Wednesday, July 15, 2009

CPO 16th July 2009

As yesterday
No position is established.

Results:
0 safe, 0 con, 1 loss, 3 win.

For CPO,
As expected. Choppy trading day.
looking to short if previous high at 2181 not break higher.

However, best choice still is stay out from market.

If CPO >2180, bull trend confirm. but wait for better entry.

If CPO < 2097, short, cut loss at 2140 + 5.
If CPO < 2085, short, cut loss at previous hourly bar high + 5

All the best in trading.

1 comment:

  1. Suprisingly, CPO gap down!!!

    if break 2000, bear rally continue.

    ReplyDelete