The corn and wheat prices didn't react much on the index fund rebalancing as we expected but after the bullish WASDE report we could see some buying. Our buy limit order in Wheat was executed and also stoped out quickly while Stop Buy in Corn is still working.
According to COT report, managed money cut net short ahead of the report in Corn by 36% and Wheat by 30% therefore we decided to keep the Stop buy in corn wroking for one more week.
The original Trade idea you can find here
Good Luck and remember to watch your risk and be consistent
Mr. Tech Man
According to COT report, managed money cut net short ahead of the report in Corn by 36% and Wheat by 30% therefore we decided to keep the Stop buy in corn wroking for one more week.
The original Trade idea you can find here
Good Luck and remember to watch your risk and be consistent
Mr. Tech Man
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