CPO: Hope ?
Posted by Labels: business opportunity Malaysia, CPO futures, CPO investment, create wealth, crude palm oil, Day trading CPO, how rich in CPO, make money, palm oil futures
The CPO ( Crude Palm Oil) futures for January contract open at 2260 and closed at 2246 last Friday. The highest was at 2254 and the lowest was at 2230. The market ended lower with a black bar with a difference of a point from the day before.
The market did not open within the one of the suggusted forecasts, so no action for last Friday! In fact for the past one week, not even one trade was in action! No action means no money was lost........yabadabadoo...
Today
The forecast for today ;
1) If the market opens between 2241 to 2256. Sell after the market has moved up 7 points above the opening level.
2) If the market opens between 2257 to 2262. Buy after the market has moved up passing the levels between 2267 to 2272.
3) If the market opens between 2230 to 2240. Sell after the market has fallen down passing the levels between 2220 t 2225.
4) If the market opens between 2247 to 2252 ( overlapping to #1). Sell after the market has dropped passing down the levels between 2236 to 2241.
5) If the market opens between 2215 to 2229. Sell after the market has moved up a bit and then falls 5 points below the opening level.
OR ( before 11.40a.m.)
6) If the market opens between 2230 to 2265. Sell after the market has broken the level 2229 and then moves up to the levels between 2260 to 2265.
7) If the market opens between 2220 to 2229. Sell after the market has moved up to the levels between 2260 to 2265.
8) If the market opens other then the above, it is your call...
9) Also refer to my posting dated 12th January , see #6.
If you are not sure, just contact your dealer or the person as in the picture above..... ( looks quite fimiliar, don't you think so?).....
Have a nice trading day, guys....
P/s .....no p/s today....
8.47am
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