LEONES

May Soybean it's a buy

Long
CBOT:ZSK2013   SOYBEAN FUTURES (MAY 2013)
398 views
The trend is up. The market retraced again towards the up-sloping parallel line and seems ready for another move up. Seasonal usually strong. Buy May Soybean above today high with target 1500!

Comments

perfecta armonìa chartista + tècnica,
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it might be falling soon. careful
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LEONES ozatrading
thank you, i thought the same i'm out of it!
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dont know how to place charts here....but if you trade cocoa.... i am long from 2075 on may. news of deficit and LL.
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LEONES ozatrading
i'll have a look, today seems a bad day for bulls...
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LEONES ozatrading
why long, based on the news? the trend it's down for me
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yeah. i know it is not enough... but I had been trading it before heavily...LL was like a year ago...2050...i got some cars for long now...waiting for big boys to get long ( takes couple of days for news to swallow)....if it breaks down a lil...i get more...dont tihnk it would get lower then 2040..just based on this...i do not have much to lose here....and plus it is a swing trade.
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LEONES ozatrading
yes it seems a big support area but note that cocoa starts seasonal decline in this period..
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thx....will be careful! )
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LEONES ozatrading
how do you know about news of deficit and LL?
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