Commodities Trading Blog: Trading Plan: Position Trading Corn and Wheat

Sunday, November 22, 2009

Trading Plan: Position Trading Corn and Wheat

Comparing the Wheat Chart with some "Predictions" its quite clear how to trade this instrument:

At the beginning of the Year go short
In May go long.
Then around end of June reverse the position.
In October go long.

Commodity Prices are influced by the Value of the Dollar so at the 4 times during the year where a decision has to be made the trend of the Dollar index has to be as well re-evaluated.

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