As yesterday,
No position.
Results:
0 safe, 0 con, 1 loss, 3 win.
For CPO,
As expect. Market drop. but i didn't enter position as i choose to stay out from CPO market.
However, tomorrow is very crucial for CPO
If CPO >2020 - 10 points, CPO would rebound. long. cut loss on hourly bar low - 10 points or 2020 - 10 point, which ever is lower. profit target at 2140.
If CPO <2000 - 10 points, CPO confirm bear continue. target price at 1930 still stands.
However, if break 2000, then resistance at 2070 is confirmed.
All the best in trading!!!!!!!!
Thursday, July 16, 2009
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CPO open higher.
ReplyDeletesupport 2020, cut loss at 2010
long CPO,profit target at 2140
resistance at 2070. have to be careful there.
ReplyDeleteif cant break there, must take profit fast.
CPO stop change to 2045.
ReplyDeletechange CPO stop to 2050
ReplyDeletecpo position out.2055
ReplyDeleteprofit 15 point/lot
ReplyDeletewait and see, prepare to hold short
ReplyDeleteCPO, short position established.
ReplyDeletesold @2052,
cut loss at 2064 + 5 point higher.
CPO open higher
ReplyDeletestop remain at 2069
stop triggered
ReplyDeleteloss 17 points.
CPO, temporary wait, direction is getting clearer
ReplyDeleteCPO support seen at 2054 - 2045 range.
ReplyDeletestill establish short position once 5 min chart close below the range, while stop put at 2076 + 5 point.