Soybeans have momentum right now keep your eye on beans.
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Beans in the teens
- Thread starter myminitrading
- Start date
Man I am liking these soy beans, the spread is tight they are electronic and trend very well. The margin requirements are alot less the the index futures. One cent move equals $50. Lets see how this holds up I am just glad to have something to trade other than the index futures.
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AS a reaction to the high prices of wheat and corn and the potential overplanting of these crops, while less acres soybeans are being planted, it is possible, expected, that soybean prices rise.
Quote from Nick Leeson Jr:
AS a reaction to the high prices of wheat and corn and the potential overplanting of these crops, while less acres soybeans are being planted, it is possible, expected, that soybean prices rise.
What about ethanol and bio diesel? corn=ethanol....soy beans=bio diesel.
Quote from bunkinc:
May I inquire as to which charting software/feed those snapshots are taken from?
thnx
No problem. http://www.aspenres.com/