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Genghis
Oct 6, 2016 2:57 PM

Wheat Oct'16 - decision time 

Wheat FuturesCBOT

Description

Consolidating on long term support line 386 or 412. Will see what unfolds. Would look to buy into 393 level and below.

Trade active

Long at 4, SL 3.85

Comment

Missed adding at 23.6% fib... wow what a gap up.
Not great as likely we'll have a sell off to fill it.

Comment

Gap filled

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Looking for excuse to get long

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Waiting for pull back to get long

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Looking to buy sub 400

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5min chart

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Dollar rallying and wheat taking a hit... still want sub 4 to buy

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Take out 430 and we are off to the races

Trade closed manually

Closed and flipped short at 426

Comment

Popped. Looking for move below 410 to load up long

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Looking at sub 4.10 to get long

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Still waiting on dips to get long

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Off she goes...

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back down to broken trend line
Comments
Genghis

Another potential buying opportunity
Genghis

Into buy zone
Genghis

Closed the day out on potential support
Genghis

Monthly chart
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