Saturday, July 4, 2009

CPO 6th July 2009

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.

3 comments:

  1. Soybean oil and crude oil now plunge.

    CPO market will become choppy.

    Support still remain same at 2100 - 2075 region. break this level shall indicates next support 1930.

    ReplyDelete
  2. CPO seem damn sideways..........shit

    lucky didn't go in.

    Wait for clearer picture.

    ReplyDelete