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.

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