The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
Tuesday, 14 August 2012
STC 2858 DMI 2952 KEY 2946
Based on the low 2825 yesterday, daily stc indicator will do a stop and reverse buy once the crude palm oil futures price is closed above 2857 at 6pm today. Daily dmi indicator and daily key indicator will only do a stop and reverse buy if only the crude palm oil futures price is traded 2952 and is closed above 2945 respectively today. Otherwise remain holding short 2994 KEY, 2946 STC and 3056 DMI.
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