For the 60-minute indicator Y to cut loss and turn long, cpo futures need to close 2178 or higher at 6pm today. It is holding on its short 2150 still since the 5pm last traded price was below 2188. If cpo futures is closed below 2178, then remain short 2150.
Again, it is crucial for traders to have a decisive trade at last few seconds traded prices if cpo futures is traded near its stop and reverse trade signal. Following technical trend indicators especially based on last traded prices will face a problem on trade decision that need to be made in last seconds before market close which is very near to a stop and reverse trade signal.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
The Most Popular Posts
-
This is about a plan in publishing the stop and reverse trade signals for the whole year 2016 without giving a single comment and also witho...
-
101indicators On Futures Trading book was published in year 2014 through print on demand technique to reach out CPO Futures traders who wis...
-
The CPO Futures's stop and reverse trade signals in year 2017 had generated accumulated gross profit 21 ticks ONLY based on the 101ind...
-
681 points accumulated theoretical gross profit in year 2020 was basically helped by a single trade in January 2020 that being carried forwa...
-
Dear traders, please be informed that all palm oil export data from both palm oil cargo surveyors, Intertek Agri Services and SGS Malaysia, ...