Grains Journal

Quote from optionpro007:

Hi b1s2. Do you have a position or comments for the May cocoa contract?

Thx.
More...

Not one that I watch on a regular basis. However a quick look at the daily shows a double bottom with RSI long grail on the close 6 days ago.
 
Quote from optionpro007:

Hi b1s2. Do you have a position or comments for the May cocoa contract?

Thx.
More...

Weekly chart suggests bull flag, while monthly indicates a possible upside breakout from a long consolidation period.
 
Quote from Buy1Sell2:

It's a patience trade--this short July Wheat. Intraday charts today give something to hang our hat on. (10 minute chart)
More...

The intraday charts just look like a bear flag to me. Even though this trade is going nowhere, I just need to stay short for now.
 
I have closed July Wheat Short at 4.780.

Bad decision? Maybe--but I can always get back in on a fresh signal. The trade was going nowhere and I have gotten it as close to breakeven as I need to. My average price was 4.713, so not a blowout loss. :)
 
hi buy1sell2,
do you ever make use of ecbot grain options to either hedge or provide extra income on your positions? if so, could you elaborate...
enjoy your posts btw.
 
Quote from Buy1Sell2:

Purchased Dec Corn at 3.844 yesterday afternoon. Sorry for the late posting. This is a longer term play.:)
More...


Still holding Dec Corn Long here. Current price is 4.004
 
Quote from bigbiscuit:

hi buy1sell2,
do you ever make use of ecbot grain options to either hedge or provide extra income on your positions? if so, could you elaborate...
enjoy your posts btw.
More...
 
Quote from bigbiscuit:

hi buy1sell2,
do you ever make use of ecbot grain options to either hedge or provide extra income on your positions? if so, could you elaborate...
enjoy your posts btw.
More...

I only use Pit traded grain options. Yes, I hedge many times.
 
You must log in or register to reply here.
Back
Top