Grains on fire

[Cutten]

Wheat limit up, beans going bananas, even wheat getting in on the action.

So far they have had a fairly slow steady bull market. Now it looks like it's moving into the momentum phase. You could get some serious price advances from here, but also a hell of a lot more volatility. Belt-up and get ready for an interesting ride.

 

[Shagi]

amazing stuff -
cutten

 

[Buy1Sell2]

I have an order to short March Wheat on a sell stop a bit below below 880. Wheat is toppy.

 

[tradingbug]

Quote from Cutten:

Wheat limit up, beans going bananas, even wheat getting in on the action.

So far they have had a fairly slow steady bull market. Now it looks like it's moving into the momentum phase. You could get some serious price advances from here, but also a hell of a lot more volatility. Belt-up and get ready for an interesting ride.

Does anyone know what the symbols are in Qcharts or Esignal for these futures. I would like to chart them and was wondering which charting software is the best and how one would go about getting into it. Thanks in advance.

 

[jsl50a]

In KC every listed contract, all the way through July 2010, closed limit up bid.

That's quite a crop report.

 

[Asparagus]

man, i let this one get away on me. was waiting for a pullback which never materialized. someone hold my hand so i don't jump in here.

 

[enochbenjamin]

got your pullback last week in wheat, but it didnt last very long -- new highs in place - whats next??

 

[number22]

I was shaken out couple of time on it; still long on wheat; but every pull back made me nervous.

 

[Shagi]

The wheat rally is relentless - if you getting scared on pullbacks - pivot your entry and exit trades on weekly reversal - see chart - its milking a fat cow fed 24/7 on growth steroids

 

[nazzdack]

There's still time and opportunity to get Chicago and Kansas City in the teens.