Friday 1 April 2011

CPO Futures March Accumulated Profit 236 Ticks

Accumulated profit for the month of March for CPO Futures hourly indicator is 236 ticks or RM5,900 per contract based on the entry and exit price of the indicator, excluded the strategy of maximisation on profit targets.
Today the profit targets 3352 and 3372 both should be done at better price at 3380 at the opening of CPO Futures trading on Bursa Malaysia Derivatives.
Based on high 3383, CPO Futures hourly indicator will turn sell if palm oil price is 3344 or lower.