Soybeans 3 minute chart

This is the soybeans chart for Friday, Nov 30. The slow, gradual rise composing most of the chart on the left was a difficult, but profitable series of 3 trades. The last one on the right was a very profitable trade that made for a good week.

Note on the 2nd and 3rd panels that the moving averages crossed over the more sensitive indicators sharing the same panel at just about the best moment to exit the trade. The bad news of this phenomena is that it is usually only clear in retrospect. That the time the trade is occuring, it is NOT very clear. Still, it is helpful for post-trade analysis of how well I'm doing. In this case, I made 3 trades.

In the next two pictures, I will cover these trades in more detail using a tick chart. Tick charts are based upon trades rather than time intervals.