Hola ,
so my thesis on the dixie was spot on and was right in ignoring the news
though did not capitalize on it as much as i could but you live n learn ( said to myself corn market cap is tiny so easy to move around but the break in structure put me on the backfoot - lesson MSB can happen and reverse do not get stuck on it )
thought time to zoom out and see what's up on the HTF
recon we are headed to 98.986 where am going to de-risk and look to add on the expected bounce or reclaim attempt for the previous range low
imo we head on lower through the summer as for corn still recon above 30K is a deviation but will look into that when and IF we get there
for now waiting on 102.189 reaction
ps: if anyone is interested in me ranting on then personally think the money printer has just sort of delayed the inevitable are in for a crazy rollercoaster of a ride maybe look into people like Hugo Stinnes and what they did to capitalize on similar conditions.
obviously IF we break up idea is invalidated
so my thesis on the dixie was spot on and was right in ignoring the news
though did not capitalize on it as much as i could but you live n learn ( said to myself corn market cap is tiny so easy to move around but the break in structure put me on the backfoot - lesson MSB can happen and reverse do not get stuck on it )
thought time to zoom out and see what's up on the HTF
recon we are headed to 98.986 where am going to de-risk and look to add on the expected bounce or reclaim attempt for the previous range low
imo we head on lower through the summer as for corn still recon above 30K is a deviation but will look into that when and IF we get there
for now waiting on 102.189 reaction
ps: if anyone is interested in me ranting on then personally think the money printer has just sort of delayed the inevitable are in for a crazy rollercoaster of a ride maybe look into people like Hugo Stinnes and what they did to capitalize on similar conditions.
obviously IF we break up idea is invalidated
Trade active:
Trade active:
had to have a reaction at 103 now we see the real test , flip risk off IF we reclaim 200 ema otherwise time to add :)
Comment:
HTF VIEW teasing us
Comment:
even higher time frame looks uber bullish if we have a wee pump all bets off and wait for 15K sweep on corn hehe never a dull day