i love Gabita, thank you for helping me all the time!
This blog is geared towards improving my trading knowledge and recording my trades. I am not licensed to give financial advice. Trade at your own risk. It is your fault for losing in this money game.
Tuesday, May 8, 2012
Sugar #11 futures have carried out a good little short trade over the past couple of weeks. I remember passing on this short cuz i thought the next major support was too close, but i probably should have made the trade. The trade is not over yet but it would be at around $750 profit so far. It is resting at the major support right now, confirming the support but even if it pulled up now it could easily stop out for a profit of $600 or so. Maybe i wont be so strict on having the next major S/R really far away.
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