Tuesday, July 28, 2009

CPO 28th July 2009

As yesterday,
no position established.

results;
0 safe, 0 con, 4 losses, 3 win.

outlook,
bearish but almost tail end.
aiming 1930.

strategy,
if above 2134, turn bullish
if above 2116, stay out, mild bullish.
if below 2090, bearish signal, short, cut loss at hourly high+10 points.
if below 2063, bear trend continue, short, cut loss at hourly high +10 points.

All the best in trading

2 comments:

  1. CPO seems topped around last%@2140
    wait first.

    short once 2120 break, cut loss at 2140 + 10 points.

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  2. CPO rebound, resistance at 2136 and 2140. if break 2120, cut loss at previous high

    ReplyDelete