Showing posts with label CPO. Show all posts
Showing posts with label CPO. Show all posts

Wednesday, December 9, 2009

CPO 8th Dec 2009

As yesterday,
No position established

Results.
1 safe, 2 con,11 losses, 16 win.
Average +491points/lot.

outlook,
if 2491 and 2502 is holding well, possible CPO might seen at bottomed.
if break 2533 first bullish signal

Monday, December 7, 2009

CPO 7th Dec 2009

As yesterday,
No position established

Results.
1 safe, 2 con,11 losses, 16 win.
Average +491points/lot.

Outlook,
bullish but rersistance 2604, 2658

strategy,
if not lower 2510, 2463, 2445, apply long and hold strategy

Thursday, December 3, 2009

CPO 4th Dec 2009

As yesterday,
No position established

Results.
1 safe, 2 con,11 losses, 16 win.
Average +491points/lot.

Outlook,
CPO low is 2463, 78.6% is 2458. seems not reach any projected levels.
However, big symmetric triangle form in hourly chart.
thinking complex correction formed. Wave C seems to touch 2458 levels.

Strategy,
wait and see.
lower 2458, short,
above 2458, long.

Wednesday, December 2, 2009

CPO 3rd Dec 2009

As yesterday,
No position established

Results.
1 safe, 2 con,11 losses, 16 win.
Average +491points/lot.

Outlook,
CPO also trend deciding moment
78.6% is 2504. yesterday high at 2510.
if tomorrow break lower than 2477, then major correction might be happen
if tomorrow break at 2504, then long, cut loss at 2480.

Tuesday, December 1, 2009

CPO 2nd Dec 2009

As yesterday,
Long position @2172 took profit at 2218, profit 36 points

Results.
1 safe, 2 con,11 losses, 16 win.
Average +491points/lot.

Outlook,
CPO seems bullish. however, must be able to hold above resistance levels at 2504 and 2521

Strategy,
long if break 2510, cut loss at previous 15 min bar low
long if break 2521, cut loss at previous hourly bar low

support seen at 2548. 78.6% fibonacci support levels

Wednesday, November 4, 2009

CPO 4th Nov 2009

As yesterday,
Long position established @2172.

Results.
1 safe, 2 con,11 losses, 15 win.
Average +455points/lot.

Outlook,
choppy day
retrace 61.8%@2160.
irregular correction, B is higher than 5 by 1 point. complete at 123.6%@2154

strategy,
seems like wave 2 complete.
should be wave 3 on the way.

Tuesday, November 3, 2009

CPO 3rd Nov 2009

As yesterday,
Long position established @2172.

Results.
1 safe, 2 con,11 losses, 15 win.
Average +455points/lot.

Outlook,
retrace 61.8%@2160.
irregular correction, B is higher than 5 by 1 point. complete at 123.6%@2154

strategy,
seems like wave 2 complete.
should be wave on the way.

Monday, November 2, 2009

CPO 1st Nov 2009

As yesterday,
Long position established @2172.

Results.
1 safe, 2 con,11 losses, 15 win.
Average +455points/lot.

Outlook,
Pull back a bit.
support at 2130

strategy,
seems like wave 1 only complete.
wait wave 2

Friday, October 30, 2009

CPO 30th Oct 2009

As yesterday,
Long position established @2172.

Results.
1 safe, 2 con,11 losses, 15 win.
Average +455points/lot.

Outlook,
retracement at 50%
support at 2142 and 2100.

strategy,
wait til this wave 3 and wave 4 complete first, then only add position after wards.

Thursday, October 29, 2009

CPO 29th Oct 2009

As yesterday,
No position established.

Results.
1 safe, 2 con,11 losses, 15 win.
Average +455points/lot.

Outlook,
seems like minor Wave 5 finished.
Rising wedge seems formed in hourly chart
Should be short term bearish. support at 2100 regions.

strategy,
stay out awhile

Wednesday, October 28, 2009

CPO 28th Oct 2009

As yesterday,
No position established.

Results.
1 safe, 2 con,11 losses, 15 win.
Average +455points/lot.

Outlook,
seems like minor Wave 5 finished.
Rising wedge seems formed in hourly chart
Should be short term bearish. support at 2100 regions.

strategy,
stay out awhile

Tuesday, October 27, 2009

CPO 27th Oct 2009

As yesterday,
No position established.

Results.
1 safe, 2 con,11 losses, 15 win.
Average +455points/lot.

Outlook,
seems like minor Wave 5 finished.
Rising wedge seems formed in hourly chart
Should be short term bearish. support at 2000 regions.

strategy,
stay out awhile

Monday, October 26, 2009

CPO 26th Oct 2009

As yesterday,
long @2113 ( Jan), half was took profit at 2155, another half at 2237
average price 2196, 83profit points
no position holding

Results.
1 safe, 2 con,11 losses, 15 win.
Average +455points/lot.

Outlook,
Wave 5 continue.
Rising wedge seems formed in hourly chart
support at 2194 and 2154 become very important.

strategy,
stay out awhile

Friday, October 23, 2009

CPO 23th Oct 2009

As yesterday,
long @2113 ( Jan), half was took profit at 2155.
profit 42 points

Results.
1 safe, 2 con,11 losses, 14 win.
Average +372points/lot.

Outlook,
Wave 5 continue.
Rising wedge seems formed in hourly chart
support at 2194 and 2154 become very important.

strategy,
place stop near.
possible might calculate wrong wave count.
if break lower, must take profit fast.

Tuesday, October 20, 2009

CPO 20th Oct 2009

As yesterday,
long @2113 ( Jan), half was took profit at 2155.
profit 42 points

Results.
1 safe, 2 con,11 losses, 14 win.
Average +372points/lot.

Outlook,
Wave 5 continue.
sky is the limit.

strategy,
hold long position all the time, cut loss at 2095

Monday, October 19, 2009

CPO 19th Oct 2009

As yesterday,
long @2113 ( Jan), half was took profit at 2155.
profit 42 points

Results.
1 safe, 2 con,11 losses, 14 win.
Average +372points/lot.

Outlook,
Wave 5 continue.
sky is the limit.

strategy,
hold long position all the time, cut loss at 2095

Friday, October 16, 2009

CPO 16th Oct 2009

As yesterday,
short position covered @2132 @2112, average @2120
profit 68 points/ lots
turn long @2113 ( Jan)

Results.
1 safe, 2 con,11 losses, 14 win.
Average +372points/lot.

Outlook,
Wave 5 continue.
sky is the limit.

strategy,
hold long position all the time, cut loss at 2095

Thursday, October 15, 2009

CPO 15th Oct 2009

As yesterday,
short position established @2188

Results.
1 safe, 2 con,11 losses, 13 win.
Average +304points/lot.

Outlook,
possible to retrace
if not break 2100, then long on dip.
support 2082.

strategy,
wait to long on dip

Wednesday, October 14, 2009

CPO 14th Oct 2009

As yesterday,
long @2120 took profit at 2145, profit 25 points

Results.
1 safe, 2 con,11 losses, 13 win.
Average +304points/lot.

Outlook,
possible to retrace
if not break 2100, then long on dip.
support 2082.

strategy,
wait to long on dip

Tuesday, October 13, 2009

CPO 13th Oct 2009

As yesterday,
still holding long @2120

Results.
1 safe, 2 con,11 losses, 12 win.
Average +279points/lot.

Outlook,
got to break 2154 and 2188 levels.
else, there is still possibility for down trend

strategy,
change stop to 2130.