Sunday, December 9, 2012

Hi all,
at the moment, there is still no sign that CPO price will go up (referring to all the indicators) although seasonally, this quarter is usually a BULL market for CPO - considering weather and output from the estate.

I trade SELL with very cautious, in case market data show decreasing in stock and increasing in demand, which shall cause the price of FCPO to jump up.

Tomorrow, MPOB data shall be released, so I decided not to take any trade in the morning (if there is any signal) and only resume trading once the data is out.


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