Demetriostrades

Soybeans in down trend

OANDA:SOYBNUSD   CFDs on Soybeans
You have to understand predicting the market isn't rocket science. Infact if you discount the time it goes sideways it will go either up or down. If you understand the supply and demand are around support and resistance areas you have likely price targets.

So say we can assume there's a 99% chance it will eventually get to 7 or 9 bucks. You could then flip a coin and 50% of the time you'd be right.

Something to consider when you hear ridiculous things like oh he controls the price of soy beans! No. It's about studying prices and making deductions. Traders then make decisions based on those deductions. So you see it isn't magic. And it isn't nefarious forces. And it would be great if the liberal media would study more before making absurd claims.

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