After 3 months we close our positions on wheat.
The price pulled back 25 points, leading our positions to hit the Stop Profit we had set at 769.80 to save profits, and it did.
Very good are those who have deducted part of the contracts on 50%, others on 38.2% letting the remaining part of the contracts run, very well indeed.
Now let's let the WHEAT go where it wants to go, we are far from any signal of the MCS, in February we will be in A1 of the annual and we will then evaluate any possible trade.
The price pulled back 25 points, leading our positions to hit the Stop Profit we had set at 769.80 to save profits, and it did.
Very good are those who have deducted part of the contracts on 50%, others on 38.2% letting the remaining part of the contracts run, very well indeed.
Now let's let the WHEAT go where it wants to go, we are far from any signal of the MCS, in February we will be in A1 of the annual and we will then evaluate any possible trade.
TheCyclicalTrading.com