Friday 27 May 2011

Palm Oil Buy If 1130am 3433 And Above

CPO Futures hourly indicator will cut loss and turn buy if palm oil futures price is traded above 3432 at 1130am today.
This month accumulated loss has reached 129 ticks so far which is the worst month for the past 5 months if the indicator cannot make profit next 3 trading days that is included today. The past 4 months profit - January (+4), February (+213), March (+236) and April (+216).