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wantonwallet
Jan 21, 2024 5:09 PM

Oats Long with Tight Stop is viable Long

Oats FuturesCBOT

Description

Oats are either about to start trending again, or could make a new low. Hence, we long with a tight stop, the stop represents the 200w ema minus epsilon, the target represents a monthly mean reversion target from the 2022 highs and $5 psychological selling point for farmers.

Good time to buy an Oat farm if you are buying physical real estate, some distressed deals out there as financially unsavvy oat farmers have had negative returns for a few years here.

Comment

Stop was too tight but I stayed in the trade anyways. I think you leave the stop where it is now though.

Comment

Stick with it!
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