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Tuesday, March 24, 2009

Mar 23/09 Long May Bean Oil

Recommended Futures Trade:
Buy May Bean Oil with CTGFutures Nested Trading Systems.
May Bean Oil - CTGFutures Nested Trading Systems

In the upper chart (150 Tick) the CTG system is in Buy or Long mode. We then set the 10T auto system to trade Buy/Long signals only. Two trades were executed, both trades were losers for a combined loss of $100. These losses illustrate the nature of this strategy. Trades are exited quickly if they are not moving in our favor. We will continue to take long signals as long as the 150 Tick system is long. This position is forecast in CTGFutures Weekly Trade Plan for March 23, 2009 and is a pick of the day for today's daily update available free for registered members. You can download the PDF File for free.

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