Soybeans look like a solid R:R long right here. Even reaching the top of the accumulation, at $12.5 a point (for the micros, $12.5 a tick for full size Soybeans), looks like a good bet to me.
Trade active:
I am currently long XKN targeting a daytrade level higher. If that target gets hit, then I'll look for a long add on a pullback.
I want to play soybeans mostly long as long as they keep price above 820'0.
I want to play soybeans mostly long as long as they keep price above 820'0.