Comments on the chart
Note
A good day for this trade idea. Data was released which showed that essentially supply will ge more than expected theis year andd the next. I see no reason to cuy corn at this time other than daytrading. Seeing the 25 point drop I closed my short position. I will be looking to re-enter but I want to allow for a retracement. If the retracement does not happen then I have lost money by closing to earlyNote
Lost money by not staying in some more. Price has continued to move down after I closed my position. You cant grab every ounce of profit all the time. Suport at 363 is looming.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.