The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
Monday, 13 August 2012
STC 2891 DMI 2959 KEY 2984
There is only the daily stc indicator that near to the closing price of palm oil futures on Friday. It will turn long once the palm oil futures price is closed above 2890 which is just 8 ticks away from the closing price.
Daily dmi indicator will turn long once 2959 is traded on the palm oil futures price.
The market will have to close above 2983 to initiate the buy signal for the daily key indicator today.
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