Friday 9 May 2014

Palm Oil Buy 2567 At 1230pm

The cpo futures hourly key indicator bought back the same price on its short 2567 and turned long 2567 at 1230pm just now. This is considered to be break-even in its accumulated profit and loss update even though there is cost of trading in it. Therefore, please take note that the accumulated profit is remained 12 ticks per contract size basis which is just a gross profit and loss figure being record.

The hourly key indicator will hold long 2567 from now on until 4pm. If 4pm cpo futures price is below 2558, cut loss and turn sell.