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Spencer George and Robert Chang from Summit International FX Develop new Strategy for Grain Trading
Summit International FX Brokers Spencer George and Robert Chang are both similarly excited by opportunities in the Grain market due to recent demand and have found a new way to maximize on profit potential using in-house trading software.
By: Summit International FX
Robert Chang, a Senior Broker at Summit International says - "In Canada for example where we have a large client base, over $20 billion in sales comes from the oilseeds and grain industry. This translates to just over $18 billion in exports representing almost half of all of agriculture and food exports from Canada."
He goes on to say “This makes for an ideal situation to acquire more clients that can enjoy a winning first trade in their own back yard."
Grain and soybean futures rose last week due to the threat of rain as steady rains threatened to minimize yields and make fieldwork difficult in parts of the Farm Belt.
Soybeans, Corn and Grain have all been identified as commodities that are likely to rise in price due to 52 week lows identified by our software along with several more complex readings that have been drawn from our software.
"Had we used this type of software and algorithms in 2014, with these same grains we would have made 25-35% more in this particular commodity." says Spencer.
Find out more about Summit International FX, what we do and how we do it by visiting our website at http://www.summitcfx.com.
Summit International FX is a Commodities and Forex firm based out of Singapore offering fully managed and non-discretionary accounts to both retail and corporate investors around the world.
RIsk Disclosure: Past results are not indicative of future results and as such only risk capital should be used.
Summit International FX
+1 (855) 396-4988