Soyoil
20 Oct - Soyoil, Trader Continue To Long
InvestorsDoctor
Publish date: Sat, 21 Oct 2017, 05:28 PM
InvestorsDoctor
0 1,969
To get more information on local and foreign futures markets, join us on telegram & Facebook.
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
20/10/2017
Soyoil Jan 18
yesterday close: 33.99 +0.47
US Soyoil ended higher yesterday, supported by news reports that President Donald Trump told the governor of Iowa on Wednesday that he was committed to renewable fuels. Furthermore, Weekly U.S. soybean export sales fell below trade estimates but weekly soymeal and soyoil sales exceeded expectations.
Based on hourly chart Fibo analysis, soyoil retest 33.89 (61.8% level) and also previous high of 34.06, sustain above this level will signal further rebound.
Price level to watch out today:
Resistance 34.06 34.45
Support 33.43 32.94
Recommended trading plan today:
1. Sell 33.89 with stop at 34.03, profit 33.70/33.50
2. Buy 34.07 with stop at 33.89, profit 34.25/34.40
Margin requirement (per lot)
USD 797.50
To get more information on local and foreign futures markets, join us on telegram & Facebook.
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
More articles on Soyoil
[Soyoil Futures] - Price Chart Signalling Correction Ahead
Created by InvestorsDoctor | Jan 08, 2018
[Soyoil] - Significant Breakout, Price Targeting higher region
Created by InvestorsDoctor | Jan 04, 2018
02 Nov - Soy oil Continue to Trend Higher, Eyes on Month End Report
Created by InvestorsDoctor | Nov 02, 2017
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
2
3
BFM Podcast
4
5
BFM Podcast
6
Koon Yew Yin's Blog
CPO price is rising rapidly as shown by chart below - Koon Yew Yin
7
Axcapital's investment blog
KAB - Executing its way to a record quarter. Could more Petronas contracts be coming?
8
Mercury Securities Research
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
