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I have entered a long position in sugar futures. I am now long July 2013 sugar at 20.37 at 1:05 am, my time.
The truth is, I have little to say about my entry criteria for this trade.
Anyone who reads this blog regularly should have a pretty good idea about my feelings toward sugar prices at this time.
This is a chart for July 2013 sugar futures, on a daily time frame.
Again, I took a long position at 1:05am, my time, at a price of 19.37.
I am still long gold futures in the December 2013 contract. I am still long Natural gas futures for the front month contract. This position has been profitable, my stop loss adjustment is already above the break even.
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