Friday, September 25, 2009

CPO 25th Sep 2009

As yesterday,
established long @2120

Results.
1 safe, 2 con,11 losses, 12 win.
Average +279points/lot.

Outlook,
possible bottom around 2100,
cut loss at previous low at 2070.

strategy,
if CPO >2205, uptrend resume.
if CPO >2188, confirm 80% uptrend resume.
if CPO 2188 < x < 2090, stay out, long on dip. cut loss if lower 2070.
if CPO < 2090, careful, might cut anytime
if CPO < 2070, cut market. turn short.

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