Some positions of short 2172 may have a stop loss order being placed at 2145 to protect profit while waiting the stop and reverse buy trade signal to be triggered which is currently at high level using the hourly indicator Y trading guides.
The hourly indicator Y is having a high possibility of sharp drop in its stop and reverse buy signal below 2172 if cpo futures prices is closed above 2140 at 1130pm. The hourly indicator may be adjusted below 2155 or even lower near to 2140 level in next 1 or 2 trading sessions if cpo futures prices is traded above the closing price of 2131.
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, ...