Just to repeat the previous write-up, the stop and reverse trade signal in the short term technical trend indicator Y will always be far away from the top and bottom futures market prices. Therefore, it is really looked painful in giving up good floating profits but this is considered part of the game in technical trend trading that cannot be helped.
For example, FKLI may have its stop and reverse sell trade signal below 1785 which is actually far away from the top 1817.5 while FCPO may have its stop and reverse trade signal above 2250 which is actually far away from the bottom 2251.
We will publish a post when the stop and reverse trade signal is clear or is being triggered.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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