Thursday 3 March 2011

CPO Futures Buy If 6pm 3628 Or Higher

CPO Futures hourly indicator will cut loss and turn buy signal if 6pm palm oil futures is closed at 3628 or higher, similar to the earlier 5pm indicator signal.
Buy stop order can be placed at 3618 for traders who do not wish to risk the overnight position further if palm oil price is still remaining above selling price 3588 before 6pm.