Will we have 14 stop and reverse trade signals with 12 losing trades that can seriously break traders' necks at 6pm close today!
Buy if 6pm is closed 2295 or higher. (about 45 minutes from now!)
Gross monthly accumulated losses per contract size basis for November has another new high for this year it is a buy signal at 6pm!
Feel the fear? If not, please read this - How Many Stop And Reverse Trades In 3 Months
1st - Sell 2328 loss 34 ticks
2nd - Buy 2345 loss 17 ticks
3rd - Sell 2345 break-even (still a loss)
4th - Buy 2362 loss 17 ticks
5th - Sell 2345 loss 17 ticks
6th - Buy 2330 profit 15 ticks (extra 50 ticks bonus from rollover! Go shopping :) !!!)
7th - Sell 2306 loss 24 ticks
8th - Buy 2319 loss 13 ticks
9th - Sell 2281 loss 38 ticks
10th - Buy 2301 loss 20 ticks
11th - Sell 2283 loss 18 ticks
12th - Buy 2299 loss 16 ticks
13th - Sell 2289 loss 10 ticks
Focus on the short 2289 now unless the next stop and reverse buy trade signal is triggered at 6pm today as mentioned above.
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(6pm write-up) Will we stop at 13 stop and reverse trade signal in this November? Short 2289 is holding on.
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(25/11/2015 @ 525pm write-up) The short 2289 will have to do a stop and reverse buy trade if cpo futures price is closed 2289 or higher at 6pm later today.
If it is triggered, it will be the 14th stop and reverse trade signal.
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(25/11/2015 @ 6pm write-up) We have the 14th stop and reverse trade signal!!! It is a long at 2300.
14th - Buy 2300 loss 11 ticks.