While FCPO long 2177 is still finding its base for an uptrend to recover the multiple losing trades' losses with extra profit, the FKLI long 1779.5 may have done its best in generating " floating " profit over 60 points based on the short term technical trend indicator Y trading guides.
Without taking into consideration on any unforeseen circumstances, FCPO long 2177 will not be able to find its stop and reverse sell trade signal in near future, creating the so called "fear and greed" that we always like to mention in out old posts. We will post a stop and reverse sell trade signal once we get the clear sign.
FKLI long 1779.5 may not be able to find its stop and reverse sell trade signal yet even though we know that it will have high probability in profit when the indicator Y turns sell signal. Thus, let see when the indicator Y turns sell signal and what will be the realized profit! FKLI reached 1843 before 9pm this morning when we finished our write up.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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