Wednesday 4 May 2011

Palm Oil Sell If 1130am 3264 Or Lower

CPO hourly indicator will cut loss and turn sell if palm oil futures price is traded below 3265 at 1130am today.
Avoid placing stop order before the opening bell of futures market. However, traders may put stop limit order for example Sell Stop 3252 Limit 3247 order to avoid unnecessary stop order price being triggered at the low end.