The hourly indicator Y short 2129 finally cut loss and turn long 2185 at 5pm.
This is the 9th multiple losing trade since November and 3rd losing trades in December. Accumulated losses in the 9 multiple losing trades is 339 points or RM8,475 losses per contract size. What a painful trades for the year 2014!
As usual, there will be no stop and reverse trade signal for next few trading sessions.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
Thursday, 11 December 2014
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