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Houston,Tx | let the U bean contract take out Q lows and trade to 1060-1050 (where-ever they need to sell)---buy on a reversal back up through 1070 w/ a tgt above Mon highs...1200 or so = $65,000 per 10 lot.
risk to lows. i.e. if it prints low @ 1055 - long from 1070 - risk = 15.5 cents or $7750 - an 8X+ reward ratio.
anytime you get a 3-4/1 reward ratio on a 2-3 day trade -- choice..
Edited by c-xr-1 8/26/2014 18:51
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