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Senior Contributor
NCcorntrader
Posts: 292
Registered: ‎05-11-2011
0

Evening Trade 10/5

[ Edited ]

Good evening all

 

CURRENT POSITIONS:

SHORT DEC @ 580.75

 

RECENT TRADES:

NONE

 

- clearly at a loss in current position, but it is small and I am leaning towards adding short positions anyway. will hold on to it for the time being.

- the upside here is limited IMO.

- dollar has taken a breather but will continue to strengthen based on what I am seeing out of EU. Congress is now beating up China on their currency as well.

 

1920 ET

 

Dec trading at 607. Volume is thin.

 

2020 Et

 

Still at around 607. Very quiet.

Veteran Contributor
glenlivet18
Posts: 121
Registered: ‎06-17-2011
0

Re: Evening Trade 10/5

I'm long corn from 6, long wheat from 620.  They both gave me buy signals this morning.  It's not giving me a signal but I'm contemplating buying the beans.  Soybeans have a tendency to make a bottom in October, and I'm wondering if this is it.  

Senior Contributor
NCcorntrader
Posts: 292
Registered: ‎05-11-2011
0

Re: Evening Trade 10/5

Well I would wish you luck but hey-