As yesterday,
New CPO short position still holding.
cut loss change to 2035.
Result:
0 safe, 0 con, 1 loss, 2 win.
For CPO,
CPO bear trend continue.
Trend still yet to confirm is bullish but confident bear trend is near tail end.
Outlook:
Bearish. But tail end
Possible of turning bullish. Wait for signal.
Strategy:
Short CPO with 10% of funds.
If CPO >2035, short position cleared. take profit ( order placed in advance, not hourly closing)
If CPO <1982, mild short signal appear, short, cut loss 2003
If CPO <1964, bear trend continued. short signal appeared. short. cut loss at 2015.
CPO now is almost tail-end for this bear trend.
Advice only go in for 10% fund.
Wait for large trend to come.
observation:
'san po' effect detected.
today will be a big swing day.
Best of trading days.
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CPO open high.
ReplyDeleteprepare to get from market.
stop remain at 2035.
CPO stop triggered.
ReplyDeletetook profit at 2035.
temporary stay out from market.
focus on FKLI.
CPO loss direction.
CPO, critical resistance at 2040 and 2058.
ReplyDeletemight signal reversal if break this resistance levels.
follow plan. wait and see first.
ReplyDelete