Oats futures: Go long the front month futures

Use a stop loss under yesterday's low, risk 1% max, and aim for a 10% rally from here.
Commercial traders have been increasing long positions, and the chart is very bullish, and outperformed most commodities in the previous session, so this is a very attractive setup.

Good luck,

Ivan Labrie.

Kommentera:

If stopped out, place a buy stop at 178'6, with the same stop loss we have now.

Trade stängt: Stopp nått:

Wait for a breakout of the highs.

Handel aktiv:

The breakout order got filled, and trade is in good profit.

Kommentera:

Great!

Kommentera:

Close half of the trade now and move stops to today's low. Last: 182'4

Kommentera:

Amazing move.