Thursday, 16 July 2015

Boi Gordo or Cattle... breaks up trend.

Hello,

I have spotted if you are trend trader a nice way market to catch a potential down trend formed.... Cattle or in Brazil we say Boi Gordo.


This trend usually takes years to develop what gives nice positions to be build... so if you like trends this is one good for you.... the next target is 114.

I hope meat will get cheaper in brazil cz nowadays its very expensive.. however cheaper prices will be more profitable to exporters that will reduce intern supply causing highers prices anyway.. thats the shitty in Living in emerging and agricultural economies... you always get the REST of all cz everything is exported.

Anyway If you are farmer or cattle trader be ready to cheap prices ahead.

Cheers

Cheers

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