Monday 17 October 2011

FCPO Daily Indicators In Long Position

After turning selling on 22nd September, Daily DMI indicator finally turned buy at 2886 on Friday afternoon session while daily STC indicator turned buying 2864 on 12nd October at Wednesday market close.
DMI indicator made 130 ticks of profit against its selling 3016 while STC indicator made 145 ticks of profit against its selling 3009.
Today, daily DMI indicator will sell if palm oil futures is traded 2839 and daily STC indicator will sell if palm oil futures is closed below 2770 ( which is very low ).