Friday, March 15, 2013

Bean oil trade

Here's a bean oil trade I did last night. I charted support and resistance levels in the evening and noted 49.9-50 area was strong resistance, so I had a sell stop there at 49.91. I was filled, looks like I took about 9 ticks of heat, I woke up in the green about 20 ticks and I covered the trade for a nice small gain.

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