Seeking a quick day trade here and usually swings nice on intraday charts as you can see right now the 5DMA crossed the 8 DMA and looking for a quick 7% here.... Regards, Jason | www.tbltraders.com
This is part 2 of a post I did in September 2013. Nothing has changed, really. The same MACD signals produce good profits. Sugar futures are traded on the ICE exchange and any futures brokes can give you access. The margin requirement is $950. When MACD crosses positive on the daily I plan to go long.
COULD BE AWHILE BEFORE TARGETS ARE HIT AND PULL BACKS WILL OCCUR! THIS IS A MAJOR SWING TRADE SMALL STAKES, REAP THE BENEFITS!!!
IF A COMPANY HAS CONTINUED GROWTH IN A CHANNEL WITH FLAWLESS STRENGTH AND A NICHE MARKET FOR A PRODUCT USED AS NECESSITY IN AN ECONOMY STRUGGLING TO FIND PRODUCTION YET PRODUCE OIL AND GAS WHICH IN TURN GASOLINE RISING AT THE PUMP AND CORN BASED ETHANOL OUR ATTEMPT TO GO GREEN IN A DIRTY BLACK FOSSIL FUEL LOL. THE GOVERNMENT MANDATES A PERCENTAGE IN EACH GALLON...
This came up on our Smart Money Scanner yesterday. Double bottom extremes trade. This is looking like a tight trade. Good risk/reward combined with good potential for a second target. Entry: 9.66 Stop: 9.53-1.3% Target: 9.99-3% Risk/Reward: 1/3