Thursday 15 May 2014

Sell If 1130am Below 2603

The cpo futures hourly key indicator long 2567 will have to do a stop and reverse sell if the 3rd contract month price is traded 2602 or lower at 1130am today. Otherwise, hold on the long 2567 if readers traders are just following the simple stop and reverse trade signal.

At high 2614 yesterday, the profit range had reached 47 ticks against its long 2567. Therefore, it is believed that the trade will be a profitable trade after being hit with multiple losing trades.