Giving up the huge floating profits again from the low 2121, the indicator Y short 2188 on FCPO had finally done a stop and reverse trade at 4pm just now according to the short term technical trading guides as mentioned in the previous post.
In short, the indicator Y had taken very small profit and turned long 2183 at 4pm just now.
Therefore, our focus will be on the long side from now on until there is a stop and reverse sell trade signal appear for readers traders to digest.
As long as there is no any update on a new write-up about the indicator price, the long 2183 based on the indicator Y is deemed to be holding on.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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