Thursday, May 2, 2013

T.J. 5-2-13 Not Sweet Sugar

Sugar's movements are so unpredictable and not very technical. I remember I quite trading it more than a year ago. I picked up to trade with DB and then trading it myself based on technical. Most of the trades have been losers. Yesterday's gap fill turned into a big push through and stopped me out overnight. I entered a short on pull back and now it appears going all way back up again. I will stop trading sugar after this trade regardless win or lose.

I am still in that ZW trade and getting irritated. It was a inside day even with a positive export report and poor conditions of wheat tour. My target is set and just wait for it to hit it or stop out.

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