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China appears to be willing to go far in the trade confrontation with the United States and shall suspend the purchase of soybeans. It is a vulnerability of the American economy, because half of these products exported in China. This circumstance will lead to a reduction in the cost of soybeans.
Soya (soybean) Strategy of the transaction Direction of transaction Selling Entrance (open price) 880 Goal (closing price) Stop Loss 854 893 Horizon to 18.00 MSK 03.06.2019
- China buys 60% to 70% of the world production of soy, and half of US exports goes to China
- American farmers growing soy, suffered greatly from the trade tension because soybean exports to China fell by 74% to $ 3.1 billion in 2018 compared to us $ 12.2 billion in the previous year
- The United States will not be able to quickly shift to other markets, so farmers will be forced to reduce prices
you Must open a deal to sell Soybean 04.06.2019 no later than 18:00 MSK
If your Deposit is different in a big way from $500, it is necessary to proportionally increase the size of the transaction in Libertex. The multiplier remains unchanged. The loss will not exceed 1.6% of the Deposit.
If you want to get your position size multiplier, the potential profit and loss for Libertex, connect to the service Libertex Show.
* If the transaction is not closed for orders (take-profit, stop-loss), it is recommended to close manually before the specified date.
Warning: Profitability in the past does not mean profitability in the future. Any projections are for informational purposes and do not guarantee results.
the Displayed author: evgeniy.turchin
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