Today, cpo futures hourly indicator will cut loss and turn buy if 1130am palm oil price at 3772 or higher.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
Monday, 24 January 2011
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.
The Most Popular Posts
-
This is about a plan in publishing the stop and reverse trade signals for the whole year 2016 without giving a single comment and also witho...
-
101indicators On Futures Trading book was published in year 2014 through print on demand technique to reach out CPO Futures traders who wis...
-
The CPO Futures's stop and reverse trade signals in year 2017 had generated accumulated gross profit 21 ticks ONLY based on the 101ind...
-
681 points accumulated theoretical gross profit in year 2020 was basically helped by a single trade in January 2020 that being carried forwa...
-
Dear traders, please be informed that all palm oil export data from both palm oil cargo surveyors, Intertek Agri Services and SGS Malaysia, ...