Daily dmi indicator is still holding on long 3285 since 8th March while daily key indicator is holding on long 3168 since 13rd February. Both stop and reverse sell signals at 3494 and 3181 respectively today.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
Friday, 13 April 2012
Daily STC Short 3559 Yesterday
Daily stc indicator hit with 2 losses in 3 trading days. First it sold 3575 with profit 43 ticks on 9th April against its long 3532 on 2nd April. It long 3613 on 10th April with 38 ticks loss again 3575 short. It turned short again yesterday 3559 with 54 ticks loss. It will cut loss turn long if 6pm cpo futures is closed above 3616; otherwise, hold on short 3559.
The Most Popular Posts
-
This is about a plan in publishing the stop and reverse trade signals for the whole year 2016 without giving a single comment and also witho...
-
101indicators On Futures Trading book was published in year 2014 through print on demand technique to reach out CPO Futures traders who wis...
-
The CPO Futures's stop and reverse trade signals in year 2017 had generated accumulated gross profit 21 ticks ONLY based on the 101ind...
-
681 points accumulated theoretical gross profit in year 2020 was basically helped by a single trade in January 2020 that being carried forwa...
-
Dear traders, please be informed that all palm oil export data from both palm oil cargo surveyors, Intertek Agri Services and SGS Malaysia, ...