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Posts Tagged ‘corn spread trade’

Corn position

Posted in General commodities, Open positions, tagged , , , , , , , , on June 21, 2008 | Leave a Comment »

Sell order was activated on Friday at the asked for price, £64 in profit (64 points). Early in session tested over 750, but poor finish does not bode well for Monday (for the long side). Looking at the chart – break of trendline and on monthly, this month bar is largest in years [...]

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Corn Oil

Posted in General commodities, tagged , , , , on June 19, 2008 | Leave a Comment »

Short corn from 738 – order in, with stop at 745, I think at this point the risk reward look good, order is as close to market as I dare.
Did Crude oil put in a contract high on the 16th? Closed at low of recent trading range, either will stay in range or if breaks [...]

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Corn breakout

Posted in General commodities, tagged , , on June 15, 2008 | Leave a Comment »

As I mentioned last week, the fast move in corn happened, and the chart shows that it was a perfect example of a Bollinger breakout.  The range 580-620 (approx) was violated to the upside and followed through with a few days of quick upside move.  To catch this I would have placed a stop at [...]

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