The hourly indicator Y long 2153 had seen its floating profit of 62 points at high 2215 yesterday on cpo futures trading. However, it is still a long journey to recover its losses incurred by the 11 multiple losing trades.
It is believed that the stop and reverse sell trade signal will not be triggered today and therefore it will hold on its long 2153 carrying overnight again. Will it be carried over to next year? Yes if it is a profit trade; No if it is a losing trade!
We will keep monitoring the upcoming stop and reverse trade signal and will post an update once there is a clear signal one hour in advance for readers traders to digest.
Merry Christmas to All Christian readers traders.