Soybean Complex Rally

S

Shagi

We will be taking aggressive ZL long positions tomorrow on the open as the soybean complex takes off with an ooomph. Stay Tuned :D
 
We will also be taking long & long term positions in the soy elephant contract. Whilst we dont use fundamentals we are happy for ongoing Chinese shenanigans with the Argentina crop.
 

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Quote from Shagi:

..........Whilst we dont use fundamentals ............
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You only see the bottoms in the consolidation pattern you posted? One might say your chart also shows four tops.

FourTopsBackWhereIBelong1983.jpg
 
Quote from Shagi:

We will be taking aggressive ZL long positions tomorrow on the open as the soybean complex takes off with an ooomph. Stay Tuned :D
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I like your call and hope its dead on. Have been long SN @ 960 and enjoyed the bullish close today.
 
Quote from ess1096:

You only see the bottoms in the consolidation pattern you posted? One might say your chart also shows four tops.

FourTopsBackWhereIBelong1983.jpg
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Beauty is in the eyes of the beholder - I guess thats the difference yeh:p
 
Out of ZL - small loss- GoldmanS debacle is BSsing all over all markets - but ZS holding strong - though some fanatstic opportunities fell on the way today on strong trending markets like Palladium/Platinum & Ausssie Dollar
 
I will be paying close attention to the dollar tommorrow which could lead to an inverse rally in commodities as dollar appears finished. That could be IT for DX in the near term. How crazy can things get Aussie paying 4.5% and yet dollar gains???
 
Quote from Shagi:

Out of ZL - small loss- GoldmanS debacle is BSsing all over all markets - but ZS holding strong - though some fanatstic opportunities fell on the way today on strong trending markets like Palladium/Platinum & Ausssie Dollar
More...

I like beans rallying into the close. Looks like beans could really run.
 
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