One month cycle in wheat: The turn points
Cycle last from blue to blue.
The yellow lines represent points within the complete cycle where trend is likely to change +/- 1 day.
Using these dates along with a chart of price (support/resistance) should give indications of when to take positions.
The yellow lines represent points within the complete cycle where trend is likely to change +/- 1 day.
Using these dates along with a chart of price (support/resistance) should give indications of when to take positions.
Bình luận:
For today I would love to see a bullish bias with sort of double top movement and to then take short to hold until 22nd of August.
Giao dịch đang hoạt động:
Put contracts entered
Bình luận:
Bình luận:
Brutal slamdown on report. Continuance bearish till 22nd
Đóng lệnh: đạt mục tiêu:
Closed shorts. Awaiting new position after this trading day
Giao dịch đang hoạt động:
Went long. Risky trade as we are in downtrend. 5 % margin impact.
AND: This cycle has a BEARISH bias.