The FCPO long 2199 had cut loss and turned short again at 2163 at 4pm just now, 3rd losing trade!
We will focus on the short 2163 from now on. We will post a stop and reverse buy trade signal when we get a clear signal again.
The FKLI long 1779.5 is under pressure now with stop and reverse sell trade signal at 1795.5 at close 515pm which is still far below the current level but we are expecting the trade signal will be adjusted much higher after closing today.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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