The indicator Y long 2177 on FCPO short term technical trend trading will come to an end at 5pm if cpo futures price is last traded below 2193 at the 5pm time triggering a stop and reverse sell trade signal. Will it be the 7th multiple losing trades? If 5pm is below 2177, it will be the 7th multiple losing trades and will be very painful especially after seeing high 2250.
In short, the indicator Y long 2177 will have to do a stop and reverse sell once cpo futures is last traded 2192 or lower at 5pm in one hour time from now.
FKLI long 1779.5 will still have to wait its turn in stop and reverse trade signal, be it at 1820s 1830s or 1840s, but it will probably not happen at 515pm today! We will post the trade signal accordingly once the indicator Y trading guides has a clear signal.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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