CORN (Every big thing has a small beginning!)

View On Corn (10 JUNE 2020)

After all these years of trading/investing, we realize that good traders/investors possess a good grasp of these two things.

They are, Knowing what is going on in the market right now and knowing what is coming up next.

The price of corn has been bouncing around the range since 2008 and now it is at the lower band of that range.

In Addition, due to the global geopolitical situation around the world, we are witnessing the major disruption of worldwide economic mechanisms, and expecting the basic soft commodities price shall skyrocket in the near future.

That's why we are going to position ourselves on the very potential upside of CORN. This set up may or may not work out.

The move up may take some time but it should unfold soon. Every big thing has a small beginning




Let's see

DYODD, all the best and read the disclaimer too.
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Thank You!



Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.