Monday 12 October 2015

8th Trading Day Of October 2015

MPOB official supply and demand figures was released 1230pm today. Production in September was 1.959 mt or about 4.5% lower as compared to August. End month stock in September reached 2.628 mt or about 5.5% higher as compared to August.

Read back previous post and readers traders will be able to compare the expectation from the Bloomberg survey.

We will probably be able to see stop and reverse buy trade signals today! Keep doing your data collection, enjoying fear and greed while thinking of multiple losing trades!

Go to September 2014, year 2014 ok! Read from there until December 2014, readers traders may probably feel what we wish to elaborate in this three months.