Tag : futures trrading

My Limit Up/Limit Down Rule—Look At Lumber
My Limit Up/Limit Down Rule—Look At Lumber

TRADING THEORY—This is an outstanding rule to understand as when a market trades limit down such as what cotton did in today’s trading session that tells you there is a high probability that prices will open lower on the open in tomorrow’s trading session as buying limit down is a fool’s game. Remember when a market closes limit down there…