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Re: Soybeans
Pretty simple, really. Let's assume that you are daytrading, and not taking swing positions overnight.
If anyone of the grains lock down on the opening, look for volatility and activity in the others.
Like the corn. Trading the beans and wheat should give you all the juice you need to make a profitable trade - in any direction except sideways.
The knee jerk reaction in the beans was as expected - followed the corn to the downside, then whipsawed back up, once the sucker shorts were out.
Again, for me, as long as it's not sideways, the action will give enough clues as to which direction to take (and when to jump in - and more importantly - out).
May your profits be with you!
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