Howdy there Joe!
Still trading the Russell with the odd S&P lot thrown in. Dabbling a little in the forex markets now too as I can trade them at a 1.5 pip spread - reasonable.
As for the elec. grains, not enough volume for me yet.
Now, about this sugar deal. This is why I chose it. I suspect it should set off a whirlwind of healthy opinions and ideas. This "setup", for me, is without any doubt, my number one trade on an intraday chart (most dailies too) - over 92% winning expectancy. I pick tops and bottoms, thats my job. Anyway, this is the point where the trend either changes and moves hard against the prevailing trend, or continues to grind its way lower.
Now, should market rally from here, not a bad little trade. However, should the down trend still be in force, then I get stopped out. BUT, this is a big BUT... should I be stopped out, I will triple the size and go short! If I'm wrong here, then I'm dead wrong and better get my sorry whipped butt back on the right side and fast! This is a trade I would actually do if I had a commodity trading account. This IS going to be fun!
RobT