Rtrader2525 thanks for the advice man! Give me a call tomorrow if you get a chance I got a few trades you might like!
Short 2 @ 56
Profit target is 54.5
Short 2 @ 56
Profit target is 54.5
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Youngtrader's Commodity Journal
- Thread starter youngtrader
- Start date
These guys are trying to force it higher but paper seems to be slowing. I'm out if we reach 57.
55.25 has 130 lot sitting on the bid which scares me a little
55.25 has 130 lot sitting on the bid which scares me a little
Out at 56.75
$75 loss
That 100 lot is stepping up and he is good for it. Somebody wants to get some corn bought tonight.
$75 loss
That 100 lot is stepping up and he is good for it. Somebody wants to get some corn bought tonight.
Long 2 @ 53.75
Target 56
A break below 53.5 and im going short for a quick scalp to 52.25
Target 56
A break below 53.5 and im going short for a quick scalp to 52.25
Out 53.25
$50 loss
Short 5 @ 53.25
Target 52.25
$50 loss
Short 5 @ 53.25
Target 52.25
Out @ 52.25
$250 profit
$250 profit
Done for the night. Not too bad of a night, took some money out of the corn market so can't complain.
Out of my 5 corn shorts @ 557.5
$1625 profit
$1625 profit
I like shorting may bean meal around 385 if given the chance.
As far as what today is gonna bring in the grain complex. I think both corn and beans will get a nice pop (prob another 5 cents from overnight close on corn and 25 cents from overnight close on beans). I think bean meal is gonna pop today to around 385 or somewhere close. I think bean oil is gonna get hit again today and trade a little lower probably to .67
Good Trading Guys
As far as what today is gonna bring in the grain complex. I think both corn and beans will get a nice pop (prob another 5 cents from overnight close on corn and 25 cents from overnight close on beans). I think bean meal is gonna pop today to around 385 or somewhere close. I think bean oil is gonna get hit again today and trade a little lower probably to .67
Good Trading Guys