Tuesday 15 March 2011

Palm Oil Sell Stop Hit 3305

CPO Futures hourly indicator hit stop loss 3305. However, if trader put the order before market open, stop loss will be hit at 3250. Therefore, never place stop loss order before market open.
CPO Futures hourly indicator will only turn sell if 1130am palm oil price is 3274 due to low 3250 was created this morning at opening.