buy if 1130am 3882 or higher

CPO Futures hourly indicator will cut loss and turn buy if 1130am at 3882 or higher for 3rd contract month palm oil price, now is March contract.

Palm Oil Will Remain Sell At 6pm

CPO Futures hourly indicator will only cut loss and turn buy if 6pm at 3889 which is being adjusted higher after 5pm sold down to below 3800.
Selling confidence may have established for short term.

CPO Futures Buy if 5pm 3879 or higher

CPO Futures hourly indicator will cut loss and turn buy if 5pm at 3879 which only adjusted few points lower since the indicator turned sell. Thus, may need to wait for another few trading hours to see buy signal.
So, remain sell position.

CPO Futures Buy if 4pm 3885 or higher

CPO Futures hourly indicator will cut loss and turn buy if 4pm at 3885 or higher, otherwise remain sell 3833.

Palm Oil Buy if 1230pm 3888 or higher

CPO futures hourly indicator cut loss and turned sell 3833 at 1130am. It will turn buy only if 1230pm at 3888 or higher.

Palm Oil Sell if 1130am 3871 or lower.

Based on high 3905, cpo futures hourly indicator will cut loss and turn sell if 1130am at 3871 or lower.
Due to high volatility of palm oil futures prices, never put a stop loss order before market open if you are following this hourly indicator. Place the stop order only after market open.
Yesterday price feed problem had damaged all the short term charting on service provider unless you did keep tracking on your own data like what in this blog does on the page " CPO Hourly Indicator ".

CPO Futures Buy 3888 at 6pm

CPO Futures hourly indicator cut loss and turn buy at 3888 at 6pm close.
If buy stop 3855 is placed, 33 ticks of further losses can be saved.

CPO Futures Buy if 6pm 3843 or higher

CPO Futures hourly indicator will cut loss and turn buy if 6pm close at 3843 or higher.
The buy stop at 3855 can be placed to protect selling 3830 from further losses.

CPO Futures Buy if 5pm 3847 or higher

CPO Futures hourly indicator will cut loss and turn buy if 5pm at 3847 or higher.
The charting system given by service provider still down may be due to the problem of price feed for charting between service provider and Bursa. Thus, the page of "CPO Hourly Indicator" data is updated based on my own judgement.

CPO Futures Sell 3830 at 1230pm

CPO Futures hourly indicator turned sell 3830 at 1230pm. Profit 67 ticks. 

The indicator will cut loss turn buy if 4pm at 3845 or higher.

Bursa jtrader system was facing the "intermittently disconnection"  which affected order entry at broker system for the morning trading session. 

Indonesia Palm Oil Tax Rates for January

Crude palm oil in Indonesia will be based on new export tax rate at 20% and base price per metric ton at $1,112.00 for this month, according to Dow Jones news.

Palm Oil Futures Sell if 1230pm 3839 or lower.

CPO Futures hourly indicator remain buy 3763 unless 1230pm at 3839 or lower which the indicator will turn sell signal.

Palm Oil Sell if 1130am 3825 or lower.

CPO Futures hourly indicator will take profit and turn sell if 1130am at 3825 or lower, based on high 3861.

CPO Futures Sell if 6pm 3817 or lower

Palm oil futures for hourly indicator will turn sell if 6pm close at 3817 or lower, based on the high 3861.
The target of 100 ticks at 3863 almost hit in the afternoon trading session. If you wish to protect some of your profit, reduce some of your buying positions by putting sell stop at 3843.

CPO Futures Sell if 4pm 3796 or lower

CPO Futures hourly indicator will remain holding buy 3763 unless 4pm at 3796 or lower.

Palm oil price had hit the 80 points target at 3843, if the 100 points target at 3863 not hit in afternoon session especially after 5pm, some profit taking should be initiated.

Palm Oil Futures Sell if 1230pm 3790 or lower.

CPO Futures hourly indicator will turn sell if 1230pm at 3790 or lower, based on high 3850.

CPO Hourly Indicator For Year 2011

Please be informed that the page for "CPO Hourly Indicator" had been adjusted for year 2011. However, it is still backdated and started from October 2010 for easy reference.
CPO Futures Hourly Indicator performed very well in November and December 2010 with accumulated profits over 500 ticks in 2 months.

Palm Oil Futures Will Remain Buy 3763

CPO Futures hourly indicator will remain holding buy 3763 unless 1130am at 3748 or lower.