Sugar breakout, yesterday.

Discussion in 'Technical Analysis' started by countryBoy641, Jan 31, 2023.

  1. schizo

    schizo

    Taking a small short on Sugar futures (SBH23) at 21.67.
    Stop 21.92
     
    #11     Feb 3, 2023
  2. schizo

    schizo

    How do you like this dog, now? :D
    Looking for 20.70 as the target.

    upload_2023-2-3_10-19-50.png
     
    #12     Feb 3, 2023
    SunTrader and easymon1 like this.
  3. schizo

    schizo

    How did ya like that? :thumbsup: Will be looking to short again at around 21.35

    upload_2023-2-8_14-47-13.png
     
    #13     Feb 8, 2023
  4. SunTrader

    SunTrader

    OP still waiting for his MACD squiggly (no divergence whatsoever) to move price, instead of the other way around.
     
    #14     Feb 8, 2023
  5. schizo

    schizo

    Reversing here after making a double top. However, in a larger scheme of things, channel play is in progress.

    upload_2023-2-13_16-5-39.png
     
    #15     Feb 13, 2023
  6. Handle123

    Handle123

    Sugar is great market to trade from very long term trend. It adheres to chart patterns and trend lines but I still hedge opening positions.
     
    #16     Feb 13, 2023