Crude Palm Oil (CPO) Futures Review 29052012

Qoute on picking bottoms and tops

�  "Don't bottom fish" - Peter Lynch.

�  "Don't try to buy at the bottom or sell at the top" - Bernard Baruch

�  "Maybe the trend is your friend for a few minutes in Chicago, but for the most part it is rarely a way to get rich" - Jim Rogers.

�  "I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms." - Paul Tudor Jones.

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CPO BOX TRADER

 

3036 become a critical pivot area…  here a retrace / where to short area and support / where to PT ( Profits Taking Area )

 

Shorting Area for a Retracement if market fail to breakthrough 3036

 

3262 – 3332 – 3401

 

Long Area / Profit Taking Zone if market manage to breakthrough from 3036 factor

 

2670 – 2444 –  2217  – 2078

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Day Trade

~ Tokan Corner recipe

 

Support

 

3122    3107    3091    3075    3059    3044

 

Resistance

 

3166    3181    3197    3213    3229    3244

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Last Tips find the similiarity between Day trade Tips and Box Traders tips to find best ” Entry “.

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