Re: Nine Buck Beans...Monthly *PIC*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Trouble Ticket Forum Policy

Return to Index Read Responses

TFC Commodity Trading Forum

In Response To: Re: Nine Buck Beans...Monthly *PIC* ()

finally broke out off the 105 to the upside. Said it would likely go to 12 if this happened. We even got a nice little test of the 1050 right before launch.

Have to wait and see what 120 gives us. Probably get some resistance here.

Started this move at Nine Buck beans. In the hypothetical you should still be long half your original contract number.

Nine to twelve is a 3 dollar move so each contract is up 15K with precious little to no draw down on initial purchase.