The trading session of July 16
moment on the cluster ( 1510 it was if the worst comes to the worst). Up to 1520-27 (level) the quotation didn`t get up and there was entering in the market by 1509. I had the aim 1500. I was surprised when the deal wasn`t closed on a take profit, besides the level was gained ( WHC makes me sick of a such kind of tricks) I was forced to close by myself at 1499. Here we can find the answer: Why did I get in the sell? In general, the indications of a some number lots on the cluster is a good thing, but risky. That`s true, and I agree. As a matter of fact, I also test the comparative analysis of the oil and a soy. Geometrically I have situated them together on my indicator. When the prices of both come across, than often we have a stop of the movement. At this moment it is on the stage of a testing, but I like this effect more than a combo. So, there are oil on the market, as we see it on the one of pictures( oil - is a red
line) gone down, there was very strong bear`s sentimentalism. That`s why I sold it. Often the soy walks arm-in-arm with oil ( according to May`s analysis) and during the bumping we have the support of the resistance. When the oil`s quotation go down, I`m looking at the soy only as for sale. The second entering was made at the sell limit, when the price moved up to the level 1527 - the sell limit snapped into action. There was a rate level, besides the oil was doing nothing but standing in the place, it means that the soy was like led by something - and has jumped up to 1527 and the lead stretched. I came to 1522. And than I had a good opportunity to come in by the sell limit at 1536-1535. It is the rate level of the contract(in the leaders five), and there was a core from July`s 16. It would be good to sell it from the border!! But I have missed that chance. I've thought about it - fortunately I had a time.. But.. The movement stopped at the core of Monday`s 14 July. I have already been out of the market, but it was interesting to look at it after that. The result: today the market was technical - speculative on 90% minimum. Almost everything was processed, what could be processed.
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