In order for the short position to remain in tact, the beans need to break to new lows withing the next 2 trading sessions otherwise we will exit the trade with a small profit and await yet another potential set up trade.
Wednesday, May 7, 2008
Soybeans Update - Do or Die Time
Time is not on our side here with the Soybean trade as they seem to have hit a strong floor of support.
In order for the short position to remain in tact, the beans need to break to new lows withing the next 2 trading sessions otherwise we will exit the trade with a small profit and await yet another potential set up trade.
In order for the short position to remain in tact, the beans need to break to new lows withing the next 2 trading sessions otherwise we will exit the trade with a small profit and await yet another potential set up trade.
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