Soybean bottom

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FUD and counter FUD cancel each other.
Food is important, it should be expensive.
Think of the farmers!

Let's fill our bags and run away with sellers money muahahaha.

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تم فتح الصفقة

AAAAAAAAHHH TOO MUCH GOING ON
ENTERED SOYBEAN FALLING KNIFE

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ملاحظة

I do not like how things are going but I will wait a bit.
GBPAUD my other trade is going well and my win will be 2.5 times bigger than a loss here, plus SPX going well too.

BUT if it really keeps falling and smells bad, I am getting out of that falling knife soybean future early and keeping the loss small. It did not bounce it keeps going it stinks.



That diagonal line conveniently placed at 8$ is the last chance I am giving it! Otherwise I won't buy before 7.75 a bushel. And only if I see a rock solid bottom.
Screw this.

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ملاحظة

Well at least moving my stop loss up prevented me from getting stopped at the very bottom.



Might re-enter on a double bottom.
Glencore reading this? Might or might not take the opposite position of what I post.
Or just not post it.

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ملاحظة

I had a hunch I entered too early, it was strongly downtrending.
Geez man.



Well not going to re-enter. I think it was a mistake to enter when I did and I should have entered, but a bit further.
It's an art not an exact sense. Yes usually it goes a bit further than expected when the momentum is this strong.
I feel it makes sense that it went this far.