As yesterday,
CPO short position cut loss at 2033.
losses 23 point/ lot
Result:
0 safe, 0 con, 1 loss, 2 win.
For CPO,
CPO rebound.
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 >2100, Bull trend is confirm establish. Wait for price to long.
If CPO <2070, encourage to hold short position but cut loss will be previous hourly bar closing on close.
If CPO<2016, 30% bear rally continue. short. cut loss at previous hourly bar high on close.
If CPO<2000, 50% bear rally continue. short. cut loss at previous hourly bar high on close.
If CPO<1980, confirmed bear rally continue. short. cut loss at 2000 on hourly closing.
CPO now is almost tail-end for this bear trend.
Advice only go in for 10% fund.
Wait for large trend to come.
Best of trading days.
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CPO, 2051 possible is strong resistance levels.
ReplyDeletewait for hourly bar closing first. don't hasty. calm down
ReplyDeleteCPO, hold short position. cut loss if hourly chart where stop put at 2060.
ReplyDeleteretype.
ReplyDeleteCPO, hold short position, cut loss if hourly chart break new high, stop put at 2060.
this time is not on closing, purely just based on high. of hourly chart.
actually, i break my rule, i should have wait to break 2045 in hourly chart first...
ReplyDeletebut since position already establish. follow cut loss at 2060.
ReplyDelete