Loss on Short BUB of 9 ticks and reversed position Long
Short BUB...this is what the ZN and ZB butterflies looked like when I entered the short.
Long Soybean/Wheat spread, Playing cheap vs expensive ags
Testing trading method to sell weakening Ags and buy strengthening Ags
I had to reverse my position earlier today. And of course, I end-up entering my long BUB trade at the top of the pivot. Taking some heat, but sticking with my long BUB bias
Looking at the ZB-UD spread to flatten. The key to this trade is patience.
Pseudo swing trade with good potential up, waiting for my target to be reached then I'll get out.