Corn Futures

[cire2222]

talk on Corn futures

[cire2222]

corn stuck in a tight range here and should break soon. upside is my guess and should head to 540

[cire2222]

downward pressure today probably caused by the sell off in wheat. it did hold up relatively well compared to the other grains. still looks bullish to me but no break yet. I decided to get long this at a minimum size

[cire2222]

Originally Posted by cire2222

downward pressure today probably caused by the sell off in wheat. it did hold up relatively well compared to the other grains. still looks bullish to me but no break yet. I decided to get long this at a minimum size

mentioned getting long back in the 503 area and here we are @ 528 a +25 point gain for our swing trade or $1250 per contract. At this point its time to just manage the trade. I actually sold tonight to attempt at a cheaper re-entry. I still think corn heads much higher

[MC]

Just need one of these to make my year...unlike you, ya damn profitable trader. :P
Sweet work man. ;D

[MC]

Corn today broke up from it's descending triangle with the base being LOOOONG term support. I can't afford this play yet but if you guys can you might look to time a buy in.
Volume as of now is kinda light but it's something to watch to confirm the validity of the break.