Tuesday 31 August 2010

Long sept Soyabeans













The modified Schiff fork (orange) works a treat and on entry i was risking 4 points (the bid/offer spread being 1pt) with a objective of 10 points at the 1020 where i will take partial profits and whack a trailing stop on the balance.












Heres a quick update a 1712 euro time...progress on the upside but a reaction line holding price back. Obviously want to guard against a px failure in the event of not getting to the various CL's so will endevour to move stop to B/E ASAP

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