Missing by just 1 point of target 2287 on the cpo futures high 2286 at opening had almost 150 points in its second profit target after the 101 points 2238 first target being hit yesterday.
If greed overcame fear yesterday, traders sit tight and let profit run, there will be an extra of nearly 50 points per contract today. Again, it is "if"... because if fear struck in yesterday, traders would take profit at 2238 without taking the hourly indicator Y rules. Greed had won today if traders greedy for better profit!
The hourly indicator Y long 2137 will remain in Day 7 today since price is getting higher and still no sign of stop and reverse sell trade signal. Go to the learning corner to read about the weaknesses of the indicator Y as it is important to the weaknesses!
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, ...