hi, looks like soybeans fell about 50 points in the last one minute of electronic trading. can someone else confirm this. any reason attributed to this drop? svr
Being investigated at the moment. 13:14 - 13:15 CT Trades Questioned Multiple Months ZM (Soybean Meal) and ZS (Soybeans) CME Group 20 South Wacker Drive Chicago, IL 60606 USA
Stopped me out of a profitable swing trade. Still profitable, but gave back about $500 per contract..........ZS X8
i had a limit buy at 1204.75 and was watching wheat very closely. suddenly the alarm goes off. i see that the soybeans order has been executed. came as a complete shock because i had been keeping an eye on it through out the session!!! now, have a 800$ loss! first time ever such a thing has happened to me. svr
13:14 - 13:15 CT All Trades Stand in ZS (Soybeans), XB (mini-sized Soybeans), and ZM (Soybean Meal) CME Group 20 South Wacker Drive Chicago, IL 60606 USA
Ouch! Happened to me once... thats' why I dont like resting orders in the market..... even more so close before the market closes before a holiday....I got stopped out at 1115.5, ZS X8. Was in from 12/18 at 1062 even, but still... paper profits were about 3400 in the morning, and I placed a tighter stop, for better or for worse... is back to 1020 now.
I am new to trading the grains. What is the difference in the last trade on the 5 minute chart being 1165 and the settlement price of 1207? Thanks
I am not a bean punter, but I know the "settlement price" is usually the pit close in other contracts, vs. GLOBEX close. surdo the punter