Here I lay out my trade idea for Wheat. Given Global Macro events, technical patterns and indicators, I see a long here.
3:1 RR 1% Risked.
Let's see where this goes!
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Just today; talks of continuing Grain aka Wheat exports... should relax wheat pricing a bit, this still does not 'fix' the Macro view of Wheat, we will see.
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Never like hearing negative news to make a trade pop, but this one will be opening pre-market 5% up. I assume the trend continues.