CFDs on Soybeans
Updated

Soybeans - Long Idea.

104
I think there will be a supply and demand issue with soybeans. The China trade issues heating up. I see upside on this tasteless little bean.

I probably wont trade this, laying out the technicals here, I have a wide stop as things could get real hairy.

That is a 2.2:1 RR.
Gets your stop below that $8 level. And the price target below a weekly 200 EMA.
Note
And there it is...a few days later a trade issue with soybeans..let's see what happens with the price. Not in a Trade.
Note
Seeing upside. Still not in this trade for various reasons.
Note
Keep on keepin' on
Note
big up day
Trade closed: target reached
Good enough for this cat

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