This is a stop and reverse trade signal at 1130am today according to the hourly indicator Y trading guides that is the long 2185 will have to cut loss turn selling if cpo futures price is last traded 2146 or lower at 1130am.
This is based on the existing data without taking into consideration of any higher high lower data market price and any unforeseen circumstances. We will publish the stop and reverse trade price of 1130am once the price is confirmed after 1130am today.
It seems that the 10th multiple losing trades cannot be avoided after cpo futures price was kept trading below 2185 in last few trading sessions. The year 2014 performance will definitely be affected badly even though it is still a profit.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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