Tuesday, March 15, 2016

FCPO in 'coiling the spring' mode on 15 min....

Meantime a story on how 'they' manipulate the numbers in order to manipulate the cpo market.

Normally the so called cargo surveyors come out with their estimates for cpo exports based on port container movements. Data is released on the 15th of the month for the first 1-15 days of that month. However this month they(ITS) had two data releases; one yesterday which showed cpo exports grew by 7% for day 1-14 of March, and this morning another set of numbers showing cpo exports grew by 10.5% for days 1-15 of March.

Now they will utilise SGS to further maniuplate the prices. probably use ITS to accumulate positin and then SGS to move the price in their favour....

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"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore Manchester City FCl Crude Palm Oil

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