As yesterday,
All CPO position took profit at 2096 and 2093 levels
on average, CPO profit 170point/lot
no more position occur.
Results:
0 safe, 0 Con, 0 loss, 2 win
For CPO
yesterday hit my projected figure.
temporary stay out from CPO market.
only trading for short term
Outlook:
Bullish. if 2075 not break
Strategy:
If CPO < 2209, bearish, short for short term trading
If CPO >2209, stay out, wait to long. uptrend is 50% confirmed
If CPO 2175 < x < 2210, looking to short for short term.
If CPO 2075 < x < 2100, looking to long.
Cautious, trend is about to change. Trade cautiously. Preserve capital. Looking new trend to establish.
Look for moving's product such FKLI.
CPO soon is the major focus.
1 lot = 60k - 200k profit.
All the best in trading.
Saturday, July 4, 2009
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Soybean oil and crude oil now plunge.
ReplyDeleteCPO market will become choppy.
Support still remain same at 2100 - 2075 region. break this level shall indicates next support 1930.
lucky din go in for CPO
ReplyDeleteCPO seem damn sideways..........shit
ReplyDeletelucky didn't go in.
Wait for clearer picture.