The hourly indicator Y short 2223 is getting comfortable with break even level at low 2187 today from its accumulated losses in November but it is still far away from its 153 points losses in the multiple losing trades. Again, forget about the profit first, it is more important to recover the losses and by how much will this trade generate.
After hitting low 2187, the short 2223 generated 36 points of floating profit which helped reducing the November accumulated loss (36 points too) to break even level. It is still no stop and reverse buy trade signals yet for the afternoon trading sessions at 4pm and 5pm, and even 6pm will probably get no buy signal too.
Readers traders who wish to put your own comments just feel free to write in the above survey or refer to the details in the learning corner - "a comment from reader trader" - in the right column of this blog.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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