Thursday 12 June 2014

5pm 2394 Missed 1 Tick

As 5pm last traded was 2394, the hourly key indicator short 2424 is remained. Therefore, if 6pm cpo futures price is closed 2395 or higher, it will trigger a stop and reverse buy signal for the short term technical trend trading indicator against its short 2424.

Readers traders must understand that it is sometime difficult to provide all the trade signals in advance due to a possible higher high or lower low between hourly data. Now you know that if 6pm is above 2394, it is a buy, but you may not get such update for tomorrow 1130am trade signal due to the above issue even though I have the trade signal at 1130am but not available in updating a post in this blog.