Long August Feeder Cattle: GFQ2023
Updated
Seasonally supported for Buys May/June >> into July. Typical seasonal Low mid-late June (agreement across 5yr, 15yr, 40yr data).
I like how this has retraced down to old Aug'15 high and rejected that dynamically (see the GF1! W graphic). I very much like the perfectly 'clean' equal highs from 2015-2023 (see GF1! weekly graphic).
I prefer not to see price return back below the island reversal gap; though stop is set a wee bit deeper still just in case.
Looking to hold this until completion or stop out. But if we make some progress up and we get into Mid-July =>> i may consider exiting early.
I like how this has retraced down to old Aug'15 high and rejected that dynamically (see the GF1! W graphic). I very much like the perfectly 'clean' equal highs from 2015-2023 (see GF1! weekly graphic).
I prefer not to see price return back below the island reversal gap; though stop is set a wee bit deeper still just in case.
Looking to hold this until completion or stop out. But if we make some progress up and we get into Mid-July =>> i may consider exiting early.
Note
Note
Took bulk of position off here; stop to trailing, leaving the remainder on for potential run to target 2 ($250)Trade closed manually
Exit final portion here before the weekend. Holding costs for feeder cattle are substantial, and i'm happy with this profit.
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PayPal.Me/twingall
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PayPal.Me/twingall
BTC: 3JrhUwNRnKyqhaa1n1AXKeAubNeEFoch6S
ETH erc20: 0x4b0400B1c18503529ab69611e82a934DDe4Ab038
ETH bep20: 0x1F0f03F184079bb1085F8C9dF3a8191C9f5869B3
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