SL 162.6 TP1 161.9 (1:~2) TP2 161.6 (1:~2.5/3) Optional TP3 ~161.2 (1:~3.5/4) 4/12/18 price action has extended well past its upper true range value and touched overhead resistance + upper weekly true range. Short from here and aim for minimum 1:2 RR. Move SL down to initial position when TP1 hit, then aim for just before next support @ 161.515. If you want to...
SL @ 2593 TP1 @ 1:1.8 RR TP2 @ 1:3 RR TP3 @ Trail SL or aim top of rectangle Price has been ranging within this rectangle since october and formed a pretty solid structure. The bottom of the rectangle overlaps with the lower monthly ATR. If price reaches there early in this month we could see a reversion to the mean and price head back up inside rectangle again....
SL @ 1250 TP1 @ 1225 Optional TP2 @ 1210 Price broke out of its short term downtrend and is testing the previous high. Price is also very close to its upper weekly ATR and so we could see a possible reversion to the mean. Look to short to its trendline or get a quick 1:2 trade out. Price still has potential to break to the upside.
SL @ 9.266 TP1 @ 1:2 RR TP3 Trail SL Soybeans has reached it's 6 months upper range. Don't over capitalise in this short, price tried very hard to break to the upside of its range earlier but didn't succeed. Wider SL than usual (placed above weekly upper true range) due to volatility. Look to carry the trade to the trendline.
SL 5.25 TP1 @ 1:2 RR TP3 @ 1:3 RR Trail SL rest of position every 1:1 move. NG has reached and seems to have rejected its upper channel. Short from here with SL just above monthly upper true range. Aim for some bigger targets if you are capitalized well enough. It may still have enough strength to break to the upside based off its recent huge move with plenty of...