Thursday 24 February 2011

CPO Futures Buy 3450 At 5pm

CPO Futures hourly indicator took profit and turned buy 3450 at 5pm. However, the profit had been less ( only 63 ticks ) if we purely followed the indicator without setting a profit target.
CPO Futures hourly indicator will cut loss and turn sell if 6pm palm oil futures is closed 100 ticks below the buying 3450, that is 3350 or lower.