Thursday, March 1, 2012

CPO WHERE TO GO

Assalamualaikum wbt,

Expected CPO may go for downside correction if fail to break 3290 level by today. Reversal candle (doji) on 28th Feb 2012 showed the momentum had exhausted.  It may further down to 3180-3200 area.

Trading Strategy

A. Short term

1. SHORT if CPO close below 3270 and take profit at area 3180-3200

B. Long term

1. LONG at area 3200 and hold. Take profit at 3300-3350



"Good Luck"

-Charting The Uncharted-

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