Bursa KLOFFE was closed on weakness yesterday. you can see that from the reducing volume, low spread up bars. The question is whether it could defend the 1000 level. The pivot point was around 1001.50. I’ve shorted @ 1001 level and put my STOP LOSS @ 1007.50 because it seems like market is not [...]

Long at 2130 and STOP LOSS @ 2117. This is a technical rebound. So very short-lived trade. Need to exit immediately if turn sour.

Exit short trade before EMA crosses as Light Crude rebounded. Close short trade at 2113.

Right after the previous post, the Bursa CPO dropped immediately to approximately 2120. The higher volume down bar was the entry signal. I shorted at 2120 and out my STOP LOSS at 2145. Now since the price has dropped to 2090, I am trailing STOP LOSS to the point which the EMA crosses.
Meanwhile, we [...]

The Bursa CPO is marked down further following the big fall in Crude Oil yesterday. However, it is in an uncertain state right now due to small rebound in crude (near USD 92). No indication of strength coming in for any rebound yet, so it is still a bearish view. Not much interest in [...]