Market Curiosity: Exploring Markets And Systems

March 24, 2011

Buying December wheat (paper trade)

Filed under: Futures Trades, Just Watching — Tags: — Jeff Fitzmyers @ 7:26 am

Buy stop around 830.
Stop loss around 808.

This might be a tad early but the risk reward ratio is good.

+ NR7 — my favorite entry signal.
+ Weekly CCI is low.
– Monthly CCI is declining.
– Daily CCI could drop, but if so, the stop probably won’t be triggered.
+ Commercials are almost net positive. This is the best setup of the grains.

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