Seeing the index futures 1830 high yesterday against its long 1779.5 using the indicator Y as given in previous posts might make some readers traders great satisfaction but here we wish to emphasize again on multiple losing trades to remind readers traders the kind of pressure that you need to be really discipline enough.
Profit is not so important than losing trades in this CPO Futures blog since we still believe that once a trader can limit its losses, making a fortune is no longer an issue in trading success.
The indicator Y long 1779.5 will probably come near to its stop and reverse trade soon since it is really hard to reach again 1830 high after seeing the sharp drop of Dow Jones overnight unless there is a "manipulation" of the 30 component stocks!
FCPO short 2153 using the indicator Y is still finding "no" stop and reverse buy trade signal! So, ride on your "fear and greed"!
We will post the stop and reverse sell trade signal for FKLI FCPO once there is a clear signal one hour in advance.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
The Most Popular Posts
-
This is about a plan in publishing the stop and reverse trade signals for the whole year 2016 without giving a single comment and also witho...
-
101indicators On Futures Trading book was published in year 2014 through print on demand technique to reach out CPO Futures traders who wis...
-
The CPO Futures's stop and reverse trade signals in year 2017 had generated accumulated gross profit 21 ticks ONLY based on the 101ind...
-
681 points accumulated theoretical gross profit in year 2020 was basically helped by a single trade in January 2020 that being carried forwa...
-
Dear traders, please be informed that all palm oil export data from both palm oil cargo surveyors, Intertek Agri Services and SGS Malaysia, ...