6-6-08: Soy Future Commodity Trade Update (Ichimoku)

The Future trade is looking really good.     We are moving our stop to 1395 6/8 (aggressive).   The conservative traders, you got out yesterday locking in profits.     The aggressive trader outlook is more long term.   Therefore, we expect Soy to still show more bullish action.   It may do a pull back today due to the huge move yesterday but only time will tell.
For EDUCATIONAL USE.    Commodity Futures Trading Comission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose

About the Author Manesh Patel