Who Says Technicals Do Not Work?

An interesting move in Soybeans last night. The market finished limit down with heavy offers. It looked nothing but bearish. The reopen saw the market trade down 15pts pretty quickly. Then a retrace to cover the gap, resistance at spot on 1669 held and the market fell always again. Classic textbook technicals. Sometimes trading is that simple.

How to Trade the Crush Spread

One offshoot from the extreme volatility that came with the GFC is that many private traders are now looking beyond the simple strategies such as buying shares. This article takes a look at a risk friendly approach to trading Soybean futures.