Monday 16 February 2015

Indicator Y s2281 L1801.0 - The 3rd Losing Trade

The long 1801 on Friday's close on FKLI short term technical trend indicator Y was the 3rd losing trade in February. The multiple losing trade had accumulated loss 36 index points in total 3 stop and reverse trades. Read back the old posts if you wish to know the losing trades in details.

FCPO short 2281 based on the indicator Y trading guides is still struggling with the "fear and greed" situation! After turning sell, cpo futures prices had traded high 2312 and low 2771. There will be no stop and reverse trade signals in the morning sessions even in afternoon sessions if the futures contract keeps trading below 2300 level.

(updates may not be available in next few trading session!)