July 21, 2014

Channel Failure Trading Soybeans Futures; SchoolOfTrade.com

Here’s the Trade Set-up for Soybeans Futures… 
I’m watching the ‘beans trade higher
this morning and just before lunch the bottom of the price channel falls apart…
this is an easy clue to get short.
The key to the entry on this is getting to it quickly… but
too early because I need to see clear confirmation the buyers have failed… and
more importantly… that the sellers grabbed hold.


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These types of patterns work on ALL markets and this drives that home! We don’t typically trade Soybeans that often but when we do, we use the same style and hit it out of the park for a some gorgeous trades!

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