Monday 12 May 2014

Palm Oil Sell If 1130am Below 2560

The cpo futures hourly key indicator is remained its long 2567 initiated since 1230pm last Friday unless cpo futures price is traded 2559 or lower at 1130am today.

The accumulated profit as of last traded stop and reverse level 2567 is 12 ticks. We will not include the floating profit of 10 ticks at 2577 close until there is another stop and reverse trade being initiated which may be a good profit or bad losing trade.