The Trade is opened when ICE Sugar No.11 Futures are trading at 13.15 (Selling Price) - 13.20 (Buying Price) 1 TICK of Sugar No.11 is 0.01
You think the price is due to FALL Sell Sugar @ $50 per TICK @ 13.15
You think the price is due to RISE Buy Sugar @ $50 per TICK @ 13.20
With PIPTRADE you can choose the US$ value per tick
according to your risk preference. When you trade at $50 per
TICK, your profit or loss will change by $50 every time the
price of ICE Sugar No.11 Futures changes by 1 TICK (or 0.01)
The Trade is closed when ICE Sugar No.11 Futures are trading at 12.37 (Selling Price) - 12.42 (Buying Price)
Sell Sugar @ $50 per TICK @ 12.42
Buy Sugar @ $50 per TICK @ 12.37
Selling Price: 13.15
Buying Price: 12.42
Difference:
(13.15 – 12.42) = 0.73
Your loss on the trade is 73 ticks
Trade Size: $10 per TICK
(0.01 movement)
73 * $50 = $3,650 Profit
Buying Price: 13.20 Selling Price: 12.37
Difference:
(12.37 – 13.20) = -0.83
Your profit on the trade is 83 ticks
Trade Size: $10 per TICK
(0.01 movement)
Soybeans are one of the most popular and actively traded commodities of them all. Soybean oil is used to in a huge variety of products whereas the meal is mainly used in animal feed. As they are so widely used there is a lot of interest in this product across the globe. The largest producer of soybeans is the US and they are most commonly grown in the Midwest of America.
This product is more volatile in the summer months and there are several reports released affecting the price of the soybean. The weather has a large part to play in the pricing of this futures product as well as monthly crop reports and the usual supply and demand factors.
FALL
