Global Capital Reserves: Soybeans Rally Above EMA Also

Wednesday, August 13, 2008

Soybeans Rally Above EMA Also

Wheat has been in a consolidation for several days, but soybeans is also rallying today much like corn. If prices close above the EMA today, and confirm by moving higher tomorrow, the downtrend will have ended.

S Benard at 9:39 AM

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S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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