Wednesday 14 May 2014

39 Ticks Of Profit At High 2606

The cpo futures hourly key indicator is still holding on its long 2567 with 4pm stop and reverse sell signal at 2584 or lower later today.

Its floating profit is not over 30 ticks against its long 2567 and this may help to improve its accumulated profit for the month of May. The accumulated profit had been substantially reduced to only 12 ticks from 65 ticks as of last update when the hourly key indicator turned long 2567.

Readers traders must always remember that the stop and reverse trade signals in this blog will be affected by new lower low and higher high data over the hourly short term technical trend trading strategy; therefore, by the time at 4pm later today, the stop and reverse sell signal 2584 may be different and will not available to all in advance. No profit targets will be set in this blog for readers traders since everyone will have different kinds of greed strategy.