The4Fund

An easy corn trade

Long
The4Fund Updated   
OANDA:CORNUSD   CFDs on Corn
Type of position: Buy
Entry point: 3.58 or below
Exit point target: 4.48 (30% profit)
Time span: 287 days

You can enter some Corn CFD or use the Teucrium Corn Fund to make a similar trade.

There is a clear pattern in the last 5 years for trading corn. We have a low around the beginning of September and we are bullish throughout most of the year until mid-late summer. The average gain as seen on the chart for the last 5 years is 30% and the average bullish time span is around 287 days.

You can use leverage or options to increase the profit potential.

Moreover, there is a high risk of crops freezing in the US which can boost the corn prices even faster:
www.youtube.com/watch?v=02ch3RCQ...

Me and my clients caught the crypto bubble, the marijuana bubble, and we are preparing for the bull market in the precious metals now.
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Comment:
I would take some profit here, and reload if we go lower. If we continue higher, just look for other opportunities
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