Tuesday 31 August 2010

Long sept Soyabeans- position closed

I have taken the profit at 1020.25 and am flat on all lots. Perhaps this market has more to give but i try to adhere to my initial trading plan although on the downside now i have given up my position totally it will be v difficult to get back in. Price could go to the 1027 area where several classic Andrews forks have C-Lines and indeed a failure to reach there would signify a price failure even though the modified CL has been reached.


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