Tweet this

Dealing Desk Hotline

(603)-2181 8848

Global Markets Analysis – 08 November 2017

A commentary written by Tony Tong





小结:美盘豆油昨日晚间出现“强势”特征,在前期多空拉锯战中,长线多头主力力量还是胜出一头,考虑到美盘豆油昨日晚间阳K线夺回失地,不排除强势扭转短线的回落整理走势 ,为谨防突破前期毛刺新高——我们今天操作建议:空单平仓离场操作,望散户朋友严格执行该紧急操作建议,我们始终根据市场最新盘面特征,把防范风险摆在第一位,至于盈利多少那属于第二位的。

• US soybean oil climbed for second consecutive day on Tuesday, indicating the upward momentum is strengthened.
• CTraders may pay close attention to the recent resistance on US soybean oil, we do not rule out the market might have a downward correction.
• Currently, our main focus is to secure investors’ capital and the second is profit taking on the trading.

• Retail traders are strongly recommended to liquidate short positions for securing capital.

This post is contributed by OPF Guest Blogger, Tony Tong.

Tong used to be a capital market service rep licensed by China Futures Association. He became a professional independent trader later on. He has more than 10 years of personal experience trading in commodity futures market and is adept at cross-market analysis to identify trading opportunities. He uses fundamental analysis to filter out the best investment products and technical analysis to determine entry and exit points and consider his trading style as moderately conservative while at the same, is also very good at medium-term position trading based on technical charts.

Subscribe to OPF Blog via Feed Reader or Email

DISCLAIMER: This post is written for general information only. The author, publisher and/or any third party involved in the distribution of this work assume no legal responsibilities and shall have no liability whatsoever for any direct or consequential losses, costs or expenses arising from the use of the information contained herein.


Share and Enjoy:
[] [Digg] [Facebook] [Google] [Mixx] [MySpace] [Twitter] [Windows Live] [Yahoo!] [Email]

Post a Comment

Displayed next to your comments.

Not displayed publicly

If you have a website, link ti it here


OPF reserves the right to delete comments that are snarky, offensive, or off-topic. If in doubt, read our Comments Policy.