Wednesday 7 May 2014

Buy If 4pm Is Above 2568

Repeat Again... Without considering the lower low or the higher high in the short term technical trend trading chart that may affect the stop and reverse trade signal, the trade signal is now for 4pm that will be cut loss turn buy once it is 2569 or higher at 4pm sharp later today. Or else, remain holding short 2566. 

The cpo futures hourly key indicator is a short term technical trend trading indicator and sometimes may be affected by those lower low or higher high data in its computation. Therefore, I wish to keep repeating all trading rules that I write here in order to alert readers traders that the SAR 2569 may be different by the time come at 4pm once there is a change in the lower low or higher high.